NIFTY 50 future TRENDS-Part 2

trdstudent

Well-Known Member
nf..any close below 6040 signals short term trend turn to weak...hold shorts with sl..6084
Hi , thnx for ur advice .... holding shorts since tuesday at 6150(feb future) with a trgt at 5990 (spot) . Exite as trgt achved . Do u think any further down from here is on the card ? Am not saying any long entry right now .... but entering new short at this level ..... :confused: wht's ur thought ?
 

SEVEN STAR

Well-Known Member
Hi , thnx for ur advice .... holding shorts since tuesday at 6150(feb future) with a trgt at 5990 (spot) . Exite as trgt achved . Do u think any further down from here is on the card ? Am not saying any long entry right now .... but entering new short at this level ..... :confused: wht's ur thought ?
As per the close Tug of war going on between bulls and bears at 6040 hence i am neutral..let us see on Monday......6080 and 6040 NF closing will decide the momentum........trading index is almost unprofitable to retail short term trades past few months.... Nf.Day traders..woooooooof it's out of my reach as TA......
 

SEVEN STAR

Well-Known Member
Ratio Price..as per close on Friday..
6206
6146
6108..2.618+
6094
6092
6089..1.800+
6071
6065
6062
6060
6059
6057
6054
6048
6042
6039
6037
6036
6034
6031
6025
6007..1.800-
6004
6002
5988..2.618-
5950
5890
pls calculate on closing price with setting default value of adding 23 as high price..for exp.. close price 6048+23=6071..high...low 6048
Fibonacci Calculator for Day Trading and Investors..
kindly calculate by yourself ..-1.800 and -2.618 are the main support ..and res..+1.800 and +2.618..at high..
i wish you all the best..thank you..link given below

http://www.mypivots.com/investment-calculators/fibonacci-calculator
 

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