NIFTY 50 future TRENDS-Part 2

[SEVEN STAR]

how much further low is possible, which period wil be good for long positions, march or april

NF..Trades below 5856..expect lower targets ..5832...5790
Broken...38.2 level..heading towards 50% retracement..

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[rajasree1]

In my previous post no 649 I was trying to predict the movement of a "goods train" and recapitulate the words of 4XPIPCOUNTER Sir. I was wrong and till now some "WH" questions are disturbing me.
I am missing 4XPIPCOUNTER Sir and Manohar Sir.
Thanks and Happy trading to all.
My lvls.

 

[Raghuveer]

NF Fib levels for 22 Fri (Thu close=5853):

Res: 5862 5876 5894 5913
Sup: 5844 5830 5812 5793

 

[SEVEN STAR]

FIBO UP TREND CHANNEL.. 0..LEVEL BROKEN ON 4TH FEB..THAT MADE ME TO DRAW REVERSAL DOWN WORD CHANNEL..(POSTED EARLIER ALSO)..TAKING SUP AT DOUBLE BOTTOM TL..UNLESS NF CLEARS 5940 THE TREND IS DOWN ..
NF..SUP..5840..5810.5770..5740....

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[SEVEN STAR]

SPOT NIFTY WEEKLY CHAR BROKEN LONG TERM TL..TRADING BELOW IT..RES. AROUND 5980..23.6% AT 5790...MOST OF EARLIER RETRACEMENTS HAVE TESTED 23.6 AND PROTECTED THROUGH THIS BULL RUN FROM..4770....SO IT IS VERY IMPORTANT 5790 LEVEL TO HOLD ON WEEKLY CLOSING..

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[SEVEN STAR]

Weekly high 5974..low..5825 ........
Fibo levels for next week
http://www.mypivots.com/investment-calculators/fibonacci-calculator
click link and go for calculate to get the levels.........

 

[Raghuveer]

NF Fib levels for Monday are a same as Friday (Fri close=5854):

Res: 5863 5877 5895 5914
Sup: 5845 5831 5813 5794

 

[SEVEN STAR]

we are at no trade zone..till..spot nifty..5820..5880 levels on closing

 

[Raghuveer]

NF Fib levels for Tue (Mon closing=5858):
Res: 5867 5881 5899 5918
Sup: 5849 5835 5817 5798

 

[bigbullinside]

we are at no trade zone..till..spot nifty..5820..5880 levels on closing

Looks like Nifty Index is going to close below 5820.
And maybe also below 5800 (the Head & Shoulders neckline).
How much downside on a positional basis do you expect till March Expiry, if the index closes below 5800.
Or should we wait till the budget day close, to get a more accurate picture.