NIFTY 50 future TRENDS

[EagleOne]

got it sirji but how do you decide when 2 buy for CE's or PE's bhai new 2 market that why eagar 2 know from the senior's ...

You just caught me in time, lucky you.

Answer to query is: There is nothing to it. Just observe how market behaves when it approaches known S and R. If you are paying undivided attention, market would let you know about its course of action.
BTW, Adam Gilchrist chowkaa maarne se pehale kya baller se jaa ke poochataa hai ki goodlength pe tppaa daalega ya shortpitch fenkega?


Chalo bhai, fir milte hain. Enjoy the evening.

 

[EagleOne]

NF trend DOWN

tgt > 4499

Yaar Sudoku, bura mat maan na. Is target ko dekh ke abhi abhi mere ko ye song yaad aa gaya:

Jhalak dikhlaa jaa, O jhalak dikhlaa jaa!
Ek baar aaja aaja aaja aaja aaa..ja.aa!
Ek baar aaja aaja aaja aaja aaa..ja.aa!



Have a nice evening, bro. See you around.

 

[IAtma]

aayegee.......aayegee...

khasamaa nu chhor kitthe jaayegee.....:rofl::rofl:

Jhalak dikhlaa jaa, O jhalak dikhlaa jaa!
Ek baar aaja aaja aaja aaja aaa..ja.aa!
Ek baar aaja aaja aaja aaja aaa..ja.aa!

 

[timepass]

After UP elections, maybe. The budget is on 9th March this year because of the elections - model code of conduct and all that. So, till the elections, no inflation, no petrol price hike (maybe), dollar to go below 50rs. and all markets hunky dory (I hope).

 

[manoharpillai]

Quote:
Originally Posted by manoharpillai
Spot Nifty Hourly chart indicates Res. at 4780 level ....fail to hold 4680 at any point of time confirms range bound (sideways) market 4580-4780 breakout @ 4780 break down @4540 till then enjoy 200 points
Nifty Spot @4760.45, Just 20points away from the breakout. Will it happen tmrw?

4780 spot still a strong RES. Market is gearing up for some unknown event expecting break out. 4700 level is big support as of now. Western Markets are at over-bought condition and Dow chart indicates correction inevitable. We are at No Trade Zone I dont trade in these kind of conditions will wait for few days get my feel correct to trade

 

[4xpipcounter]

Here are the weeklies for Nifty--010812

Nifty 5016.39 4908.72 4843.86 4714.14 4649.28 4541.61

This past ended nicely as the WR3 at 4815 capped off the upside action.
Price action has broken through the 4-hour cloud, as I talked about earlier. Next week watch for a reaction at the WR1 at 4843, as it also coincides with the weekly kijun at 4834. We are also nearing the reversal point as the containment level is circa 4873.
I also talked about how the bottom of the 4-hour cloud would not have made a good reversal area to get back in the downtrend, because the reversal would not have been as powerful and predictable.
On the downside, the level to watch for is 4667. When it is broken, you'll know it, as the move will be accompanied by a very stronger than usual candle. The next move could very well be the one that takes us into the 4300's, but that remains to be seen.

Okay, now that you know where we are headed, and you got the road map in hand, we just need to hear from Taurus when it will happen--lol.

 

[manoharpillai]

Here are the weeklies for Nifty--010812

Nifty 5016.39 4908.72 4843.86 4714.14 4649.28 4541.61

This past ended nicely as the WR3 at 4815 capped off the upside action.
Price action has broken through the 4-hour cloud, as I talked about earlier. Next week watch for a reaction at the WR1 at 4843, as it also coincides with the weekly kijun at 4834. We are also nearing the reversal point as the containment level is circa 4873.
I also talked about how the bottom of the 4-hour cloud would not have made a good reversal area to get back in the downtrend, because the reversal would not have been as powerful and predictable.
On the downside, the level to watch for is 4667. When it is broken, you'll know it, as the move will be accompanied by a very stronger than usual candle. The next move could very well be the one that takes us into the 4300's, but that remains to be seen.

Okay, now that you know where we are headed, and you got the road map in hand, we just need to hear from Taurus when it will happen--lol.

Hi Poul this congested Zone have to give up at some point of time ... before the resumption of the down trend i expect a dash up closer to 4900 that match with your level 4873
Anyways i am getting ready to ride towards Sudoku's level waiting for the correct entry point will get it in a day or two.... have a nice week end

 

[timepass]

...Western Markets are at over-bought condition and Dow chart indicates correction inevitable. We are at No Trade Zone I dont trade in these kind of conditions will wait for few days get my feel correct to trade

No global cues tomorrow

 

[4xpipcounter]

Mano, we're agreeing all the way.
This is, in part, why I alluded to the 4874 level being more predictable and making for a stronger reversal. This is a very strong R zone. By the time the candles get done huffing their way through here, they will be good and tired by the time they hit the top of the cloud / TL combination.

Hi Poul this congested Zone have to give up at some point of time ... before the resumption of the down trend i expect a dash up closer to 4900 that match with your level 4873
Anyways i am getting ready to ride towards Sudoku's level waiting for the correct entry point will get it in a day or two.... have a nice week end

 

[timepass]

Today nifty made up for lower volumes of the previous few days.

Not only that, there seems to be a bit of profit booking at 4800 levels too.

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category 	Date 	Buy Value 	Sell Value 	Net Value
FII 	06-Jan-2012 	1852.48 	1842.04 	10.44

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category 	Date 		Buy Value	Sell Value 	Net Value
DII 		06-Jan-2012 	618.95 		817.83 		-198.88

FIIs in F&O