NIFTY 50 future TRENDS-Part 2

[del_66]

Will this be a day where Nifty will rise whole day??

 

[del_66]

Retracement value of Nifty's lifetime high of 6338 in Nov 2010 to Low of 4531in Dec 2011...

62%-5647
50%-5434
38%-5217

 

[timepass]

Will this be a day where Nifty will rise whole day??

Doesn't look like that to me. It probably will dip before Europe opens and towards the last hour.

 

[Stock trendy]

I doubt 5400 will be crossed in a hurry..

 

[del_66]

I doubt 5400 will be crossed in a hurry..

Options data looking good for bulls..

 

[Stock trendy]

5399 is Final 78.6%..retracement level from the high of 5630 to Low of 4530 let us wait and see if it is crossed will have strong rally on hand..
I will book some profit around this level
re-enter only nifty sustains above 5415..

 

[Stock trendy]

Today Bought 5400 ce at 47.7and sold 80 % at 59...

 

[MurAtt]

5443 is 78.6%..retracement level from the high of 5626.58 to Low of 4772 - so expect 5443 now. All these are spot levels.

@Stock Trendy - The low of 4530 was made before the high of 5630 (5626.58) - how can u measure the upmove in this manner ? It should have been and was : The downmove of 4765 is total 78.6% retracement of the total upmove from 4530-5630.

Right bro ?

 

[timepass]

Govt auditor's report on coal allocation to be tabled in Parliament today, Govt armed with defence

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[del_66]

"If you don't follow the stock market, you are missing some amazing drama." - Mark Cuban.

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