NIFTY 50 future TRENDS

[tempest]

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.

White ( of course to be fair I have heard this one b4)
BTW pips love what you do here.

 

[trade4joisar]

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.

It seems, your turn date will be one day before RBI policy.

If i am not wrong, RBI policy is on 16th Dec, 2011.

 

[Taurus1]

It seems, your turn date will be one day before RBI policy.

If i am not wrong, RBI policy is on 16th Dec, 2011.

It does happen very often that a turn date comes close to a news event.
The difference is that I could have given this date 3 months ago, before RBI knew that they were going to announce any policy change.

 

[LivetoTrade]

okay, gear up, SGX Nifty made of low of 4892 today

Do we see that in Nifty and get a small bounce?

 

[4xpipcounter]

The newbie might think we need help and stuff the sock he wore down our throats.

Let us also talk about hanging a sock in our living room then. The newbie will expect Santa to drop a gift :lol:

 

[4xpipcounter]

Okay, I confess. That is not my picture. I really am Santa Claus.
Timepass was bad, so he won't short, so I won't be able to give him any points. :lol::lol:

alternatively, if he shorts and collects 500 points he might think 4pip is the online avatar of Santa

 

[4xpipcounter]

You'll probably hear it many more times.

Thank-you. We are just here to calm the "tempest" for all traders.

(Jokes are starting to get bad.)

White ( of course to be fair I have heard this one b4)
BTW pips love what you do here.

 

[CASPER]

Grrrrrrrrrr.......


Early days yet...I mean, it's too early to call

Anyway, what happens when Kijun crosses Tenkan from top ??

[ TimePass ... On a lighter Note .... ]

Hmmm... I think Kijkan will be Born .... Just My wild guess....

 

[4xpipcounter]

I closed my charts, but I think I said somewhere about an intraday S around 4880.
The only thing it is subject to getting ripped out quickly.
After it gets ripped out, there will be a correction back to that point. That was where I was talking about the area where we are going to have some daily ranges shorter than the average. That is going to be a ST correction before the continuation.

okay, gear up, SGX Nifty made of low of 4892 today

Do we see that in Nifty and get a small bounce?

 

[LivetoTrade]

I closed my charts, but I think I said somewhere about an intraday S around 4880.
The only thing it is subject to getting ripped out quickly.
After it gets ripped out, there will be a correction back to that point. That was where I was talking about the area where we are going to have some daily ranges shorter than the average. That is going to be a ST correction before the continuation.

Yes, the TL and S is around 4880 area.
Now for the actual south move to happen, we need a TL break, and then maybe a correction.

We do not want Nifty to bounce around the support