NIFTY 50 future TRENDS

[4xpipcounter]

Rahul, I have no idea why you are so ugly and treat the people in this forum the way you do. You just keep talking and you expose yourself for the ugly, immature individual you really are.

First, you want to accuse Tradetogain of not having any winning years when you do not know him. I know for a fact you do not.

It is also very clear you do not know what you are talking about when you want to attack me and my analysis. It is also a fact you do not know me. It is a fact I did not come here for applause, even though there are some that appreciate what I do.

Cartoonish analysis? Hmm. How about this one on Nifty, which was the last official one I did that covered the week, "This market is going to run into a major roadblock this week at the bottom of the 4-hour cloud at 5173. That looks rock solid. Initially, I would also watch for a reaction at the WR1 at 5098."
First, did you see the "reaction". A spike started the day that took it out convincingly.
Second, why don't you watch what happens when this market gets to 5173?
Third, maybe you did not bother reading my Weekly Forecasts
You said we are hurting badly? The market has been following Sudoku's projection's pretty closely. After all 4666, here we come.
Mano's level was broken and the market is headed to his 5170 level.
Many other contributors of this thread are doing fine.

I guess I'll rest my case. I just rubbed your nose in your idiocies.

Sometimes, posts like yours needs to be deleted. I see no way how the outstanding standards of this forum were compromised for exposing you as the fraud and the highly bitter individual you are. Don't even respond to that. You don't have a leg to stand and you are are to look more inept that you already made yourself look in trying to degrade the excellent people in this forum and trying to defend yourself.

As far as the respected readers of this thread are concerned, I did not mean to gloat or be conceited. I had to bring it up in order to make a point with this guy.

HAHAHAHA, i know(i read ur prev posts) u guys r hurt badly over not only last few days but almost always, so no problem :clapping: . There is only place where i can prove u who is daddy and that is mkt.

@4xpipcounter dont think u r hero when some jokers r applauding u. And which wrong predictions r u talking abt? Well i dont need any record. Best of luck with ur cartoonish analysis :rofl:

@tradetolose : HI tradetolose , yes i m leaving the forum for good, but seeing ur posts i have noticed that u have been made to trade to lose. Yes u r just too ordinary , better dont waste ur money else u will be garbage after 10 more years. If after 10 years u come up with even 1 winning year of as low as 10% gain, give some article in english national daily with RAHUL I NEED UR HELP :sos: as heading, and i will pay up for ur lost amt and time, but with one more thing : A tight slap on ur face :gun2: for learning things so late...

 

[tradetogain]

paul,
please dont waste your precious time answering such filthy posts.nobody gets anything out of reading/replying to such posts.
we have better things to do.
i am sure you will agree with me on this.
in public forums words are the index of the mind

Rahul, I have no idea why you are so ugly and treat the people in this forum the way you do. You just keep talking and you expose yourself for the ugly, immature individual you really are.

First, you want to accuse Tradetogain of not having any winning years when you do not know him. I know for a fact you do not.

It is also very clear you do not know what you are talking about when you want to attack me and my analysis. It is also a fact you do not know me. It is a fact I did not come here for applause, even though there are some that appreciate what I do.

Cartoonish analysis? Hmm. How about this one on Nifty, which was the last official one I did that covered the week, "This market is going to run into a major roadblock this week at the bottom of the 4-hour cloud at 5173. That looks rock solid. Initially, I would also watch for a reaction at the WR1 at 5098."
First, did you see the "reaction". A spike started the day that took it out convincingly.
Second, why don't you watch what happens when this market gets to 5173?
Third, maybe you did not bother reading my Weekly Forecasts
You said we are hurting badly? The market has been following Sudoku's projection's pretty closely. After all 4666, here we come.
Mano's level was broken and the market is headed to his 5170 level.
Many other contributors of this thread are doing fine.

I guess I'll rest my case. I just rubbed your nose in your idiocies.

Sometimes, posts like yours needs to be deleted. I see no way how the outstanding standards of this forum were compromised for exposing you as the fraud and the highly bitter individual you are. Don't even respond to that. You don't have a leg to stand and you are are to look more inept that you already made yourself look in trying to degrade the excellent people in this forum and trying to defend yourself.

As far as the respected readers of this thread are concerned, I did not mean to gloat or be conceited. I had to bring it up in order to make a point with this guy.

 

[sudoku1]

Yesterday volume was lowest of last 22 Trading sessions

 

[Taurus1]

Why $200bn in US trades are failing each day
$200bn is a big number. Yet it is also the number of trades failing to settle on average per day in the US market. The equivalent figure for Europe is unknown – highlighting what some say is a worrying hole in the back office of the world’s financial system.

Such so-called settlement fails – where one market party fails to deliver the security or cash it had promised to send to another entity within a specific time frame – rarely garner much attention outside of the back offices of banks and investment firms.
But a gradual spike in failures over recent months in crucial liquidity markets such as “repo” is raising concerns among some market participants.

This persistence of settlement fails, despite US government actions to deter them, has led some commentators to conclude that banks might be purposefully failing the trades as a way of dealing with financial stress. The concern is that continued high failures could cause instability in the plumbing of the world’s financial system, and sow confusion over who really owns which assets.

