NIFTY 50 future TRENDS

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sudoku1

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BREAKING FLASH !
Acording 2 a leaked copy of the World Economic Outlook report coming out shortly:
*.US GDP growth has been cut to 2.8% from 3.0% in 2011; while 2012(which will be cut at a later date) was raised to 2.9% from 2.7%.
*.Japan 2011 GDP cut to 1.4% from 1.6%, 2012 to2.1% from 1.8% (same as above)
*.Euro zone 2011 GDP raised to 1.6% from 1.5% in 2011; 2012 raised to 1.8% from 1.7% good luck with this one.
*.China 2011 GDP remains at 9.6%, slowingto 9.5% in 2012
 

sudoku1

Well-Known Member
Thanks. :thumb:

If you can update here so we can take decision accordingly. :)

What about ADAG stocks, scam report (bank, reality, telecom), any update ?
i wil request evry 1 to take informed decision & not fuly rely on news, rumours,outlok,etc. rgrding d scam...its awaited...may b out soon.
 
i wil request evry 1 to take informed decision & not fuly rely on news, rumours,outlok,etc. rgrding d scam...its awaited...may b out soon.
Three Executives of Rcom and top executive of Unitech may be charge sheeted by 2nd however Anil Ambani is not in Ist list.
Govt has instructed Media to observe restrain and not to highlight Scam Related news during trading Hours.
I am observing that even if some thing occurs it is reported for a fraction of seconds and then highlighted after market closes.
Extension sought by CBI to file charge sheet on 2nd(Saturday) instead of 31st which is Expiry day can be seen same context.
You can call it Govt is trying to do Damage Control.
 
If you look at weekly / monthly / quarterly graph you will find scientific base for the target. It's not proper to use such words. Any successful trader will always refrain himself from blaming others.


It's not whether you win or lose, it's how you place the blame.

Oscar Wilde


Comment from the Sudoku's post:

"Shifting the blame is a basic way we defend our ego every single day of the week - yet in the market this practice is absolutely unsupported by price action."

"The fruits of UR success will be in direct ratio 2 the honesty and sincerity of ur own effort in keeping your own records..... doing your own thinking.....and reaching your own conclusions........"
I was just waiting for the dust to settle before replying.:) If there is a scientific basic for market to go to 5333 why is it shooting beyond 5750. The reason is very clear : The original premise of a bearish 5333 is erroneous and the fact that there is a bullish upswing. Maybe I was a bit harsh.. but I still stick to my position of being misled. Everyone makes mistakes. But when a person gives wrong directions he must be gracious enough to accept his mistakes and not try to cover it up by giving moving targets every day. How will this instill confidence in anyone following this thread and what about the person who believed in the original bearish 5333 and shorted aggressively.

"Ego"' is when a person refuses to accepts his mistakes, subtly covers it up and cannot accept criticism. This forum is not only to give Kudos for a person. People should be open-minded to accept brick-bats when they screw it up. And in my opinion it has been really screwed bad!!!!
:(
 
I was just waiting for the dust to settle before replying.:) If there is a scientific basic for market to go to 5333 why is it shooting beyond 5750. The reason is very clear : The original premise of a bearish 5333 is erroneous and the fact that there is a bullish upswing. Maybe I was a bit harsh.. but I still stick to my position of being misled. Everyone makes mistakes. But when a person gives wrong directions he must be gracious enough to accept his mistakes and not try to cover it up by giving moving targets every day. How will this instill confidence in anyone following this thread and what about the person who believed in the original bearish 5333 and shorted aggressively.

"Ego"' is when a person refuses to accepts his mistakes, subtly covers it up and cannot accept criticism. This forum is not only to give Kudos for a person. People should be open-minded to accept brick-bats when they screw it up. And in my opinion it has been really screwed bad!!!!
:(
Science in the market :rofl::rofl:

That;s a new one on me...:clapping:
 

MaxX

Well-Known Member
I have been following this thread since some time.. from what I have seen sudoku basically follows a trend following system which is very slow at identifying reversals.. and as we still in an overall range on the monthly charts, it keeps generating wrong signals. What has worked well for me in the past year is just buying, selling monthly supports/resistances, and going with the direction of any break of the same.

I think it is not correct to blame sudoku for others taking trades and making losses though.. everyone should do their own research before trading!
 
Ok.. so I am buying nifty with a target of 6666 by Dec'11. If it does not come, I'll hold Praveen.Taneja responsible and ask him to compensate, right Sramu1 ??

Sudoku does his own calculations and reports his findings. He is superconfident of his calculations .. so what's wrong with that? One can't conclude that he intends to deliberately mislead everyone. I don't think that the trades taken by the members of TJ will affect the indices in a major way.
 

vinst

Well-Known Member
I was just waiting for the dust to settle before replying.:) If there is a scientific basic for market to go to 5333 why is it shooting beyond 5750. The reason is very clear : The original premise of a bearish 5333 is erroneous and the fact that there is a bullish upswing. Maybe I was a bit harsh.. but I still stick to my position of being misled. Everyone makes mistakes. But when a person gives wrong directions he must be gracious enough to accept his mistakes and not try to cover it up by giving moving targets every day. How will this instill confidence in anyone following this thread and what about the person who believed in the original bearish 5333 and shorted aggressively.

"Ego"' is when a person refuses to accepts his mistakes, subtly covers it up and cannot accept criticism. This forum is not only to give Kudos for a person. People should be open-minded to accept brick-bats when they screw it up. And in my opinion it has been really screwed bad!!!!
:(
sramu,
science never claims anything rigidly. all scientific assertions are subject to data and events evolving on the way. therefore, conclusions would also change on the way.
Science is an art of observation through which rules may be born.
rules are applied within their conditions.
conditions are determined by nature and not by science.
 
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