Daily Tryst with Nifty

[Sunil]

4530 is the pattern target of this sort of ASCENDING TRIANGLE
4495 + (4495-4460) = 4530

 

[Sunil]

acid test for 2652 method today, as target is yesterday's high 4570!!!
:-?

let's see

 

[MurAtt]

If we hit y'day HOD on NFut then Outside Day comes into play, bearish engulfng will be negated and we may see mucho more upside - right.
Then how does on calculate on the tgts of Outside Day?

 

[lazytrader]

If we hit y'day HOD on NFut then Outside Day comes into play, bearish engulfng will be negated and we may see mucho more upside - right.
Then how does on calculate on the tgts of Outside Day?

Don't know about all that but 15 pt prem on NF suggests that there is definitely mucho more upside

@humble
Shift of bias:

 

[humble]

@humble
Shift of bias:

LT, would appreciate a bit more explanation .

I have just started learning technicals [Reading Technical Analysis of Financial Market and quite liking the book].

Regards,
-Sri

 

[Sunil]

loggin out now for lunch & break
have to deal with crude oil post 5pm

 

[MurAtt]

Yes sirjee -- dekha tha aapko ek bahut puraane post me akele post karte hue --- running commentary crude ka.

Tabhi socha aajkal Sunil sir ka man kyu Nifty me itna nahi lag raha hai

 

[praveen taneja]

:rofl:
Yes bro I am positive on mkt and hope of 5000 break before Independence day
below 4000 I am negative above I am positive not doing any trade 50% of funds invested in Cairn and 50% for avging at 234 lets see
tgt still same 350 or 15th august
I from the core of my heart want mkt close above all resistence today bcoz today is really an auspicious day for all of us and India:thumb:
Today is Birthday of gr8 gr8 freedom fighter Chander Shekhar Azad
I Salute to him for all his efforts to make us & our family live in peace:thumb:

Thank you market for fulfilling my wish

 

[MurAtt]

LT Bhai -- Rounding top kind of formation --- Right?

Of course not much time left today -- but for understanding purpose ...

 

[praveen taneja]

Time for weaker hands to book profit in longs
A thought in my mind can mkt cross 5000 before expiry????