NIFTY 50 future TRENDS-Part 2

[SEVEN STAR]

nf res..6012....6030..6044..
Sup..5975..5952..

 

[bigbullinside]

Any thoughts on new positions to be taken for tomorrow for Nifty.

 

[SEVEN STAR]

Any thoughts on new positions to be taken for tomorrow for Nifty.

TODAY'S NF LOW 5983..N THAT IS GOOD SUPPORT LEVEL..HOLDS CAN SEE SOME FRESH MOVE TOWARDS NEW HIGH..
BREAK DOWN TARGETS 5930..5900..5870
CAT ON A WALL...

LOOK AT TODAY'S CHART....TOOK SUPPORT AT THE FINAL TL..

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[mattvc]

what about today11-1-2013. i have 6000ce of this month, 6 lots @ avg of Rs 82 should i hold or sell in morning itself?

 

[SEVEN STAR]

nf intra day res...6020..6038..6057
sup..5983...5965..5951
watch..5983..support......(intra day)
cover all shorts above........6057
wait and see sustainability above 6057 level..
Watch volume on break out...or break down.....
expect market to move in a range till rbi policy..

 

[SEVEN STAR]

NIFTY FUT.REVERSING FROM THE TOP OF..6059
NOW WE DRAW REVERSING FIBO CHANNEL
PLEASE COMPARE RISING CHANNEL POSTED BEFORE WITH PRESENT ONE..
NIFTY FUT..6035/6040 LOOKS LIKE STRONG RES.. UNLESS THIS LEVEL IS CROSSED...NF..HEADING TOWARDS 5950..5930
WATCHING 5980 SUPPORT..TODAY

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[SEVEN STAR]

nf intra day res...6020..6038..6057
sup..5983...5965..5951
watch..5983..support......(intra day)
cover all shorts above........6057
wait and see sustainability above 6057 level..
Watch volume on break out...or break down.....
expect market to move in a range till rbi policy..

nf...today's high..2nd res..at 6038.........
Hit 1st sup......5983.....

 

[a1b1trader]

The following is chart of NS 1H TF
Nifty is moving in a downward channel
Will there be a breakdown or a breakout of this channel on 14.1.13

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[a1b1trader]

a1b1trader......please check channel line ...has to be supporting either bottom or tops....

for example ..

@Seven Star
I hope that the chart that I have posted above is OK
My that chart was not a 1-2 months chart, it was over 6 months chart
Will like to know which line of the channel, as per you, was wrong
Can you post a similar 6 months+ chart with similar channel lines for more clarification.

Though I have found that your own charts do not follow your own rules.

PS - BTW, if you think the contents you wrote in post 376 were right, then why you deleted that post.

 

[SEVEN STAR]

Today's NF position
Just sandwiched between two trendlines




a1b1trader......please check channel line ...has to be supporting either bottom or tops....

for example ..

Dear a1b1trader..i requested you to check the channel line either it has to support bottom or the top...
the language i used was with proper mannerisms
...hope you will express your views in better dignified way


6 months chart fibo rising channel

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