NIFTY 50 future TRENDS

[LivetoTrade]

It's getting precarious, but I still think it is headed lower before we have a full blow correction.

You generally say that if a trend continues without correcting back to TL, then the correction can be powerful.

What do you feel, we get a correction of similar strength?

Too early to call the shots, yes, because if we are to rely on the weekly HnS, then we need to see 37xx in 2012.

 

[4xpipcounter]

The drop back to the trend has been very powerful. All that is needed is draw the TL and notice the angle in comparison to other TL's
The 4-hour correction is 4897, and that is as good as on the radar.
The point I think you weer alluding to is the broad range spectrum that is going on relative to the daily. That TL was broken at 5273. What we are going to witness is activity similar to what is currently going on with the USD/CAD. 1.1059 is going to be hit, but the downside pressure will not be satisfied until we get a drop back to the low-.9600's<>. Nifty is the same. There will be some strong volatile moves for the market that will be witnessed at the beginning of the new year. After all, the trend could still end up in the 4300's before we get the move back to 5278. Yep, that is what I call broad range. I'm kind of eager for the yearly S&R's. They will also tell us a lot. I have some idea what they will be, but is impossible to finalize it until the year is over.
It's approximate, but if the year ends at 4759, then the YR1 is going to be 5273. That would be a perfect confluence.

 

[timepass]

There will be some strong volatile moves for the market that will be witnessed at the beginning of the new year. After all, the trend could still end up in the 4300's before we get the move back to 5278. Yep, that is what I call broad range.

That's typical of the broads.. can't ever make up their mind whether to go up or down Keeps you guessing all the time and at the end of it you are the one more exhausted, and while you are pausing for the next inning, the broad is already on to the next victim .

That's a life lesson from Niftyben. Play the index's game and you are screwed. Just play your own game and get out while the going is good. And always use protection (stoploss) :thumb:

 

[4xpipcounter]

Timepass, even volatility can be predicted to one extent or another. As an example, watch the markets on Tuesday the 27th and Tuesday the 3rd. Most of the markets will exceed their ADR's on those days.

That's typical of the broads.. can't ever make up their mind whether to go up or down Keeps you guessing all the time and at the end of it you are the one more exhausted, and while you are pausing for the next inning, the broad is already on to the next victim .

That's a life lesson from Niftyben. Play the index's game and you are . Just play your own game and get out while the going is good. And always use protection (stoploss) :thumb:

 

[timepass]

Timepass, even volatility can be predicted to one extent or another.

how so ?

 

[4xpipcounter]

First of all, I already forecasted it. This is because of the broad range movement we're about to see with Nifty. It's possible it could drop to 4399. Afterward, we'll see a correction back up to 4900+, then it should come down.
All this is going on while the market still waits for its rise to 5273. It will take some strong moves to the north to break through some of the cluster events that await the market. There are always strong moves in the trend, and we witnessed it when 7 consecutive daily candles were greater than the ADR, and one of them was a bearish engulfing candle after a strong spike north to start the day.

Nifty is also volatile by its nature. It is only a 6 1/2-hour market per day. That is in spite of the fact something is always making the market move even while it is down. This is why most days the market spikes. Look at forex and it hardly ever happens.

how so ?

 

[sudoku1]

BATA : volatile muvs ahead

 

[LivetoTrade]

The drop back to the trend has been very powerful. All that is needed is draw the TL and notice the angle in comparison to other TL's

It's approximate, but if the year ends at 4759, then the YR1 is going to be 5273. That would be a perfect confluence.

Sir, where should Nifty end, to get 5270 - 5280 as YR2?

 

[4xpipcounter]

LT, at this point I am just speculating, but YR1 is going to be around 5200.

OTT, after this current dip is contained above 4398, then we get the move to circa 4950. It could form a double bottom, afterward, then we get the move to 5273. That whole scenario is also speculation. What I am not speculating on is 4398 or higher to contain this leg of the DOWN. The market will have the WS2 at 4471 and the MS2 at 4445 to contend with, At this point they could also contain.
Confirmation that the correction has start will be 4768. You 'll know it, because there will be a very strong move through it. That level is dynamic, and it drops everyday.

Sir, where should Nifty end, to get 5270 - 5280 as YR2?

 

[LivetoTrade]

LT, at this point I am just speculating, but YR1 is going to be around 5200.

OTT, after this current dip is contained above 4398, then we get the move to circa 4950. It could form a double bottom, afterward, then we get the move to 5273. That whole scenario is also speculation. What I am not speculating on is 4398 or higher to contain this leg of the DOWN. The market will have the WS2 at 4471 and the MS2 at 4445 to contend with, At this point they could also contain.
Confirmation that the correction has start will be 4768. You 'll know it, because there will be a very strong move through it. That level is dynamic, and it drops everyday.

Are these calculations based on your S&Rs which you will not share, or is it some analysis which you can educate us about? Please.