NIFTY 50 future TRENDS

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prada

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Shanghai Composite (CMP 2128) - This seems to be in its final phases of its eternal downtrend. Its pain should get over close to 1920-1850 odd levels. Possible pattern of broad movement from current levels is 2074 - 2170 - 1920(minimum).
 

4209211

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I am here with my lvls and startergies
 

prada

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5170 was taken out and we saw a decent rally thereafter. However, caution is warranted here on, as the upside seems to be limited. Nifty premium has dropped considerably from 40 points to 15 points which clearly confirms the bearish stance. 5230 seems to be the top at the moment and anything over and above could be used as a good shorting opportunity. Global rally will fizzle out in a few days time and our market should start drifting lower once again.
 
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