NIFTY 50 future TRENDS

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columbus

Well-Known Member
Dhamaakedaar Statistic

Found this data on leap years Index on the net. (Not Verified though)

1980: 148 (1979 High was 131.59)
1984: 280 (1983 High was 252.92)
1988: 719 (1987 High was 578.75)
1992: 4546 (1991 High was 1955.21)
1996: 4131 (1995 High was 3943.66)
2000: 6150 (1999 High was 5150.99)
2004: 6617 (2003 High was 5920.76)
2008: 21206 (2007 High was 20498.11)

2012: ????? (2011 High was 20664.80)
Will this trend repeat??????
Hi MurAtt,

When SENSEX was trading at 4K ,I used to imagine ,HOW MANY DECADES
IT TAKE ,to reach DOWJONES index,but I never imagined that DJIA would lag
SENSEX oneday.
 

VJAY

Well-Known Member
The containment level will keep dropping with every passing 4-hour candle. It is now circa 4848. That is a nice cluster R as the chart tells the story-- DOWN TL, top of the cloud, WR1, upper SD channel line, and the daily has the kijun in this area.



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Dear Paul,
had one doubt in using 4H chart for our market as our market is runs only 6 &1/2 hour...so every 4H candle not exactly same candles its deferent...so its not better if use 1H chart ?
 

Taurus1

Well-Known Member
6 hrs 15 min, so why not 15 min candles ?? Paul did say sometime in the beginning that he is more comfortable with 4hr TF, and he has been doing fine with on the Nifty.

Now, here's what I see : All it needs is one strong push by the bulls in next 3-4 sessions and we are into happy clouds, else it is slow slide down towards Sudoku's targets. The chartist fellows will read more in this, but let me point that the Tenkan has crossed Kijun from bottom.

 

EagleOne

Well-Known Member
Will this do ........... or something bigger needed ? :D .................
Hey, man, hold this fatso just for first 10 min tomorrow, will you? :D
 
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