NIFTY 50 future TRENDS

[sudoku1]

Sudoku,
Will nifty hit 4499 within this series?

Thanx/Subratdas

cant guess bt hope it can

 

[4xpipcounter]

Depend on my buddy, Eagle, to highlight the egg part.

We might have heard Nifty saying, "Mind the gap." But, we did not hear it from Pips. He beats his own drum--lol.

BTW, I can add this to my response to RJ, and don't mistaken this for playing the fence. The only thing price needs to do is close under the TL for the whole bearish scenario to play out. That could include a strong spike north to the WR2 at 4902, and then a strong reversal.
If that happens, jump on the express. If the spike and strong reversal happens, you also have a pin head formation.

The only thing I ask (Please, do not close above that TL. Let the fat lady have her way. Let's yank Eagle's horns right off his head. Plus, it's winter. It's time for that bird to fly south.

Seems likely, buddy. Remember, we all heard Nifty saying the other day. 'next station:4900. Please mind the gap'?

 

[LivetoTrade]

Kamaal hai, yaar, tum logon ka bhee. Nifty neeche jaati hai toh sab TJ ke threads pe aahein bharte hain, charts mein raasta dhoondte hain, ki kisi tareh uppar jaaye. Uppar jaati hai, toh sab hallaa karte hain, chaati peetney lagte hain ki bearish kyon nahin ho rahi, TL paar ho gayi, doji kahaan hai? :lol: :rofl:

E1, I am familiar with only basic Hindi, and this seems too much for me.

This is as much Greek and Latin to me, as are the OTOHs of Paul to you. :rofl:

 

[4xpipcounter]

Timepass, I would be in the bulls' camp if I was looking on my chart what you see on yours.
With every post, things are getting more interesting.

Another alternate view, Pips. The downsloping TL was decisively broken today and the momentum may carry it to the clouds, maybe even pierce and enter them, but not enough to carry them to the other side. 49xx seems to be the upper limit for this leg and then the down side picks up, but simply to meet this TL again. Then another upleg should resume. The longer it takes to enter and come out of the cloud, the deeper the fall.

PS : This is just my view and I could be right (for a change)

 

[4xpipcounter]

It's move to 12619 was already on the radar. That effectively puts it at circa 2% of the recent longer term dip to peak. During that same time, Nifty is at 40% of its dip to peak. I don't see the relationship.
So, yes, please go further :lol:

DOW is almost knocking at the 2nd highest YR as we speak. FTSE is doing the same. Need I go on further? :lol:

 

[4xpipcounter]

I got one thing to say.





OTOH, I won't :lol::rofl:

E1, I am familiar with only basic Hindi, and this seems too much for me.

This is as much Greek and Latin to me, as are the OTOHs of Paul to you. :rofl:

 

[4xpipcounter]

Eagle, the rule is, with rare exception, when the cloud is fresh, it contains.
Once the cloud is entered, then the rule is the candles find their way to the opposite side.

BTW, a "fresh cloud" can be subjective. It is a measure of how far the candle has drifted under the cloud in order to determine if it is fresh.
But, if that cloud is pierced then it adds to many what-if-then scenarios I mentioned earlier.

TP, as far as I know Ichi, the above underlined scenerio rarely happens. Everything being equal, more than 8 out 10 times the candle stream sees the other side of the cloud it enters.

 

[4xpipcounter]

They'll come in handy when the markets hits he 4300's--lol.

I always keep a spare pair under my pillow - in case, you know... :lol:
Other way of looking at it is, I am ambidextrous. An oppurtunity to excercise my right-hand once a while is always welcome!

 

[4xpipcounter]

And tell me. whoever heard of an eagle with horns.
Whew, they only make one like that. That mold got thrown out as soon as the creation was made.

As explained by Pips elsewhere, the cloud is fresh and the candles are tired, so they will make an attempt at the cloud but will have limited success. This was seen recently in September/October (the red cloud before the present one).


I can see what makes you so ornery : you are ambihornorous

 

[4xpipcounter]

That would be too easy.
Get the gap up, then the huge splashdown. We'd all be in here gloating then.
LOL, then there's Sudoku. Quietly waiting for his 4490 to be hit.

Most probably gap up.