NIFTY 50 future TRENDS

[4xpipcounter]

The example T4J gave is a perfect example of an intraday spike through the 61.8% level.
The standard way to measure Fibs is from high to low. Sometimes that standard is compromised on a really inordinate spike, and then the close is measured in that example. The best way to see the most appropriate way is observe when the candle has a long wick and draw both. Regardless, the rule is high to low.

When you calculate Fib levels, do you do candle beginning to candle end, or do you include the wick length too?

Sometimes you disregard the wick calling it only an intraday spike, hence this question.

 

[LivetoTrade]

...........

 

[manoharpillai]

R1 5156.67
midpoint 5059.00 >>>
PP 4961.33..................REF. my weekly levels... posted at page 469. Nifty struggle to go above the 1st Mid point 5059 i expect nifty to make some corrective move.... watch out for the support at Pivot point 4961 which is very crucial for nifty to maintain this up trend..... break this level will bring in more weakness

Exactly market on its corrective move...

 

[sudoku1]

http://m.economictimes.com/PDAET/articleshow/11028512.cms

 

[sudoku1]

A man ought not to be led into trading by tokens. He should wait until the tapetells him that the time is ripe. As a matter of fact, millions upon millions of dollars have been lost by men who bought stocks because they looked cheap or sold them because they looked dear.

 

[sudoku1]

NF trend DOWN


tgt > 4666

 

[IAtma]

Itnaa san-naataa kyun hai bhai.....

aaj koi 5000-5100-5200 kaa ideaa nahi lagaa rahaa...

aur to aur apne shudoku dadaa ke alaawaa kisi ne neeche kaa target bhi nahi diyaa...:rofl::rofl:

hotaa hai.....hotaa hai....

market market hai...., koi hondaa ki bike nahi..., jidhar chahaa ghumaa diyaa...

 

[MurAtt]

Kal Eurozone ka event hai ... phir dekhte hai .. event hone se prob hota hai ... aur at least HUM to full time trader hai nahi ki screen to taaank taaank kar dekhte rahe ...

Monday decisive bcoz kal Erozone will be after our market close ...

Lets see .. abhi factor in kar diya .. agar thoda bhi positive kuch hua to .. U turn seedha 4xPip bhai ki 5295 tak taan ke .. else Sudoku bhai ka 4666 w/o stopover ...

:rofl:

 

[sanjosedesi]

Itnaa san-naataa kyun hai bhai.....

aaj koi 5000-5100-5200 kaa ideaa nahi lagaa rahaa...:

I am not a techie, but see this post from yesterday !!

http://www.traderji.com/derivatives/42863-nifty-50-future-trends-472.html#post616359

It said ...

If we have news flows to go by, next 2 days will be dominated by Euro discussions. Enjoy the downfalls and higher volatility !! Linkon talked about shortest range on Monday ... the ranges are going to get bigger.

 

[timepass]

Kal Eurozone ka event hai ...

Event eurozone ka hai, maatam idhar mana rahe hai. Begaani mayyat me abdulla rowana