NIFTY 50 future TRENDS

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Taurus1

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his calcuation is based on HH/LL.....I guess, & the target still remain same unless the previous high broken & it stay above.:cool:

don't wory bro......you may see 4060 or even below...though it need tym.

Shudoku bro.....carry on.;)

U r talking abt time , a 10% move will wipe out all bears , get that 10%. So Dont worry dude u wont be there to cash in on that downtrend if u follow others blindly :lol: . If u will cash it on then will Big Guys press clothes :rofl:
 

Taurus1

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what is your target bro...?
My target is 4907, +/-13 on Sept 21st. :p :D
But let it turn properly first, it was not able to go below yesterdays close. :D
Sept 21st is also the last chance for bearz to get out......................... until next month. :!
 
He said it will take time, or do you know how to read?
Oh well, never mind. I got something for you later. I know you have been waiting.


U r talking abt time , a 10% move will wipe out all bears , get that 10%. So Dont worry dude u wont be there to cash in on that downtrend if u follow others blindly :lol: . If u will cash it on then will Big Guys press clothes :rofl:
 
First, I'm talking to Rahu, and now I'm talking to myself. I'm not desperate for people to talk to. Honest!

Anywaaay. we did get the bearish candle as per this post. For candlestick fans, I guess they call it a spinning top. I'm expecting more consolidation before the market moves further north. One key determination will be the intraday support level at 5032. If broken, then we head to 4998. The move from current level is going to have a lot to say just how much longer this wide range consolidation will last.
Ideally, it would be nice to see a turbo-charged move to 5301, but that's not happening either.


As per post #2824 when I mentioned strong momentum taking this market to 5088:
We made it there Thursday, and the market finished at 5093. A look at the 4-hour chart is showing the market is still enjoying those northern lights.
I also talked about a wide range consolidation for this market. It is turning out to be wiiiiide range. The minimum 4840 needs to be hit to finish the process, but then I also said the MR1 at 5240 would be hit before the month is out.

I would look for the current level to cause a temporary containment, and even possibly create a bear candle for Friday. Nevertheless, at this point I would say unless something drastically changes, this is the leg that takes out the previous peak at 5173, and we head to 5240. If that happens, then that effectively nullifies my 4840 target, and I'll write it off as a premature reversal from the correction after the TL break.

If we get a move beyond the MR1, then any consolidative process is over with. The market will head to 5301, and then we get and explosive reversal back in the DOWN towards the MS1 at 4793.

If we make it to 5301, a further update may be necessary. There are still various scenarios could prevail, even though the official return to the trip south promises to be explosive.
 
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