“Trade settlement is what converts market liquidity into actual cash liquidity for firms and capital markets,” says Fred Sommers, a back office specialist at consulting firm Basis Point Group. “You wouldn’t buy a house and show up on closing day, take title, rent out the house and collect the rent, all before paying. Yet that’s what’s happening every day in the financial system.”

Settlement fails are a particular issue for the world’s repo markets, where banks borrow trillions of dollars each day through pledges to sell securities such as US Treasuries or mortgage debt in return for cash, and then “repurchase” these assets back at a later date. A typical “repo agreement” could see a large bank sell a portfolio of US government bonds worth millions of dollars, with a promise to buy the portfolio back in a week’s time. The initial buyer of the securities effectively acts as a lender to the seller.

A “fail to deliver” can happen if the seller does not hand over the assets to the purchaser in the agreed time frame, or vice versa.The occurrence may sound rare, and likely to annoy those doing business with the bank in question, but it is a relatively regular market convention
Indeed, there was no penalty charge for failing to deliver Treasuries until one was introduced in May 2009 after daily fails reached a record $569bn in the month after Lehman collapsed. It was only then that the rate of uncompleted trades began declining.

Before this, analysts said low rates meant there was little incentive for market participants to settle their trades. Financial institutions could effectively sell a US bond in return for cash, then avoid delivering the bond to their buyer without losing any money.

However, after May 2009, settlement fails in mortgage-backed securities began increasing immediately, raising concerns that firms may be purposefully avoiding prompt settlement of their trades, using the time and assets gained as a source of cheap financing.

The US is scheduled to introduce a fails charge for mortgage debt in 2012, prompting further concerns that settlement fails may be ‘squeezed’ into other areas of the market. exchange traded funds, for instance, are now more likely to fail at settlement than plain equities, says Mr Sommers.

Fails to deliver in Treasuries have also been volatile recently, jumping from about $10bn a day at the end of August to over $50bn at the start of September.

“Some level of settlement fail is unavoidable in efficient markets that trade around the world with various settlement deadlines in different regions. So that’s to be expected,” says David Little, director at collateral optimisation firm Calypso. “But at times there can be temptations to game the system and deliberately fail a trade.”

Yet there are some processes in place to help minimise the impact of failures. Custodian banks, for instance, are charged with helping to ensure their clients’ transactions go smoothly.

In Europe, international central securities depositories provide a similar custodial service through their banking divisions.

But the picture in Europe is obscured by a lack of data. Unlike in the US, major financial firms do not report publicly available data on settlement fails, keeping this data firmly in the back office.

“There’s still no central place, or country specific place, where fail data are submitted for public consumption or analysis,” says Denis Peters, head of marketing and communications at securities depository Euroclear.

http://www.ft.com/intl/cms/s/0/97ff6658-d87b-11e0-8f0a-00144feabdc0.html#axzz1XLE9cvvZ

 

[Taurus1]

The next important turn date is Sept 8th/9th, most probably a low.
Trend from today can continue till then.

Doesn't look like it's gonna break today, anyway shorted at 5120, with SL 5160 :!
9th/12th are wide range bars.

 

[Taurus1]

SL hit.
Out and waiting to short again

 

[MurAtt]

You hit the hammer too early bro - combine your turn dates with some technicals and see what you get

5210 on NF Weekly (approx) is what u've gotta watch bro ....

 

[trade4joisar]

Second, why don't you watch what happens when this market gets to 5173?

Today's high is 5173
CMP - 5146

 

[timepass]

Reliance may get screwed by the Parliament

pips must be having something to do with KG-D6 report tabled in the Parliament today.

8 Sep, 2011, 01.50PM IST, Agencies
CAG report indicts Reliance, calls for indepth review of 10 contracts

NEW DELHI: The Comptroller & Auditor General on Thursday said Reliance Industries violated terms of its production sharing contract for its blocks in the KG Basin off India's east coast.

The report said Reliance was allowed to enter the second and third exploration phases of the blocks without giving up 25 percent of the contract area in each, by treating the entire area as a discovery area.

It also indicted the Directorate General of Hydrocarbons (DGH), the watchdog for oil and gas exploration, and said it should have stopped Reliance Industries from proceeding on the next phase of production in the light of earlier violation of the contract.

The report said the oil ministry and the directorate were ill-equipped to oversee the production-sharing contracts with private players. CAG said that the Director General of Hydrocarbon should have stopped RIL from proceeding with phase 2.

The CAG report questioned the "reasonableness of costs incurred" in the 2007/08 procurement activity in the area and said there was enough ground to revisit the profit sharing mechanism. It also called for indepth review of 10 contracts, including 8 awarded to Aker Group, by Reliance for developing KG-D6 finds.

The report said that the Oil Ministry should have reviewed the determination of contract area. It highlighted that that RIL's development activities were not guided by initial development plan. CAG has asked the government to amend all future production sharing contracts.
http://economictimes.indiatimes.com...eview-of-10-contracts/articleshow/9909688.cms

So, we can safely conclude that pips is the "foreign hand" behind our present troubles :rofl: :rofl:

 

[Taurus1]

You hit the hammer too early bro - combine your turn dates with some technicals and see what you get

5210 on NF Weekly (approx) is what u've gotta watch bro ....

I know I'm mostly early, but some of the same early entries have paid off very well in the past with gaps in my direction.
The most negative sentiment for this month is on the 10th/11th but markets are closed. :annoyed:
Why don't you post your technicals?