NIFTY 50 future TRENDS

[manoharpillai]

Actually, it seems that the support came at Sudoku's 5222 and the next resistance will be 5444

The level maintained till today...

 

[MurAtt]

Chk y'days and today's LOD. 5217. If it manages to hold that, a dbl bottom possible.

 

[IAtma]

Hmm.................

sallaa, 8 saal se kosish kar rahaa hun ,.....pattern dimaag me ghuste hee nahi....

but jinke dimaag me ghuse hue hai wo kyaa teer maar rahe hain......

main binaa pattern hi achchaa......:rofl::rofl:

 

[manoharpillai]

Chk y'days and today's LOD. 5217. If it manages to hold that, a dbl bottom possible.

Two consecutive day closing below 5240 is not a good sign...
will post weakly chart later that too would have broken rising TL .. according to me spot have to test minim 5170/5180 ... next weak's Pivot at 5264 and 1st intermediate support at 5227 where Nifty is closed ... conclusion Spot have to trade above today's close and pass through weekly Pivot 5264 for any hope for bulls to come back...

 

[manoharpillai]

From 4th June the up trend a rising wedge pattern ..slow zig-zag rise up to 5347..
A small falling flag formation Indicates sup at 5227/and 5170 Res.5240/5305
Monday Spot Nifty trades above 5227 we will not have any problem breaks and sustains below it would take it to my target 5170 coincidentally fill the gap at 5160..

Weekly Spot Nifty Levels

R3-5,527.00-midpoint-5,462--R2-5,397-midpoint-5,356-R1--5,316-midpoint-5,291
PP 5,267.00
midpoint 5,227-S1--5,186-midpoint-5,161-S2--5,137-midpoint-5,072-S3--5,007

Midpoints are Intermediate support and resistance Points

 

[rajasree1]

Manohar Sir,
My Mly setting of Ichi (5,20,40,20) shows this.
A confluence with my SR at 5217.
Is it reliable ?

Sir,
My settings for next Monday and expecting an up move,
Pl correct me if I am wrong.

Thanks.

 

[NANDAMAD]

What kind of a trader you are? Index/F&O/cash... positional ... Long term or Day trader..!!
For a Day trader it is so very important to have every relevant data's of EOD and be prepared for the next day trade with Live daily chart on a trading day is most appropriate.
Positional take 20 Day Moving average price as base (Have to calculate manually) or Trend reversal play your trade accordingly.(Off line traders)
Long term 70% fallow the Fundamental results, growth, EPS and Identify winning sectors according to related economy situation of our country Time frame minimum 1 to 2 years 30% create your own graph of Price moment Learn Points and Figure chart will help you identify approximately where the price is peeking out and bottoming out
When we where in Inter Net Yuga why to break our head ...

I salute you as a person. So helpful.--regards

 

[manoharpillai]

Rajasree1...

I am predicting a smaller W formation Ref. my Daily chart and Levels given there...

 

[kiranjakka]

2morrow fryday the 13th

i think she is waiting for next feb 13



HEY IT SEEMS IT WORKED ONCE AGAIN FRIDAY 13 RAMAKANTH GOOD FOLLOW UP

 

[manoharpillai]

Manohar Sir,
My Mly setting of Ichi (5,20,40,20) shows this.
A confluence with my SR at 5217.
Is it reliable ?

Sir,
My settings for next Monday and expecting an up move,
Pl correct me if I am wrong.

Thanks.

As per Dow as of now showing reversal ..
if it closes in big green our market too possibly open with gap... please remember till the result season this kind of move seen ... i mentioned only when we break today's close we will see further down move .. anything above 5305 nifty again revert to positive trajectory...
Said before Weekly chart broke TL ... finds sup. at around 5200 ..

LONG TERM TREND BREAK OUT ON WEEKLY CHART BASIS Watch out Weekly closing above 5400