Daily Tryst with Nifty

[MurAtt]

From last 20 mins nifty was not able to break 4538. its acting as a good resistance.

SM,LT,WOD,PT Sunil what do u think k what does the larger pic/TF telling??

There. It is always like that.
Bolne ki deri hoti hai aur mkt ulta dikha deti hai.

 

[lazytrader]

Breakout likely on upside target ~4570

 

[WOD]

From last 20 mins nifty was not able to break 4538. its acting as a good resistance.

SM,LT,WOD,PT Sunil what do u think k what does the larger pic/TF telling??

I would to bet on upmove..neverthless I am waiting for 4520 level to enter long......

 

[ag_fx]

I would to bet on upmove..neverthless I am waiting for 4520 level to enter long......

Mkt is 4545...u are waiting for 4520 to go long...wt makes u think it will come down before it goes up? I mean what basis are you doing this?

 

[praveen taneja]

From last 20 mins nifty was not able to break 4538. its acting as a good resistance.

SM,LT,WOD,PT Sunil what do u think k what does the larger pic/TF telling??

Pls dont add my name in these gr8 sequence but my TA says mkt is +ve so avoid short and go for buying at lower level instead of shorting at upper level all the best god bless u:thumb:

 

[WOD]

Mkt is 4545...u are waiting for 4520 to go long...wt makes u think it will come down before it goes up? I mean what basis are you doing this?

I am expecting market to touch 4520 (we are having 4540 from 4507; hence a bit of retracememnt is necessary; calculated based on fibonacci)......lets see........

 

[WOD]

I am expecting market to touch 4520 (we are having 4540 from 4507; hence a bit of retracememnt is necessary; calculated based on fibonacci)......lets see........

now after touching 4550, this retracement is around 4530.....

 

[WOD]

now after touching 4550, this retracement is around 4530.....

Also we can see those bars touching upper BB....

 

[lazytrader]

WOD, retracement already happened and went up besides one there is a breakout you can expect the retracement into the range and then upmove. Max u can expect is test of support (top of range).

 

[WOD]

Watch out for RSI touching 70 now !!!!