Bulls, Bears & The Lion

findvikas

Well-Known Member
Nifty Expiry Above 4900-4950???

Below is the 120minute chart

Looks quite possible to me that Nifty expire above 4950 on Thursday and then the March series see a fall towards 4700 by 5th March

Nifty Future did made the 5th point today and stopped exactly at the line.. 5002 was day's high and see the chart above where it was supposed to stop.

Next is very much possibility to go down back to 4700 levels... I would miss this trade :-(
 

findvikas

Well-Known Member
DJI is going to make a final attempt to touch 10600+ levels tomorrow, I am expecting better than expectation number for NFP tomorrow.

If I were trading then I were short on Gold and Long on USD for tomorrow, Nifty should start weak tomorrow but ideally pickup by the end of the day and have a good show on Monday only to make a bull trap by tuesday / wednesday when DJI starts to correct for the larger wave down


 

findvikas

Well-Known Member
current wave in DJI, SPX and even in NASDAQ suggest atleast 5% cut from the highs.

DOW & JONES



Upside Target: 10635, Downside Target: 10040

S&P 500



Upside Target: 1138, Downside Target: 1075

NASDAQ



Upside Target: 2318 , Downside Target: 2200
 

scplindia

Well-Known Member
are you predicting the US market to surge and scale to its peaks today.

which site do you look for US futures. Yahoo has not been updating the last few days.
 

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