NIFTY 50 future TRENDS

[4xpipcounter]

We still have the obstacle in the way, the TL. There is still no guarantee it is getting broken.

Do you now mean that we will see 4896 before we continue the downtrend?

Or is it that the 493x level has now fallen to 4896?

 

[4xpipcounter]

You're right! The metaphor still stands until that TL is broken.
If the TL is not broken and we so much as see a return to the WS1, then that is what I fully regard as a headfake. Then if it hits the WS2. That's when the market says, "Suckers!!! I took you for a ride to 4700 and longs took the bait."

4xpip's words : The reindeer might be playing games with head fakes before they deliver the goods.

Meaning, south move continues.

Please see this post and chart too - http://www.traderji.com/commodities...ver-crude-oil-natural-gas-154.html#post622762

 

[4xpipcounter]

It got near that TL, and the longs sure seemed to get scared off.
Of course, I'll be sleeping by the time it fully makes up its mind.

hmm short guys all wanna know if mkt will come back soon even if it raallies, they dont want to let go short positions at any cost, precarious retail mentality...

 

[Taurus1]

4700 again with 1 hr to go

Now moooooooovvve !!

 

[Taurus1]

Too much philosophizing, that's what is occupying ur time

TP, reading some of the posts here will make anyone a philosopher for life.
Example
Q: If 100 strategies don't work how will having another one help?

(Applause from audience) :clap:
A: Because it's the one that does work. :!
Dumb & Dumber

 

[rajasree1]

Not yet broken the TL.Am I correct?

 

[EagleOne]

@ 4500CE

Mujhe kitna pyaar hai tumse
apne hi dil se poocho tum
Jis pe 'long' hua tha wo tum ho
mera profit tumhara hai

:rofl:

 

[sudoku1]

NF trend DOWN

tgt > 4499

 

[EagleOne]

NF trend DOWN

tgt > 4499

Hum jaante hain, jaante hain, jaante hain.
But fikr not, Sudoku bhai. Hawa paltey hi uppar wala song pehale ki tareh 4800PE ke liye gaaya jaaye ga. :lol:

 

[CASPER]

EagleOne..... Many Happy Returns of the Day.....:clapping: