NIFTY 50 future TRENDS

[sudoku1]

NF trend UP

tgt > 5555

 

[timepass]

What does the weekly candle say (if u can see it in this chart) ?? "Can't keep me down" or "Can't keep me up" ??

 

[MurAtt]

Says "I'll go wherever I want, lets see someone stop me !

 

[SavantGarde]

Looks like an overdose of Viagra....!!!

What does the weekly candle say (if u can see it in this chart) ?? "Can't keep me down" or "Can't keep me up" ??

 

[timepass]

Says "I'll go wherever I want, lets see someone stop me !

मैं तेरे को ही ढूँढ रहा था, सबको very bullish signal, very bullish signal बोल कर सबकी CE की वाट लगा दी तूने.

.......

बुरा ना मानो, weekend है

 

[MurAtt]

I entered at dip u new my view from before - positive close - maybe did not happen BUT lots of baloo trapped

 

[TraderRavi]

I entered at dip u new my view from before - positive close - maybe did not happen BUT lots of baloo trapped

Bhaloo toh pata nahin but lots of Lalu trapped , above 5400....

 

[kiranjakka]

Forget the IIP: there’s free cash oozing out of every pore


http://www.firstpost.com/economy/fo...very-pore-209617.html?utm_source=MC_TOP_WIDGE

 

[timepass]

Forget the IIP: theres free cash oozing out of every pore


http://www.firstpost.com/economy/fo...very-pore-209617.html?utm_source=MC_TOP_WIDGE

The article is right. There's a lot of money, in the money markets. Europe is facing the same problem. The bankers have received a lot of money from ECB, but they don't really want to lend it to the manufacturers, traders etc. Why ? The economy is unsure. Same here.

I heard some analysis of IIP on CNBC and Latha was saying that the manufacturing has been poorer, but the December consumption has been better. So, what does it mean ?? Inventories are exhausted and there is money waiting for purchases, IMO.

 

[4xpipcounter]

Here's the weeklies:

Nifty 5505.24 5451.16 5418.58 5353.42 5320.84 5266.76


The market last week ran into a strong road block in the form of my WR1 at 5406. I said at the beginning of the week if it is touched then we head to the top of the weekly cloud at 5554. We did get a strong spike to the 61.8% level of WR1>WR2 at 5448, but the market failed to sustain the momentum.
My view remains the same. We are headed to 5554 before getting a sign of a sustained reversal. The only way that changes is a break of the UP 4-hour TL currently at 5280, so if that happens, next week's WS3 would need to be hit.

The market is also at some extreme levels, which might suggest we had a DOWN weekly TL head fake. It is at the top of the SD channel, bottom of the weekly cloud, with a doji formed in the vicinity. Yep, things look volatile. It will be an exciting week coming up.