NIFTY 50 future TRENDS-Part 2

Hi SevenStar,

Do you think we are retracing the same pattern as before in februrary and we can expect lower levels and may be even touch the lower lows made on 4nd March approx 5650?

Thanx..
 

SEVEN STAR

Well-Known Member
hi sevenstar,

do you think we are retracing the same pattern as before in februrary and we can expect lower levels and may be even touch the lower lows made on 4nd march approx 5650?

Thanx..
keep an eye on around 5800/5780 closing below be sure 5470 will be hit at much faster phase........5970 sl......even crosses this i do not see any strong rally....closing above 5970 may give some relief to bulls..
 

SEVEN STAR

Well-Known Member
seven star,

do you feel that we are heading towards 5400???
dear friend do u fallow my levels if so ..this question is irrelevant............look for closing below 5800/5780........it was very clear.............i will never speculate...i trade my levels..........
I confess i rarely use charts.......i have cleared earlier doubts that the levels given by me are based on fibo calculations the charts i post are..to give some visual confidence.........
 

SEVEN STAR

Well-Known Member
Sevenstar mate
Kindly can also educate us as how do you calculate such levels.is it via same fib calculator or fo you track something else as well.
I am posting a chart with all possible visual interpretation.........i want you to give your comment on it ..........please treat it as learning purpose may be helpful to others....

online photo storage
 

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