NIFTY 50 future TRENDS

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Taurus1

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What is so bad about Infosys results to hammer it down by 10%? :confused: :eek:
Bears taking a quick chance. :annoyed:
 

MurAtt

Well-Known Member
Exactly .. that what I said elsewhere too ... they have beat their own guidelines BUT not the CNBC/Mkt expectations .. adn couple that with a resignation and a lower (or is it conservative?) guidance for next year and u have a perfect recipe imo ....

:)
 

Taurus1

Well-Known Member
Doesn't seem to be result related, only an excuse for a fast shakeout of weak hands so that the big money can grab their shares at a discount. :gun2:
The anal-yst expectations are always wrong, anyway. :p
The big plus is that even with the Infy drop, the Nifty is down only 1.3%. :rofl:
 

sudoku1

Well-Known Member
Irelands credit rating was cut two levels by Moodys Investors Service to the lowest investment grade rating as the government struggles to plug the budget deficit and restore economic growth.
Moodys lowered the countrys rating to Baa3 from Baa1, leaving the countrys outlook on negative.
 
Sudoku,

I was reading elliott wave theory.

What i understood that what is happening now is 3 wave pattern. 2 wave already happened & now 3rd is going to start which is corrective trend.

Correct me if i am wrong.
 

sudoku1

Well-Known Member
Sudoku,

I was reading elliott wave theory.

What i understood that what is happening now is 3 wave pattern. 2 wave already happened & now 3rd is going to start which is corrective trend.

Correct me if i am wrong.
sory trade4...i m not familier wid eliot but yes my stratgy 2 agrees dat v r in unconfirmed lower top against nov high.it confirms wen sideways turns down.
 
I dont think 5500 is likely. The realistic picture is that nifty take support at 5750. The range for this month expiry could be 5700-5900. The reason is that all who had picked 6000 and long calls have to shed their money and all who had bought 5600 and 5500 Puts also shell out their money. He.. He...
 
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