NIFTY 50 future TRENDS

[sudoku1]

NF trend DOWN

tgt > 4666

 

[sanjosedesi]

NF trend DOWN

tgt > 4666

Wow, we came within points of your number at 4673, just 7 away !! Would you hazard to guess how far back will the correction (upwards) go?

 

[MurAtt]

4800 .. and depending on momentum 4840 .. maybe even 4910.
If it crosses that then 4980, next is 5010, 5080, 5350, 5480, 5555, 5700, 5980, 6350 ...


After that .. don't ask bro .. coz everyone will be countinggggg ... no time to reply

 

[sanjosedesi]

4800 .. and depending on momentum 4840 .. maybe even 4910.
If it crosses that then 4980, next is 5010, 5080, 5350, 5480, 5555, 5700, 5980, 6350 ...


After that .. don't ask bro .. coz everyone will be countinggggg ... no time to reply

That can't be true ... if it was sudoku. It will be 4888, 4999, 5111, 5333, 5678 not 5555, 5777, 5999, 6111, 6333 and then 6666 !!

 

[CASPER]

NF => 4222

Sau sunaar ki, ek lohaar ki :rofl:

EagleOne..., For a moment I thought 4222 is the Altitude level were you are flying ....:rofl:

 

[columbus]

4800 .. and depending on momentum 4840 .. maybe even 4910.
If it crosses that then 4980, next is 5010, 5080, 5350, 5480, 5555, 5700, 5980, 6350 ...

Reminds me the ANALYSTS on CNBC.

 

[sunny_cool]

Do not use foul language & abuse him (Muratt sir) :rofl:

Reminds me the ANALYSTS on CNBC.

 

[4xpipcounter]

SJD got it right, but not with regards to containment. The WS2 did not contain. Sometimes I will allow for a margin of error, but in the case of the weeklies I am looking for an hourly close above the reference point without regard to any tail spike.
In seeing how tight things were getting upstairs was the reason I revised the outlook, and as we see by Thursday's price action, it turned out the WS2 did not contain, we headed lower, but still missed the MS1 by 25 points.

It still might be necessary to see the MS1 hit so it can gain some footing for any meaningful recovery. OTOH, we did say this area would get consolidative, and this would be the area we would see many days under the market's range.

When you say 4723 should contain the correction, what it means, closing should be around 4723 ?

CMP = 4709

 

[manoharpillai]

SJD got it right, but not with regards to containment. The WS2 did not contain. Sometimes I will allow for a margin of error, but in the case of the weeklies I am looking for an hourly close above the reference point without regard to any tail spike.
In seeing how tight things were getting upstairs was the reason I revised the outlook, and as we see by Thursday's price action, it turned out the WS2 did not contain, we headed lower, but still missed the MS1 by 25 points.

It still might be necessary to see the MS1 hit so it can gain some footing for any meaningful recovery. OTOH, we did say this area would get consolidative, and this would be the area we would see many days under the market's range.

Yes Poul.. i said it before and i reiterate again Nifty is heading much below than resent low of 4640... now the SL is below from 4960 to 4880. The P&F reading indicates Nifty is likely to rest at 3900 ..!! the swirl is on ... some may ask time frame i always say the risk what one take translate to profit 4880 (spot closing basis) is SL hold shorts i am 90% sure about it
My shorts are much higher still holding so any one fallow my statement please take your risk levels in to consideration..

 

[EagleOne]

.....It still might be necessary to see the MS1 hit so it can gain some footing for any meaningful recovery. OTOH, we did say this area would get consolidative, and this would be the area we would see many days under the market's range.

This, this, this. That, that, that. OTOH, it could be that, that, that. This, this, this...
OTOH...Wow... You know, Pips, I just got revelation that OTOH is the second most beautiful 'four-letter' word! And guess what. In the magical world of OTOH, life is nothing but a limitless horizon of possibilities! :lol:

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PS. Today I have a little free time, Pips, so just having a laugh at your expense. Don't mind please.