NIFTY 50 future TRENDS-Part 2

[Bewinner]

I don't know who will validate this? I am not sure also this will happen or not? But I think 5300 is still a valid option sooner or later.

 

[SEVEN STAR]

Raghu....pls..post FIBO. levels every day..at 9.30 am..

 

[Raghuveer]

Fib levels based on April NF VWAP at 9:30am = 5707
Res: 5716 5730 5748 5767
Sup: 5698 5684 5666 5647

 

[detrich]

Bewinner it would be helpful if you provide the points from which you have plotted this channels. Historically 5400 and 5200 are important support marks with reference to bears. As per my charts markets are going to move sideways with downwards bias till the Q2 season ie. Sep. But I have a feeling that it will be happier diwali for Bulls this year. Please please do share the points so that even I can try to see something here.

 

[Bewinner]

Bewinner it would be helpful if you provide the points from which you have plotted this channels. Historically 5400 and 5200 are important support marks with reference to bears. As per my charts markets are going to move sideways with downwards bias till the Q2 season ie. Sep. But I have a feeling that it will be happier diwali for Bulls this year. Please please do share the points so that even I can try to see something here.

i have the data from 2005...that's why ur analysis and my analysis may not match....i think after analyzing my pic u would come up with something...

 

[SEVEN STAR]

Fib levels based on April NF VWAP at 9:30am = 5707
Res: 5716 5730 5748 5767
Sup: 5698 5684 5666 5647

DAY LOW..5666.....3RD SUP..:thumb:

 

[Raghuveer]

Fib levels based on April NF vwap at 9:30am = 5706
Res: 5715 5729 5747 5766
Sup: 5697 5683 5665 5646

Fib levels based on May NF vwap at 9:30am = 5719
Res: 5728 5742 5760 5779
Sup: 5710 5696 5678 5659

 

[SEVEN STAR]

I EXIT ALL LONG POSITIONS ..NEAR TO 5800...WILL WAIT FOR TOMORROW EOD..
FIBO..ARC CHART UPDATE REF..EARLIER ONE ALSO..

how to take a screen shot

 

[SEVEN STAR]

SPOT NIFTY 5800..........AT IMPORTANT LEVEL.....
CAT ON THE WALL..CAN JUMP EITHER SIDE..
WILL WAIT FOR MONDAY EOD.....BELOW 5730 BECOME WEAK..FINAL SUP..5670
WE ARE HEADING DOWN..ACCORDING TO MY CALCULATION..
5100 IS MY TARGET BELOW 5820 SPOT CLOSING..

 

[SEVEN STAR]

business line view..............

The Nifty reversed from the intra-week low of 5,681 to close 94 points higher. The movement of the index over the medium-term can be guided by these levels:

The Nifty has key short-term resistance at 5,862. Reversal below this level will mean that the index will withdraw to 5,408 or 5,170 in the coming months.

But a move above 5,862 will mean that the index will move on to 6,112 and then to 6,300 in the medium-term.

The movement of the Nifty next week will give us clues about its medium-term trajectory.

For the short-term, Nifty faces key resistance at 5,866. Traders can hold their long positions only as long as the index trades above 5,670. Decline below 5,600 will imply that the short-term trend has weakened again.