NIFTY 50 future TRENDS-Part 2

[acetraderon]

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

really good and helpfull thread great work sir :clapping::clapping::clapping:

 

[rajasree1]

Weekly closing at 5922 lvl !!!

 

[trdstudent]

Weekly closing at 5922 lvl !!!

or may be 5919 .....

as per fibo from 15th jan'13 to 14th feb'13 timeframe -0.38% stands 5845 and -0.50 % stands 5822 . Interestingly if u consider Mrch'12 to feb '13 timeframe the 20% retrsment stands 5844

...and am talking spot levels

 

[SEVEN STAR]

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

yes big move around 21st/22nd feb..direction not known..

 

[SEVEN STAR]

FALLOW UP OF FIBO..ARC CHART........REF..EARLIER CHART..
TOOK SUPPORT AT..38.2%......BREAK OF FRIDAY'S LOW WILL LEAD TO FURTHER BIG FALL..

photo sharing sites

 

[prabhsingh]

SevenStar,

Are you aware of any AFL which plots Fib Arc and Retrace levels so that trading decision can be taken accordingly.

 

[SEVEN STAR]

Prabhsingh.....
I don't have Amibroker software...unaware about afl..........sorry

 

[SEVEN STAR]

I searched in google for afl fibo arc i got this link try and let me know is this useful to you
http://www.amibroker.com/library/detail.php?id=1371

 

[rajasree1]

Nifty spot lvls:

Statutory Warning : Do not try to predict Nifty, it is injurious to mind.

 

[Raghuveer]

NF Fib levels for Monday (Friday close=5893):

Res: 5902 5916 5934 5953
Sup: 5884 5870 5852 5833