Friday, December 14, 2012

Nifty Pre-Market View.

If 4th wave is completing, it is likely to hold the channel and move past 21hr/ 34hr sma.
Any fall below 5807-15 would be initial signal of larger correction.
For Day T/F, closing above DLEma is the min. req.
For week T/F, closing above WHEma is the min. req.
For intraday traders, mild strength above 5867 & resistances @ 5891-99.

27 comments:

Kumar said...

Namaskaaram GuruJi and Friends,

Good Morning.

Have a Good Day.

Pranams
Kumar

NEVER GIVE UP said...

Good Morning Ilango Sir & All Friends.

varun kumar said...

Good Morning llango sir, DR sir, seniors and my JN mates.

K.srinivasan MGR NAGAR said...

Gd morning ilango sir&friends

Unknown said...

Sir
There are early indications that the index taking a downward turn.
After the sharp correction of 100 points from 5965 to 5865 which if it is labeled as first impulsive then yesterday it completed a double failure flat which ended at 5907
and again there was a sharp impulsive sell indicating a 3rd has started. if this view is true then 5882.20 is 61.8 of the supposed 3rd till now and should not be voilated.(close to JNSAR).
Selling close to this no is good risk reward.

HARISH TAHKKAR said...

Observation & Opinion :
Huge Bear flag on last swing T/B 5893-5841= 52
Flag: 5860-5841
Targeting 5789 ?
Let the market to decide we can decide only SLO
Trailinlg SLO,part booking & exit.

sushil said...

good morning master and blogmates

Unknown said...

Good Morning Ilango Sir & all Blogmates,

Rgds
Saravanan

Suraj said...

Good Morning Ilango Sir and All Friends & Seniors

ALBELA HOUSE said...

R/Ilango Sir Namaste n Namaskaar 2 all reader's.

Ajit said...

Good Morning Ilango Sir & all Blogmates.

Sekhar said...

Good morning ilango sir& All

Anonymous said...

Dear Ilango sir,
GM, if market open flat or gaps down then can we buy as there is a good probability that it will go towards 5871?
Thanks

Yogavidya by Parimal Devnath said...

Namaste Dear Master and all friends
Wish you all a profitable day of trading

sudharsan said...

Good Morning Master and Friends

jay shah said...

gm respected sir , seniors and dear freinds

Yash and Dhan said...

Good morning Sir and dear friends,
Have a great day ahead.
Thanks

Nilesh Deshpande said...

ATR Based Trading Signals

Buy Zone : From 5821 to 5805.75

Breakdown below : 5802.7

Breakdown target : 5755.4

Sell Zone : From 5882 to 5897.25

Breakout above : 5900.3

Breakout target : 5938.4

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

SAM said...

looks like bata taking support ..

yogesh bhai said...

gud mor master nd dear frnds

Shradha Saburi said...

Good Morning Sir And all my gems of JN
wiah you all happy trading day
i am on mobile

Parminder said...

Master ilango and friends,
Good morning to all
Regards

SANPOT said...

Good Morning Ilango sir and Blogmates.

madamuniramaiah said...

GOODMORNING, TO ALL JN FAMILY MEMBERS.
Iam reqvesting all to PLEASE THINK ABOT THE THANKS GIVING DAY; FOR OUR GREAT MASTER,ILANGO SIR.on his BIRTH DAY.
thanks,

be positive said...

gm ilango sir nd all blogmates

Ilango said...

New Post Done.

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