NIFTY 50 future TRENDS

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4209211

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Guys this is just a small research from my side i hope readers will welcome it

1.3%+
2.9%+
4.3%+
2.3%+
2.1%+
2.58%AVG


2.7%+
2.5%+
3.8%+
3.1%+
2.3%+
2.88%AVG


what we are seeing is the exactly same happned on 2010 september-october where we rallied from 5348-6153 in 5 weeks and +2 which were equal to nothing

same happned now where we rallied from practically 52 weeks low of 4531-5334 where same we rallied only 803 points and same we rallied above is 805 points so if we se a doji next week and followed by a bearish hammer and a red bullish hammers + a doji means cmming 4 weeks we should consolidate and be in a range of 5450-5250 then a breakout of upto 5600 and then will a trend be decided same look aloke candles are found in past and if candles are trying to repeat itsef then let a dense forest of bears around 5550-5600 reach then a trend will be decided may be we enter a bull market or resume bear market lets wait and watch
because we have no other option rather than that so one thing is confirm either be a option seller or be a nifty player kam marjin hai toh play in mini nifty but dont go long in some deep in the money options loss will be loss but less and profit will be profit but more then loss and there are many big techies to help where nifty is heading

candles looks same if any one can see see and tell me is there any difference

i dont like contra trading or going against the trend but untill we dont see a closing above 5400 i dont see any powerful up trend and also do remember if we close above 5400 doors open for 5500-5550 and a closure above 5700 will lead to a break out of 1000 points or 1169 points but lvls were also removed when nifty broke 4600 on down side all said now niffty wentttt in gutt** now 4400 then 4200 then once 4000 is broken see 3200-2800 all nonsence and bu ll sh it so better is follow the trend which is ongoing and sail with the flow

it is never necessory that we should fall and rise or make a long term consolidation or atleast a 4-6 weeks consolidation to enter a bull market from a bear market when we just start making Lower Lows and Lower highs from a very next week of a full fledged bull market so same can also reverse
 

anilnegi

Well-Known Member
sorry am ubnable to put the chrt, go to daily chart fibonaci time seris 34 days will complete 2maro, and in weekly 8th candle, , and hidn divrgc u can find in daily , weekly, , as previous swing high was 5402 and and osiltr moved baove that peak high , but price not movd up.. ,and more over daly & wekly charts was making convrgce whn it was 4600 levls as a result, and it revrsd, but still monthly chart not completed its 5th wave..


i am not doubting your divergences but i seriously doubt the level of 4500/4900.market will definitely correct within 4-5 sessions.
 
sorry am ubnable to put the chrt, go to daily chart fibonaci time seris 34 days will complete 2maro, and in weekly 8th candle, , and hidn divrgc u can find in daily , weekly, , as previous swing high was 5402 and and osiltr moved baove that peak high , but price not movd up.. ,and more over daly & wekly charts was making convrgce whn it was 4600 levls as a result, and it revrsd, but still monthly chart not completed its 5th wave..
Sorry, couldn't understand it properly but I get your idea that a bit more upmove and then huge downmove (whether swing or downtrend, not sure). Attaching the graph from your pdf file. You can also try www.tinypic.com or www.imageshack.com for uploading images.

 
never, it will not come 4-5 sessions,( but chance are there, as it creating its 8th week candle.so i belive in fall) first it shuld closed below its 8 D ema, Then only expect e reversal. As per my menthhod each and all indicators will give me a aconfirmation, like many on follows trend line , H&S , even it break outs it fails to move as per theory , but i have a clear vison on this One thing is sure by JUNE last we are going to See an unexpected level.
Thanks. We are looking forward to your continued updates.
 
PA, I'm now doubting your conjecture in the least, especially if the rally is halted at under 5400. I think it becomes more of a sticky issue if we make it to 5554.
Regardless, there will be some consolidation once the market gets back to the 4900's.


market moves only with Elliot waves,, and NIFTY MONTHLY CHARTS showing 4th wave is creating and now we can see 5th wave which will ends @ 3900 leves+++, and mover over in monthly chart the 2nd wave re-triced 768 points and now in this 4th wave 803 points alrdy re-triced .so no more rally any more...
 
PA, I'm not an Elliot Wave chartist, even though I have a basic understanding of it. LOL, I'm not an artist either.

Would you not agree that depended on how you would draw the waves, you would already have 5 waves down, as per my diagram, and so this would be the 1st leg of a new trend? Once this leg of the UP is finished, then your would get <> a 61.8% retracement of the whole current leg, and then another leg north to a lesser degree than the 1st.
This is not my view, but I am asking the Q to you viewing it through the eyes of EW.

BTW, this is my demo account. As by the current trade my demo is getting hammered. My demo was closed because of inactivity, and this demo is the only one I need because of Nifty, so I have to let them know I'm around.


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