NIFTY 50 future TRENDS

[timepass]

Pips, the clouds and TL's don't know about the important elections in 5 states, one of them being a sort of political weathercock. I guess the market may not see much negative sentiment till then.

Edit : Also, 5200 is around the 200DMA. If it is breached or turns green, a lot of chartists will be re-doing their calculations.

 

[rkgoyal_98]

Sensex

We are stll away by one week as per this time cycle, Let us see if channel is broken or yet another leg down

 

[4xpipcounter]

One is all we need. Tucker is going to like that.

LOL, Tucker is a one-owner (Guess who that is.) dog, as most chihuahuas are. WE got a scratcher that looks something like yours. If my wife wants Tucker in her lap, she just needs to sit down and show it to Tucker.

Pips .. here's one even if you don't need it .. one for you and one for Tucker

And if you need it again if and when 5219 is crossed .. well I'll be having enough in my account to spare another two

Note: These are made in china .. so .... use them before u use the opportunity of needing new ones again !!

 

[4xpipcounter]

Timepass,as far as my end is concerned, it was a matter of a TL not being drawn in the right place, then getting an unforecasted break through the TL and cloud. I did see the momentum. I just thought certain areas would be strong enough to hold it back. So really, it is just a matter of finding the reversal point.
No joke! If that weekly TL is broken, I'll be at a lost for words (LOL, that doesn't happen often.)

BTW, you said, "the clouds and TL's don't know about the important elections in 5 states".
You almost had it right. It was supposed to be, "the important elections in 5 states don't know about the clouds and TL's."

Pips, the clouds and TL's don't know about the important elections in 5 states, one of them being a sort of political weathercock. I guess the market may not see much negative sentiment till then.

Edit : Also, 5200 is around the 200DMA. If it is breached or turns green, a lot of chartists will be re-doing their calculations.

 

[MurAtt]

2morrows edition printed today .. ?

:laughs: Bear ki to aisi ki taisi aise hi kar di :rofl: :rofl:

Nifty ends above 5100; Reliance Infrastructure, Tata Power gain - The Economic Times

 

[timepass]

"the important elections in 5 states don't know about the clouds and TL's."

You may be right at that. Today the inflation data crept up ever so slightly after weeks of downtrend and getting everyone in good mood.

Meanwhile, what are your 4 hour clouds saying? Mine shows the indicators flattening (sideways) and the candle dancing above the cloud. Maybe the next candle or two will touch the Tenkan (as happened on 9-9-11 - another Friday (blue arrow)). SG in his "Timing the Markets" did say that 19-1-12 may be a swing high or swing low day.

 

[timepass]

2morrows edition printed today .. ?
Nifty ends above 5100; Reliance Infrastructure, Tata Power gain - The Economic Times

They fool you every time. They didn't say that Nifty "closes" above 5100. Tomorrow they will say that above 5100 you will have to call it SuperNifty or SteroidNifty or something

 

[VJAY]

My Bengali frend said.. "Oj Homora open dicks ka operaton hai" It took me quite a while to realize that he meant Appendix!!

:rofl::rofl::lol:

 

[4xpipcounter]

On Thursday's open, the tenken and kijun will not be flat. They will be pointing north again. It went flat only because the previous day's close was lower than the day before. By Tuesday, the kijun will be close to the top of the cloud.

The dramatic shift has already happened on the 4-hour. That's because the dip at the TL is no longer within the 26 candle scope, so it is now the swing low at the TK combo that is being taken into account. Add to that the recent strong spike north, and you have that kind of change in the kijun.

image hosting

You may be right at that. Today the inflation data crept up ever so slightly after weeks of downtrend and getting everyone in good mood.

Meanwhile, what are your 4 hour clouds saying? Mine shows the indicators flattening (sideways) and the candle dancing above the cloud. Maybe the next candle or two will touch the Tenkan (as happened on 9-9-11 - another Friday (blue arrow)). SG in his "Timing the Markets" did say that 19-1-12 may be a swing high or swing low day.

 

[EagleOne]

I may be wrong...I don't know...Nifty is going all the way to 5500+...There, I said it. Silly me...

Time for 2-hour musical R & R. Good night, guys.