NIFTY 50 future TRENDS

[Smart_trade]

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Nice Cartoon....but incorrect factually.....no one gets punished for asking questions, we dont always watch but the complaints make us see these posts....but continue anyway if that makes everyone happy....

ST

 

[4xpipcounter]

LOL, I said I'm not an artist. The 1 was referring to that peak.

Do you trade EW as your exclusive methodology?

Sry , ther i the EWave ploted 1 is marked in the wrong place. it is the last wav of the previous up trend.

i hope re placing the wave points will clear,

yes actly the way 5 is completed an now creating abc, in that A on road..

then also it can test 4861....

 

[4xpipcounter]

Smartrade, I can tell you are one of the nicest guys around. You got yourself in hot water by putting "moderator" under your name. It's like putting a big bullseye on your back.

Even at your expense, I gotta love Casper's cartoon. When I get done with this post, I've go to hit the "thanks" button for him. I'll do it for you too, just for being a good sport--lol.

Nice Cartoon....but incorrect factually.....no one gets punished for asking questions, we dont always watch but the complaints make us see these posts....but continue anyway if that makes everyone happy....

ST

 

[4xpipcounter]

Great pic! I don't know how your dogs got in there. Maybe they are all getting ready to chomp on a few toes because they like our general discussion. The cops do look unfazed.

Let's see. The guy in front looks a little dapper and sophisticated, so he would also be really smart, so he must be ST.
The guy in the back is big and fat and looks like he is on guard, so he must be SG.

I better post a chart, or I'm going to get in trouble--lol.

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[4xpipcounter]

The market stopped just short of the WR1. I mentioned in an earlier post that is exactly what is needed or it continues to 5554. Tuesday will tell the story for the imminent future direction. If we do get the reversal, then the TL rule was violated, as it was drawn off the weekly chart, and it was broken with all the rules in place. Strong initial support will be seen at 5195 which is the WS2/4-hour tenken combo.

adult image hosting

 

[Smart_trade]

Smartrade, I can tell you are one of the nicest guys around. You got yourself in hot water by putting "moderator" under your name. It's like putting a big bullseye on your back.

Even at your expense, I gotta love Casper's cartoon. When I get done with this post, I've go to hit the "thanks" button for him. I'll do it for you too, just for being a good sport--lol.

Thanks for your kind words Paul....

I never cared abut being in hot waters as I have no axe to grind....I thought that the people concerned will take it in right spirit but that it seems has not happened. But who cares ?? some people are vindictive by nature....so cannot help but I dont get intimidated by their manouvers... I will continue with my job whether they like it or hate it.....

Smart_trade

 

[4xpipcounter]

It looks like you went from one extreme to the other.
Your analysis is interesting. Even though we have sharply contrasting technical methods, they still yield the same basic results.

What is the significance in completing the "34 days"? Why can't it be 32 days or 35 days, or 22, or 51?
In other words, how did you come up with 34?

Where the nifty heading?​

Correction in this article
Sorry for the inconvenience, it was a wrong report which we send on last day It Was just due to the technical reason. Any way with explanation, am attaching the new way of nifty.
We saw a nice charming rally in nifty from 4538--5357.every third person talking about market target 5850--6200, but before that we have to test 50004861 once .
Here are some certain finding which I would like to bring to you mind.
Market started from its recent low of 4538 on 20/12/2011 and tomorrow
( 6/02/2012 Monday) market is goanna to complete its 34 days o f trading from recent low and coming week completing the 8th week from recent low.
I strongly believe the market should make a new high by this week and the same am expecting by Monday itself, if not this week it will make the high (maximum 54075557),there after retracement we can expect.
Even the price was not able to moves as per the oscillators and even it made a nice hidden divergence too. Which is not a good sign for market. I hope the market to reverse most likely by this week and we are heading to 5240--51705101--4861.
First sign of market to a target of 4900-4861 will be confirmed when it closes below 5240.
Below that bears will be the Kings.
The change expecting is that , Nifty has opened its way to bull way , by this point of time am expecting
In this coming budget we could get an unexpected budget one which we had not seen till now and will make a rally mood more higher. Things all if comes to point
Then we can see nifty heading to 6124-6334,

And what to do now is just take a break , on rise sell only and when it comes to 5240 catch buying , and one thing is there, we can see the nifty in its unexpected level by the end of June. No if & but

Thank You
Richesse Academy

 

[4xpipcounter]

Personally, I've never known you to have an ax to grind. Even behind the scenes, I've known you to be fair, cordial, and upfront.
I'm also very glad for that just because of this thread. I know there has been many sideshows and even protests to go with them, but there is still a reason this thread has 332,00 hits on it. I'm sure if you or the others had an ax in your hand, you'd be chopping this thread down to its roots.

Thanks for your kind words Paul....

I never cared abut being in hot waters as I have no axe to grind....I thought that the people concerned will take it in right spirit but that it seems has not happened. But who cares ?? some people are vindictive by nature....so cannot help but I dont get intimidated by their manouvers... I will continue with my job whether they like it or hate it.....

Smart_trade

 

[sudris]

It looks like you went from one extreme to the other.
Your analysis is interesting. Even though we have sharply contrasting technical methods, they still yield the same basic results.

What is the significance in completing the "34 days"? Why can't it be 32 days or 35 days, or 22, or 51?
In other words, how did you come up with 34?

@ paul: 8, 34 ...fall in the category of fibonacci numbers

@ pocsacademy: your elliot wave counts don't seem to be quite convincing...for example they exhibit the violation of the rule "wave 4 never crosses the territory of wave 1"

could you please post a fresh chart with proper counts?

 

[vikrit]

Disclaimer- this is offtopic post, no relation to nifty or trends, not trading advisable in nature. so just skip this. in anyway do trading by this then i will not be responsible for losses of any nature. And also even after reading this disclaimer, continue reading then you are the only person responsible for loss of time and/or your other assets if any will happen.

@ all of you (including mods)

while reading all the posts till today's about "those things", thinking wow! what a heat, what a human (non trading) psychology experience! nobody is wrong, in fact everybody is right as their angles of view except the angles are double standards. too many things came, laughed at some points, was not expecting some, cant put all in words so trying thru images. these are NOT in posts sequence. these are just food for thought & for fun