NIFTY 50 future TRENDS

[4xpipcounter]

As I mentioned, the WS2 is 4471 and the MS2 is 4445. The 4768 is a TL from the 4-hour.
4398 is channel support. The market should be good and tired by the time it gets that low which is why my projection says it is containment.
The 4950 area is just a huge cluster event. I'm not saying it is impossible for it to be broken. I am saying it is too unlikely it will be.

BTW, it is only my formulas I'm not willing to share. The levels I will always share. Wait until you see the huge post that will go with the yearlies. It is a chart party. Everything is getting set up as we progress to the end of the year.

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.

 

[sanjosedesi]

Wait until you see the huge post that will go with the yearlies. It is a chart party.

Paul, I must say that besides the predictions which you get right, you are one of the most organized people. I say this because you are already working on the post which may not be due for another week at least. I also notice you schedule time for the weekly review and weekly forecast and miss the times only when you have a family event. Great going !! I guess you have to be this organized to make some money in this business, so that's one more lesson for your friends and followers !! Discipline is as important as the charts !!

 

[LivetoTrade]

Paul, I must say that besides the predictions which you get right, you are one of the most organized people. I say this because you are already working on the post which may not be due for another week at least. I also notice you schedule time for the weekly review and weekly forecast and miss the times only when you have a family event. Great going !! I guess you have to be this organized to make some money in this business, so that's one more lesson for your friends and followers !! Discipline is as important as the charts !!

I have noticed very few people calling or accepting this as a serious money making business.

Most often, people talk about "playing the stock market" - wonder what they really mean.

 

[sanjosedesi]

I have noticed very few people calling or accepting this as a serious money making business.

Most often, people talk about "playing the stock market" - wonder what they really mean.

Oh no, this can be serious business, although in India, many families (including mine) will frown upon it. The only challenge is that we need to treat it as such. While you can not predict the outcome (10% loss, 20% gain, 100% gain) with certainty, you should have a business plan and step by step process on how to achieve that. Yes, you may end up with 30% stop loss as compared to 20% projected, but that's the uncertain part. However, if you are hitting 90% stop loss as against you projection of 30%, then it is best to sit down and review your business plan. I guess if we take 'trading' through the eyes of an MBA (balance sheet, finance, funding, debt vs margin, strategy, optimizations), you can make it even more full proof, even though the returns might reduce just a bit.

 

[sudoku1]

NF trend DOWN

tgt > 4499

 

[sanjosedesi]

NF trend DOWN

tgt > 4499

Sudoku, you give me hope. You are like an oscillator ... when your predictions get close to reality, it indicates time to swing !!

 

[4xpipcounter]

SJD, it has been the toughest lesson for me to learn, but your point is excellent. I have generally not been a disciplined person. Trading has forced the discipline that is needed to trade with, and the has also infiltrated throughout the rest of my life, so trading has also benefited me along those lines.

I'm often reminded, though, of whom I am married to. Many people view my wife and I as polar opposites. She's the type that has to have all her ducks in the water, and many people close to us have often told us, my ducks don't need to be in order. AMAF they would tell me I don't have any to begin with.

BTW, this is something I really love to do. That has made it a lot easier to do the necessary things that are needed to be successful in the business.

Paul, I must say that besides the predictions which you get right, you are one of the most organized people. I say this because you are already working on the post which may not be due for another week at least. I also notice you schedule time for the weekly review and weekly forecast and miss the times only when you have a family event. Great going !! I guess you have to be this organized to make some money in this business, so that's one more lesson for your friends and followers !! Discipline is as important as the charts !!

 

[hills_5000]

u mean target 4500 and above ?
or tgt < 4499 ??

NF trend DOWN

tgt > 4499

 

[4xpipcounter]

LOL, he'll be closer if he sticks to his 4499 target, because we are going lower than that.

u mean target 4500 and above ?
or tgt < 4499 ??

 

[sudoku1]

PATHETIC !!!
GLAXO : Only 1 LOT traded 2day and that too happend after 3 PM only.