Monday, February 3, 2014

Nifty Pre-Market View.

Prices have done a 5 from 6170-6027.
Prices also have done a 5 from 6356 to 6027.
The bounce/ retrace for 6170 to 6027 continued holding "6047".
The critical number that would suggest a larger retrace would be 80% @ 6141.
Prices came into the gap zone of 6086-6110.
The ST bounce was supported by Hour TA with +ve div but not the day TA.
Day TA would support only if prices are able to close above DLEma..
Two new signals emerged from week & month on Friday - Down & Down.
In sum, holding 6047, bounce continues into the res. zone of 6086-6115(&6141) and
Staying below 6073-78, fall continues towards 6047 & lower...6015,6001,5971.

20 comments:

DNSHUKLA said...

Good Mng Sir and Friends.

marina s rao said...

GM Master & blogmates.

Have a profitable day.

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

SANPOT said...

Good Morning Ilango Sir and Blogmates.

vk said...

Namaste Guruji.

venkateshspices said...

Good Morning sir & friends

NEVER GIVE UP said...

Good Morning Sir & All Friends.

Trading For Living! said...

Good Morning,
Happy Disciplined Trading!

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SAM said...

Good morning master and all blogmates

Suraj said...

Good Morning Ilango Sir and All Seniors & Friends

Hemanth said...

Gudmrng Sir and Blogmates have a profitable day !!

shiva said...

good morning, Sir and friends..

satheesh said...

Namaste Sir and all,

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Unknown said...

Good Morning Sir and Blog Mates

veerasamy

Prakash said...

Gudmorning master and all frnds

Shiv Kumar P P said...

Good Morning Master & Friends !!!

Squander Star said...

Good Mrng Master & Friends...

happy day guys

deepak b said...

Good Morning Sir & Friends....

shriram said...

GM Master & JN Family,

Have a gr8 day!

Ilango said...

New Post Done.

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