NIFTY 50 future TRENDS-Part 2

Raghuveer

Well-Known Member
NF Fib levels for Thursday Feb 14 using Wednesday closing price of 5937:

Res: 5946 5960 5978 5997
Sup: 5928 5914 5896 5877
 

SEVEN STAR

Well-Known Member
HI RAJASHREE1......
I REQUEST YOU TO FIRST LOOK AT MONTHLY..WEEKLY CHARTS WITH DIFFERENT TECHNICAL PARAMETERS .. Bollinger Bands.....SAR.........PIVOT......EMA........ECT...
THAT IS THE MAIN BASE STUDY........THEN FRAGMENT IT IN TO DAILY HOURLY CHART WILL GET GOOD AND CLEAR VIEW ABOUT THE TREND BY DOING THIS YOU MAY NEVER GET CONFUSED ...AS TA ONE HAVE TO GET MOST CLOSER PROBABILITY.....THAT IS THE KEY TO PREDICT THE MARKET IN BETTER WAY..
THERE IS NOTHING 100% SURE..IN ANY BEST OF TA.......
 

Raghuveer

Well-Known Member
NF Fib levels for Friday Feb 15 using Thursday closing price of 5900:

Res: 5909 5923 5941 5960
Sup: 5891 5877 5859 5840
 

SEVEN STAR

Well-Known Member
why 5820 spot is crucial level..
On weekly chart that was big resistance before breakout sep.2012..now this level should act as support..will watch weekly close..that is tomorrow (friday)..OR ANY DAY..OF CLOSING

MAKE SURE TREND IS CLEARLY WEAK......TILL SPOT CLOSE ABOVE 5960.
TRADERS CAN EXPECT EXTREME...HIGH LOW BEFORE MARCH 31...
5400........TO ........6400
 

Attachments

Dear friends i gave fibo retracement levels.........
now you can learn Fibo.Time zone levels take from 8 and look at this chart how the trend changes as per the time zone...according to this chart 66 candles are completed 23 more to go for trend reversal pls. note this chart makes 2 candle a day..accordingly 12 more trading days to go for main trend reversal that is aprox. 21st of feb.. trend can be up or down..
..till that time nifty may be in consolidation.. blue and red lines are good support levels....and res..what high it made earlier..
If you have charting tool with fibo time zone it can work even in intra day..
formula is same 8..13...21.. what it is ...Mathematical calculation....
fibo ..1+1=2....2+1=3....2+3=5.....3+5=8......8+5=13......21...34..55..89.and it goes on......
LEARN FROM BELOW
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:fibonacci_time_zones

SIR is this still on ???
21st feb >>>>
 

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