NIFTY 50 future TRENDS

[sudoku1]

Silver croses d HUNT BROTHERS high of 41.50 $ recorded in 1980

 

[krishere]

:thumb::thumb::thumb:

d iip DATA is just an xcuse....mkts will always take their course where d hav decided & not wat d news decides....in other words wat v hear 2day may already b priced in d trend.

now coming back 2 ur query....v r in a downtrend frm nov 2010 highs...d rapid fire rise which seemed as a come back for bulls was a mere pullback or a sideways mov which i hav been maintaining here.....downtrend will acelerate wen dis SIDEWAYS muv again turns DOWN....which of 2day eod has not changed.

 

[321Phani123]

Yes, sudoku I too was on the same view..... Nifty was in a dowtrend from oct..... i mean a short or intermediate term......The next support [major] would be at 5300 accordingly......... But not able to convince myself as many big ones [traders, investors] are bullish.....

 

[sudoku1]

Silver croses d HUNT BROTHERS high of 41.50 $ recorded in 1980

With everyone transfixed by the relentless move higher in silver, stories, myths and virtually anything is used a catalyst to explain any move lower in the precious metal. While earlier there already were two rumors that theCOMEX would imminentlyhike gold and silver margins again (so for untrue) what is true, and what many are attributing the move in silver to, is what according to some is an outsized option bet that SLV will drop 37% by July. Bloomberg reports : A traders almost $1 million bet that an exchange-traded fund tracking silver will plunge 37 percent by July was todays biggest single options trade on U.S. exchanges as futureson the metal reached a 31-year high. The 100,000 options to buy 100 shares each of the iShares Silver Trust (SLV) at $25 by July changed hands at the ask price of about 10 cents and exceeded the open interest of 6,054 outstanding contracts before today, indicating that a buyer of a new bearish position initiated the transaction.

 

[starzz]

Trading Derivatives with time and sales window

It "appears" that the price of a future or option is derived from the price of its underlying. In turn, price of the underlying is determined by supply demand conditions prevailing in it.

So, if we can understand supply/demand conditions of the underlying, we will be able to gauge future direction of the future or option.

Do we need anything more to understand FnO?

Do they have their own supply-demand game?

How can Time and Sales of FnO help if FnO is priced according to the respective underlying ONLY, and not because of its own supply-demand conditions?

 

[sudoku1]

US Congress must raise the USD 14.29 trillion US debt limit, or the maximum amount the Treasury is allowed to borrow, by May 16 or the US will default on interest payments of its debt. The move has become embroiled in fiercely partisan battles over the economy and spending.
Republicans who control the House of Representatives are demanding vast new spending cuts from US President Barack Obama above the USD 38 billion

 

[timepass]

Japan Ups the nuclear threat, and that's what is pulling the world indices down.

Japan ups nuke crisis severity to match Chernobyl
Japan nuclear agency upgrades nuclear crisis severity to on par with 1986 Chernobyl disaster

Yuri Kageyama and Ryan Nakashima, Associated Press, On Monday April 11, 2011, 10:41 pm EDT

TOKYO (AP) -- Japan's nuclear regulators raised the severity level of the crisis at a stricken nuclear plant Tuesday to rank it on par with the 1986 Chernobyl disaster.

An official with the Nuclear Safety Commission of Japan, speaking on national television, said the rating was being raised from 5 to 7 -- the highest level on the international scale.

The official, who was not named, said the amount of radiation leaking from the Fukushima Dai-ichi nuclear plant was around 10 percent of the Chernobyl accident.

The level 7 signifies a "major accident" with "wider consequences" than the previous level, according to the standards scale.

"We have upgraded the severity level to 7 as the impact of radiation leaks has been widespread from the air, vegetables, tap water and the ocean," said Minoru Oogoda of Japan's Nuclear and Industrial Safety Agency.

NISA officials said one of the factors behind the decision was that the total amount of radioactive particles released into the atmosphere since the incident had reached levels that apply to a Level 7 incident.
...........http://finance.yahoo.com/news/Japan...tml?x=0&sec=topStories&pos=main&asset=&ccode=

 

[pints_100]

Yes, sudoku I too was on the same view..... Nifty was in a dowtrend from oct..... i mean a short or intermediate term......The next support [major] would be at 5300 accordingly......... But not able to convince myself as many big ones [traders, investors] are bullish.....

HI, I am also thinking same.

 

[sudoku1]

This matter of tape reading is not so complicated as it appears. Of course you need experience. But it is even more important to keep certain fundamentals in mind. Toread the tape is not to have your fortune told. The tape does not tell you how much you will surely be worth next Thursday at 1:35 p.m. The object of reading the tape is to ascertain, first, how and, next, when to tradethat is, whether itis wiser to buy than to sell.

 

[sudoku1]

Following two consecutive commodity downgrades which killed crude and all commodities, which led many to wonder just how many pictures of Lloyd Blankfein at Scores does Bill Dudley have locked up in his office, the bank, whose primary M.O. is to push inflation, has just released one more deflationary report, this time cutting the last man,er doctor, standing: copper. From Goldman: We are pushing out our$11,000/mt target to 2Q2012 and lowering our2011 year-end copper price target to $9,800/mtfrom $11,000/mt. Accordingly, we recently closed our long December 2011 copper trade recommendation first opened on October 4, 2010 for a gain of$1,872/mt. We are also raising our 3-month forecast to $9,300/mt, and 6-month forecast to$9,600/mt. And with thiswe can now scratch Scores, and move on to The Bunny Ranch. Incidentally, this means gold and silver are next. You have been warned.