NIFTY 50 future TRENDS

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Exactly market on its corrective move...
To me the down trend is started the Lower Top is formed and i am expecting the down move to test lower than 4650 will be confirmed nifty close below 4880.... The experts here are to agree with me the difference between the big fall during 2008 and now that this correction started at 6350 the peek of Nov. 2010 is very laborious than the previous one ... this trend could kill many short term traders...i am sure the trend is down the wise thing to do is only to find opportunity to short the market at appropriate level with minimum risk ...
 
Do you want to bet against that? I don't.
After the trend was confirmed, it has been trouble staying above 50, as it is pointed towards 30 again.

Let's see. TL containment, TK about to cross, RSI obviations, Santa heading south. There's your confluence!
:D :D

if all that confluence pans out, you what will happen ?? EURUSD will move towards 1.29 rather than 1.38 :D :D As I write this, the dollar index is inching upwards towards 80.
 

Taurus1

Well-Known Member
Oye Taurus is back !! Man, your turn dates were phenomenal !! Will you be publishing those ?
Hi SJD, how was your holiday? I got a new price based system in mid Nov, been using it till now.

The turn dates take time and effort to calculate and I will put up a few more till this year end, after which thats it. :D
For all the punterz on this thread, there is a good trade coming on the 12th or 13th.

The stock turn date is 13th Dec, +/-1 and the market turn date is 14th Dec, +/-1, so be here on Mon and Tues to check it out.

The low for this downswing is about 4780-4820. :p :D
 
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LivetoTrade

Well-Known Member
So with Santa wanting to move south, and that some biggies already have their palms greased to allow FDI, that paper will be signed and maybe the Bengali Didi will walk out to show displeasure.
 
There is no "if", Santa is traveling south 17 days from now--lol.
If the EUR/USD breaks to 1.29, then I'm wrong as far as 1.38 is concerned. It is headed to the low 1.2000's.
After saying that, that's the Euro market, and my charts show move south for Nifty.
You'll pardon me, Timepass, for not wanting to correlate the 2. I see no practical trading element associated with it. I only see my charts.

We may have given the answer away, but a man walks 3 miles due south. Afterward, he walks 3 miles due east. There he meets a bear. Then he walks 3 miles due north. He is back at his original starting point. What color is the bear? You have all the information you need.
That was an extra credit problem I was given in 6th grade.

:D :D

if all that confluence pans out, you what will happen ?? EURUSD will move towards 1.29 rather than 1.38 :D :D As I write this, the dollar index is inching upwards towards 80.
 
LTT, I thought this was kind of funny. Some newbie just signs on with Traderji and the first thread he comes to is Nifty50 Future Trends. He happens to jump in the middle of this conversation with a bunch of adults talking about Santa Claus. The first thing that might pop up in his mind is, "Whoa. I got to get out of here."

So with Santa wanting to move south, and that some biggies already have their palms greased to allow FDI, that paper will be signed and maybe the Bengali Didi will walk out to show displeasure.
 

sanjosedesi

Well-Known Member
Hi SJD, how was your holiday? I got a new price based system in mid Nov, been using it till now.
The turn dates take time and effort to calculate and I will put up a few more till this year end, after which thats it. :D
Oh I have been back for almost a month now. Had good fun.
Your turn dates were (are) almost as good as the charts. If you will stop using them, do share some fundas behind them.
 

LivetoTrade

Well-Known Member
LTT, I thought this was kind of funny. Some newbie just signs on with Traderji and the first thread he comes to is Nifty50 Future Trends. He happens to jump in the middle of this conversation with a bunch of adults talking about Santa Claus. The first thing that might pop up in his mind is, "Whoa. I got to get out of here."
Let us also talk about hanging a sock in our living room then. The newbie will expect Santa to drop a gift :lol:
 
LTT, I thought this was kind of funny. Some newbie just signs on with Traderji and the first thread he comes to is Nifty50 Future Trends. He happens to jump in the middle of this conversation with a bunch of adults talking about Santa Claus. The first thing that might pop up in his mind is, "Whoa. I got to get out of here."
alternatively, if he shorts and collects 500 points he might think 4pip is the online avatar of Santa:):)
 
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