NIFTY 50 future TRENDS

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manoharpillai

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#4,813
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4xpipcounter said:
How about a nifty weekly update on Nifty?:

This week it would be a stretch to say the WR1 at 4956 is going to get hit. It is fully expected to see the WS2 at 4723 get hit, and even possibly lower than that. MY WS1 at 4643 will be hit on this leg south, and it is not a far stretch to say it could be hit this week.
Click to expand...
I do expect 4960 at top ...our market is really pushing down no doubt about it.. Us/UK market is closed positive on Friday many are expecting the change of trend to go up here in India ...but market always go against the wishes of many...
 
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4xpipcounter

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#4,814
#4,814
Mano, I gotta tell ya. Your vision is better than mine. I know that is a relatively short distance, but I can't see that far.
Of course that is barring some humongous spike. I don't even see the market being that volatile right now.


manoharpillai said:
I do expect 4960 at top ...our market is really pushing down no doubt about it.. Us/UK market is closed positive on Friday many are expecting the change of trend to go up here in India ...but market always go against the wishes of many...
Click to expand...
 
LivetoTrade

LivetoTrade

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#4,815
#4,815
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manoharpillai

Well-Known Member
#4,819
#4,819
sure to short at/or below 4960 SL 5020 risk 60 at that level brave heart can short at any level till nifty spot breach 5020 look at the $ index 52+ still chances of going up FII's have to pull out before it 's too late any trade inherits risk... money management is key for success in trading .... short or long trade is at breach of support or res. levels so the risk is minimized ....this down trend is going to fool many .....Nifty is heading much lower than the resent low of 4640 My statement may go wrong once it cross 5020 yet our market is on down trend no denial..
 
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