NIFTY 50 future TRENDS

[sudoku1]

Rumor Of Swedbank Failure Results In Second Latvian Bank Run In One Month

 

[coolmaan1]

Please disregard the weeklies I originally posted. I was going over my review for the market, and instinctively knew something was wrong. The correct levels are listed below:

Nifty 5163.81 5034.63 4956.82 4801.18 4723.37 -4594.19

How to interpret these levels ! Are these supports and resistances ?

 

[sudoku1]

Lack of Control A trader who doesnt understand the difference between the aspects of trading he controls and thosehe does not is in for a rude awakening. In general, people try to control a situation in order to get what they wantor in order to avoid surprises and the experience of a fear.

 

[4xpipcounter]

Coolman, watch for the reaction at those levels on your hourly chart. If there is a strong move through a level, then most likely it will head to the next one. For the most part, the level gets hit, then bounces off it which amounts to at least 38.2% of the level it just came from. If it is a continuation, where price action goes all the way through it without the bounce, then there will be a move back to that level after the next level is hit. In the event of a strong spike that would start the week, they will take on a different perspective.

Even they I know their functionality, I still use them as a confluence with the rest of my methodology. As an example, I mentioned in a previous post I doubt the R1 would be hit this week, because of all the cluster and significant R activity that precedes that level. That is also the reason the S2 is favored to be hit. If it makes it half way to the R1, it still will drop 2 1/2 levels to the S2. Minimum expectancy is a 3-level range.

BTW, I see you are relatively new. Welcome aboard!

How to interpret these levels ! Are these supports and resistances ?

 

[sudoku1]

out of 28 companies with FCCBs maturing by FY13, 25 will face FCCB redemption, translating into INR330bn cash outflow. Steep INR depreciation has resulted in huge MTM losses, which coupled with redemption premium (generally kept off P&L) will lead to higher effective cost of borrowing through FCCBs.

 

[timepass]

What did they call it ??? TV Tattu Indicator or something like that. Anyway, seems like a "buy" on nifty today.

12:20 PM - Nifty F&O Call: Sell with a two-day target of 4720 and stop loss of 4880, says Husseini Wadharia of Techno Shares on CNBC Awaaz. Send to friends

12:17 PM - Nifty F&O Call: Sell at 4840 with a 1-2 day target of 4770 and stop loss of 4880, says Indra Narayan Biswas of BMA Wealth Creators on CNBC Awaaz. Send to friends

12:15 PM - Nifty F&O Call: Buy with a 1-2 day target of 4900 and stop loss of 4775, says Hitesh Sheth of Prabhudas Lilladher on CNBC Awaaz. Send to friends

12:11 PM - Nifty F&O Call: Sell at 4840-4850 with a 1-2 day target of 4760 and stop loss of 4880, says Rajesh Satpute, technical analyst, on CNBC Awaaz. Send to friends

12:08 PM - Nifty F&O Call: Sell with a 1-2 day target of 4750 and stop loss of 4875, says Dharmesh Kant of India Nivesh Securities on CNBC Awaaz. Send to friends

 

[TraderRavi]

nifty futures >

target >

5590/5600

NF TREND UP

TARGET 5468..........


:clap:

hmmmmmmmm gud targets .......................:rofl:

 

[anayash]

http://www.mydigitalfc.com/news/credibility-sebi-fii-data-questioned-893

 

[manoharpillai]

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..[/QUOT

Yes still the trend is down some support expected around 4773 spot nifty level
weekly pivot levels given below as the market trading below Pivot expect the lower targets to be hit..
PP 4936.00 >>>> Pivot Point

midpoint 4854.50
S1 4773.00>>>>>> expecting nifty to close around this level 12/12/2011
midpoint 4726.00
S2 4679.00
midpoint 4550.50
S3 4422.00
midpoint 4293.50
S4 4165.00

 

[sanjosedesi]

TR, they only go up to 3, but the R3 will not be needed for next week. The market is going south. You may want to bookmark this post just as a reminder--lol.

Bookmarked !! I know this is a comment in hindsight, but yes, you are right so far !!