NIFTY 50 future TRENDS

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gauharjk

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We are back to expiry week again... So... any predictions on expiry closing?

Nifty 5600 has been broken... a clean breakout... unless something terrible happens... Nifty is going up. If it closes above 5690, then short covering would be absolutely massive... Lets watch that level for now...

Cheers!
 
Two days of gap up huge run-up over bought conditions some technicals points are showing negative divergence Nifty may pull back at least 80---100 points before resume its up word journey yet 5805 could be mighty task for Nifty to cross. On 3rd Jan 2011 Nifty made high of 6180 and 11th feb. 2011 low of 5180 exactly 1000 points down i think this time around by mid Apl.2011 we may see Nifty peeking out at 5805 preparing base for a slide up to 4805. This is just my personal though not final conclusion.
 

starscream

Well-Known Member
Two days of gap up huge run-up over bought conditions some technicals points are showing negative divergence Nifty may pull back at least 80---100 points before resume its up word journey yet 5805 could be mighty task for Nifty to cross. On 3rd Jan 2011 Nifty made high of 6180 and 11th feb. 2011 low of 5180 exactly 1000 points down i think this time around by mid Apl.2011 we may see Nifty peeking out at 5805 preparing base for a slide up to 4805. This is just my personal though not final conclusion.
nifty may not see such level. unless there is an act of god or a war.
 

4209211

Well-Known Member
Guys a sell is being generated at 5764-60 lvls according to me
We can shot sell nifty fut March at 5768-5764 with a sl of 5780 a very small risk but high reward With expected tgt of 5722-5704
watch 5700 if breaks then as per mr.sastry 5675-40 within intraday
Please keep strict stoploss
 
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