NIFTY 50 future TRENDS

[anilnegi]

D lone BEAR
http://www.economonitor.com/blog/2012/02/richard-russell-dow-10000-to-be-tested-soon/

Soduko,

R u revising target now as 5600 has achieved

anil

 

[trader15]

Soduko,

R u revising target now as 5600 has achieved

anil

New target : 5842

 

[anilnegi]

New target : 5842

trader

what about this than

D lone BEAR
http://www.economonitor.com/blog/201...e-tested-soon/

 

[trader15]

trader

what about this than

D lone BEAR
http://www.economonitor.com/blog/201...e-tested-soon/

yaar 5842 for feb series: just joking....

 

[sudoku1]

NF trend UP
TGT 5666

 

[Wiz]

D lone BEAR
http://www.economonitor.com/blog/2012/02/richard-russell-dow-10000-to-be-tested-soon/

put me in that group
expecting nifty to test the 4600-4700 levels again in the coming months.

 

[sanjosedesi]

put me in that group
expecting nifty to test the 4600-4700 levels again in the coming months.

Would you share your reasons?
Of course anything is possible in the markets, but for this to happen, the FIIs have to pull their money out.

 

[manoharpillai]

Spot Nifty Weekly
R2-5757 R1-5651 <<<< Pivot-5501 >>>> S1-5395 S2-5245
Watch Pivot 5501 very crucial level for the up trend to continue closing below this level ....yes S1 may be tested in that case nifty expected to move in the range of 5400-5600 till expiry.
On a bullish note 5501 held on possibility to test R2- 5757
Have Pleasant week end.

 

[timepass]

Spot Nifty Weekly
R2-5757 R1-5651 <<<< Pivot-5501 >>>> S1-5395 S2-5245
Watch Pivot 5501 very crucial level for the up trend to continue closing below this level ....yes S1 may be tested in that case nifty expected to move in the range of 5400-5600 till expiry.
On a bullish note 5501 held on possibility to test R2- 5757
Have Pleasant week end.

As per 315 strategy, Nifty has to meet its 15EMA (currently at 5383) in the coming week. It did not meet its 3EMA on Friday and maybe the uptrend will continue on Tuesday, maybe not. I doubt if the 15EMA will rise up 200 pts in next 3-4 days, so maybe a 100 point fall in NF will be seen, maybe more. The chances are more of the index moving towards the EMA rather than the other way around.

 

[sanjosedesi]

As per 315 strategy, Nifty has to meet its 15EMA (currently at 5383) in the coming week. It did not meet its 3EMA on Friday and maybe the uptrend will continue on Tuesday, maybe not. I doubt if the 15EMA will rise up 200 pts in next 3-4 days, so maybe a 100 point fall in NF will be seen, maybe more. The chances are more of the index moving towards the EMA rather than the other way around.

Yeah I read about it last week. Interesting stuff. Couple of points ...
#1. I think he calls it "market correction strategy" or "greater fool zone". 315 is the overall strategy.
#2. I read only a few pages and I did not find it there. But I am curious as to its application to stocks or indices other than Nifty. Do you know if it is documented / tested in some thread / post?