NIFTY 50 future TRENDS

[prada]

TTK Prestige cmp 3515- A very good sell candidate. A reasonable target to expect would be 2800.

 

[prada]

Nifty Spot to watch out for 5080. Close below this sets up an immediate target of of 4970. If one is sitting on shorts , just hold on to it tightly, If not start accumulating shorts in Aug contract. Correction is in early stages.

 

[rajasree1]

future lvls of mine.

 

[manoharpillai]

many attempt on higher side failed particularly closing above 5230/5250 levels support around 5180/5130 is the down target.
Monday spot fail to move above 5240 and breaks 5180. Can see selling pressure

5130 spot achieved if fail to hold this and close BELOW then nifty head to 5050 which is critical support level ..

 

[IAtma]

saari ki saari bottoms ki baat lag gayee naa......:rofl::rofl:

achchaa hai jo mujhe samajh hi nahi aataa....

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:

 

[sudoku1]

NF trend up

range > 5111/5333

mkt standing at very imp suport 2day...

 

[IAtma]

Prabhoo, 5111 hit hogayaa (atleast at spot)

ab short jaane ko nahi kahoge......:rofl::rofl:

NF trend up

range > 5111/5333

mkt standing at very imp suport 2day...

sudoku bhai ab long keh rahe he ?
yaar kabse aap down me bethe the

 

[timepass]

corelation :nifty folows crude

I used to think so. But Crude's uptrend in last few days hasn't reflected in Nifty. It seems that crude goes up during the american session and stays flat to negative during the other hours.

Now it goes DOWN with crude

 

[saddaum]

European markets down 2.5%
something worse is happening

 

[prada]

Here we go!

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.