NIFTY 50 future TRENDS-Part 2

[Rish]

As such nifty is in sell and buy mode. Spot closes below 5679, further weak.

 

[SEVEN STAR]

The trend either side are in very low volume for a week or so... the narrow range is very much stretched something likely to come up soon. I am unable to predict which side the swing is going to be but one thing is for sure its going to be pretty BIG.
Nifty range 5500 to 5800 ..just 300 points range in 3 months i.e 6%
Traders need to have proper Stop losses in every trade

 

[SEVEN STAR]

Nifty Future Gann levels for 12/11/2012

Buy at/above 5738.06 Targets: 5754.14 5773.11 5792.12
Stoploss: 5719.14
Sell at/below: 5719.14 Targets: 5703.10 5684.23 5665.39
Stoploss: 5738.06

 

[Tracey509]

Sideways market is one in which bulls and bears both feel that they have a great trade on hand......

 

[SEVEN STAR]

Nifty Future Gann levels for 13/11/2012


Buy at/above 5719.14 Targets: 5735.19 5754.14
Stoploss: 5700.25
Sell at/below: 5700.25 Targets: 5684.23 5665.39
Stoploss: 5719.14

I Wish all TJ friends a Very happy Diwali

 

[Rish]

"HAPPY DIWALI" TO ALL TRADERJI MEMBERS. LET US PRAY GOD TO GIVE GOOD HEALTH AND WEALTH TO ALL. Wishes from Nirahjan and Family.

Nirahjan

 

[SEVEN STAR]

Nifty Future Gann levels for 15/11/2012

Buy at/above 5681.39 Targets: 5697.40 5716.28 5735.19
Stoploss: 5662.56

Sell at/below: 5662.56 Targets: 5646.59 5627.81 5609.07
Stoploss: 5681.39

 

[dineshN]

@sevenstar

In one of the thread here, it was mentioned that Gann levels should be calculated by looking at VWAP at 09.30 in the morning(after first 15min). You give levels before market! Can you please share your views on this?

 

[SEVEN STAR]

It can be Previous day's close avg. price at 9.30 or cmp.. but at the end it's calculation based on input wont be much of any Different.
I short at 5657 with Sl of nearest Level that is 5663. 6 .points risk.

 

[SEVEN STAR]

It can be Previous day's close avg. price at 9.30 or cmp.. but at the end it's calculation based on input wont be much of any Different.
I short at 5657 with Sl of nearest Level that is 5663. 6 .points risk.

Booked at 5632 though next sup. at 5627.. 25 points from short position.