NIFTY 50 future TRENDS

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@TP

hehe :D bhai... Golmal hai bhae sab golmal hai :lol:

but i think my screenshot of IIFL Tick list is showing wrong data of that particular entry .. because its really a too much qty ... but even then who knows :rofl: :D hehehe
There is a time gap of 52 minutes in your tick list. After 2.21 it is showing 3.13. The quantity may be the total of the quantity of this period.

The funny thing is, I downloaded the whole ticklist from Sharekhan TT, and the total quantity for the period 14:21:14 to 15:13:10 is 5763850, whereas your ticklist shows 7913250. It's a huge difference.

 
Tomorrow Unwinding could take Nifty to 5430 spot if fail to trade above 5540 I expect Spot to close below 5500
Expecting a reversal, is everyone ?? Maybe, maybe not. Nifty has bounced off its 8EMA earlier in this uptrend.

 
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.
Nearly 20 trading days, today spot Nifty closed below daily Pivot level which is at 5540 for tomorrow, spot had tested 5630 which close to weekly R1-5651 and reversed and closed at weekly Pivot 5501 so my expectation is if Spot Nifty fail to move above Tomorrow Pivot 5540 possibility to drift down close to 5400.
 

anilnegi

Well-Known Member
Expecting a reversal, is everyone ?? Maybe, maybe not. Nifty has bounced off its 8EMA earlier in this uptrend.

this is 2nd time in this uptrend nifty has closed below previous two days low, the earlier one when nifty closed around 5087, what happened after that everybody knows.

anil negi
 

RAAMAKANT

Well-Known Member
5440 is the kye level now. If nifty closes below 5440 then we will continue the trip for BEAR mkt ... so watch carefully the level 5440 on closing basis tomorrow.
 
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