NIFTY 50 future TRENDS

[Rish]

Nifty "SELL MODE" (VIX also confirmed the downtrend)

S/l 5321 closing Basis

Target 5177 / 4990

Script Short Candidate : ICICI Bank

http://i.imgur.com/RDCrs.png?1

 

[timepass]

Nifty "SELL MODE" (VIX also confirmed the downtrend)

S/l 5321 closing Basis

Target 5177 / 4990

Script Short Candidate : ICICI Bank

http://i.imgur.com/RDCrs.png?1

Hello Nirahjan, what are those moving averages in your nifty hourly chart ??

 

[Rish]

Hello Nirahjan, what are those moving averages in your nifty hourly chart ??

TP


Plot(EMA(O,20), "",colorTan , styleLine|styleThick );
Plot(EMA(Avg,10), "",colorCustom16 , styleLine|styleThick );


Niranjan

 

[prada]

Statement quoted below stands invalid. Nifty's 2012 high of 5629.9 will remain so for quite some time. After hours of chart study, in my opinion, we are getting into a period of massive correction. Recent high made was slightly above 61.8% retracement i.e. 5629.95-4770.35. This conforms to EWP and completes C2 and we are on course for C3 wave which could be quite brutal. This gives a minimum target of 4350-4000. Again, in my opinion there is a good probability of this happening. This co-relates with the S&P 500 which has also just begun the C3 wave projecting a minimum target of 1130. To summarize , equity markets world wide could see a correction of 18-23 % in the months ahead. It would be most prudent to stay short in this market.

In my opinion nifty should soon retest 5050 levels and may be even test 5000. This will provide a very good entry opportunity for a strong rally thereafter to test 5550-5600. There is no point in going long at this point of time. If possible use rallies to short.

 

[manoharpillai]

MONTHLY 3 YEARS CHART WHAT TO WATCH OUT...

FALLING WEDGE BULLISH BREAK OUT ABOVE 5400
TL SUP. AT 4990 AND 4700

NEVER CLOSED BELOW 4600

FROM AUG. 2011 NEVER CLOSED ABOVE 5400
BREAK OUT ABOVE TARGET 5500/5780

CLOSE BELOW 4700/4600 POSSIBLE LOWER TARGET 4100
ALL LEVELS ARE MONTHLY CLOSING BASIS

 

[Rish]

FII inflow into stock markets crosses $10 bn mark

http://www.hindustantimes.com/busin...rkets-crosses-10-bn-mark/Article1-893645.aspx

This seems really good news. And aligns well to the fact that most people are bearish on india right now. Just take the example of this thread itself

My view on This :

We have only data, but, we don't know the pattern of investments how they made and what logic ! ! ! ! ! !

My experience in last 15 years are as follows -

Don't give much importance to FII datas and other datas
Don't try to predict the big levels i.e.4200 or 6000
If you try to do above 2 things, you will never trade always do analsys.

We are here to make money and not to analysis.

So, decide the trend now and take trade.

This is my view, don't take it in otherway.

Thanks
Nirahjan

 

[prada]

Another possible deterrent for emerging markets. Brent crude after having completed a full cycle which started in Dec 2008 and ended in June-2012 ,has now started a fresh uptrend. Expected target in the near term - 140 $.

 

[saddaum]

yeh india hai yahan jo dikhtha hai wo hota nahi aur jo hotha hai wo diktha bahi
so don t follow anyone
believe in ur analysis

 

[rajasree1]

For next day -
My expectation for movement along red dotted lines is less.
Expecting an opening at 5190 lvl spot. If lower then 5168,5160
I may be wrong.Pl correct me if I am wrong.

 

[sudoku1]

Another possible deterrent for emerging markets. Brent crude after having completed a full cycle which started in Dec 2008 and ended in June-2012 ,has now started a fresh uptrend. Expected target in the near term - 140 $.

corelation :nifty folows crude