NIFTY 50 future TRENDS-Part 2

SEVEN STAR

Well-Known Member
Never thought of it would happen today...
Market is always unpredictable and irrational ..what best we can do is to understand the probabilities..and trade accordingly ..5750 is res..
when it fails to move above it we have to expect reversal ..that is what
happened today........
again it closed at the support level..still chances of bounce back..
res..at 5705......
 

Raghuveer

Well-Known Member
April NF fib levels for Thu (Wed close=5688):
Res: 5697 5711 5729 5748
Sup: 5679 5665 5647 5628
 

Raghuveer

Well-Known Member
DEAR FRIENDS EVERY MONTH AT THE START OF SERIES TAKE FIRST 3 DAYS OF HIGH LOW..(HIGH..5808..LOW 5678) AND CALCULATE FOR FIBO LEVELS THIS COULD GIVE YOU POSITIONAL RES..SUP..LEVELS......HERE BELOW THE LICK CLICK FOR LEVELS.......
SUSTAINS AND CLOSE ABOVE 5808 NEXT IS 5860..5912..(5860..IS INTERMEDIATE RES.)
ALL NIFTY FU. LEVELS

http://www.mypivots.com/investment-calculators/fibonacci-calculator
@Seven Star: Please confirm if the below is correct. Thanks.

First 3 days of April NF (from NSE web site):


High of first 3 days=5773
Low of first 3 days=5666

Positional S/R levels for APRIL NF:
RESISTANCE: 5707 5773 5859 5946
SUPPORT: 5625 5559 5473 5386


Please use these levels only after confirmation from Seven Star.
 

SEVEN STAR

Well-Known Member
0.618..1.800...2.618..( + and - )are main positional levels..beyond 2.618 we have re calculate..till that time this levels will be respected....
5732..and 5600 are First res..and sup..let us see..
Always these levels have to be on closing basis
 

Raghuveer

Well-Known Member
Today's NF open=5658. due to gap of more than 20 new fib levels for today:
Res: 5667 5681 5699 5718
Sup: 5649 5635 5617 5598

April NF fib levels for Thu (Wed close=5688):
Res: 5697 5711 5729 5748
Sup: 5679 5665 5647 5628
 
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