NIFTY 50 future TRENDS

[hills_5000]

Sudoku bhai... Nifty trend down... but ur writing target more than 4499... should it not be tgt < 4499 ... ..pls clarify..

NF trend DOWN

tgt > 4499

 

[DanPickUp]

Deleted the post as the event not happens today.

 

[trade4joisar]

in a positional trade, its alwys wise 2 play d trend in d direction of d trend rather den anticipating d pulbacks.in other words ADD more WEN D PULBACK ENDS !

How do you determind that Pull back ends ?

I am sure you might have something for that also

Pullback ends ka target bhi dedo, so we will have less Q&A here :lol:

 

[sudoku1]

Sudoku bhai... Nifty trend down... but ur writing target more than 4499... should it not be tgt < 4499 ... ..pls clarify..

if it is > den tak it as 4500

 

[MurAtt]

Pullback ends ka target bhi dedo, so we will have less Q&A here :lol:

dedo .. Sudokubhai . bachchelog ko dedo ... Christmas Gift samajh ke dedo ...

 

[sudoku1]

dedo .. Sudokubhai . bachchelog ko dedo ... Christmas Gift samajh ke dedo ...

ok . Colect ur gifts here.
http://1.bp.blogspot.com/-jEdowfE0b...0/Christmas+Gifts+Under+Tree+2011+Photo.jpg:D

 

[Taurus1]

Tomorrow is a minor turn date, but I do not expect it to hold.
If it does not, then 4864 is very likely. A gap up opening will show if the turn date is on time and did not hold.

 

[4xpipcounter]

adult image hosting

There's your picture. I says it all. The TL was broken on the final 4-hour candle of the day, and so it was 4705 at the point of the break.
Notice, once again, the large body of the candle. That is the nature of a TL break.
I would look for circa WS2 at 4777 to be initial containment before we get the TL correction back to 4705, and then the next leg of the correction will go higher than this one. For now, it seems his correction will go no higher than 4952.

 

[timepass]

4777 will be near about 15MA touch.

 

[4xpipcounter]

Rajasree, this might help in seeing the difference in respective TL's.

Your TL was drawn from the highs in an uptrend. Mine was drawn from the highs in a downtrend. Your TL is measuring an extreme condition which could mean the means for a reversal, or if broken, the market will become further extreme and then a larger reversal. Your TL would typify a sign of a reversal. Mine is showing the breakout or reversal in the trend.

Also, considering this is a breakout on the 4-hour chart with a correction of the breakout nearby, and then a return to the correction of the MT trend, and then a subsequent MT trend reversal, it can be quite dangerous using the 5-min chart in these conditions.

I'm only mentioning all this because I saw in your other post you are new, so I wanted to show you the difference.

Not yet broken the TL.Am I correct?