Insight into why the NIFTY is probably heading down

[SwingKing]

Yes, I too feel that we have seen a peak for the next 10 days or so. There may be a small 300 point NF correction after which it will go back up.

It's all relative Pasha. Yes the correction is due ... Thr's no doubt about tht... But when is it going to materialize is something no one knows. All I have done is spoken about probability. unlike some who speak about certainty.

Some people talk about showing weakness on charts. Well, I seriously doubt their skills if they can't see that. And charts is not the only thing in the world. Am sure such guys no nothing about fundamentals and economic system. Stress is there in the system as bunny rightly pointed out. And it is for the wise and experienced people to see. Tip seekers will always suffer. And I have seen many kids suffering in my career who think it is their opinion which runs the market.

Those with humbleness will always win (%wise). And those with "Self destructing" attitude will always suffer. It's only a matter of 'when'.

 

[aditya14]

I bet someone is short big time.Now u started off this thread with TA and starting now to talk about fundamentals....

Ok the earnings will start to pour in and that theory of fundamentals should be put to bed now.

Lets see...

 

[SwingKing]

I think the lot size was wrongly calculated.

 

[gunavadhi]

You are right Aditya. When it means 1.5 lakhs per nifty lot, how can it be small?

hi mayavi99 im thinking lot size of nifty is 50.when it was changed as 500?confused.

 

[pasha]

You are right Aditya. When it means 1.5 lakhs per nifty lot, how can it be small?

Yes, 15,000 is huge :annoyed:

hi mayavi99 im thinking lot size of nifty is 50.when it was changed as 500?confused.

Lot size is 50.

 

[BUMBLEE]

Hi,
This is kam from chennai,I woluld like to know the immediate target for nift
kam.

 

[BUMBLEE]

Hi,
I am a begineer in trading if anyone can advise me the basics I need to folllow

 

[vasa1]

With respect to the disagreements being voiced, it maybe worth recollecting some words attributed to Voltaire:
I disapprove of what you say, but I will defend to the death your right to say it.

 

[mayavi99]

hi mayavi99 im thinking lot size of nifty is 50.when it was changed as 500?confused.

Sorry Guna, i made that post in the middle of the night, when i was already half asleep:fatigue:

 

[adultvish]

lemme share my 2 cent on Nifty

It will be in uptrend till everyone start believing that it is in uptrend and not gonna get down.