NIFTY 50 future TRENDS-Part 2

Stock trendy

Well-Known Member
spot nifty to trade in between 5350-5450 till expiry
that is what i think n placed my trade
"To make consistent money trading a technical system or any set of technical
indicators, you need to understand exactly what they do, how they do it, and
most importantly, what they don't do. Not understanding the true underlying
nature of technical analysis will cause you to be susceptible to making any
number of typical trading errors "
 

SEVEN STAR

Well-Known Member
Caution nifty nearing trend reversal point..
Close below 5347 signals sell..
5300 spot may give sup.. Till expiry..
5367/5382 are res... To break for any up move..
Will be watching today's close...
 

SEVEN STAR

Well-Known Member
Caution nifty nearing trend reversal point..
Close below 5347 signals sell..
5300 spot may give sup.. Till expiry..
5367/5382 are res... To break for any up move..
Will be watching today's close...
Low at 5313 in line with my expectation selling at all higher levels is the trend
Till spot go above 5377.....below today's low 5313 support comes at 5290/5270
the time it breaks 5290 big unwinding of long positions can take it to 5255..
Trend is down
 

SEVEN STAR

Well-Known Member
i doubt any pull back soon...nifty heading towards.. 5270..5255
5318 spot is res..
Trend reversed at 5347.... I go wrong too...please do your study..
All most there at 5255 slip below this 5241 is sup.. finally 5180 could be the destiny to reach.. and to start Sep. series
Res. at 5275..hopefully 5255/5241 to hold today
 

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