NIFTY 50 future TRENDS

[TheDreamer]

Nifty just happened to touch 5383 and is moving back down...

OMG!!! Luk who is here!!! wow... wow... wow... :thumb:

 

[manoharpillai]

Achieved within 5 min of your post boss
Great....
What next???

Spot 5357 is Pivot ...Posted Levels yesterday for today's trader
Please always remember Pivot Is very strong indicator, Market either move from Low that is Sup.2 Sup.1 and then to test Pivot similarly moving down from R2,R1 and then test Pivot (as it Happened today) Breach of every level have to sustain minimum 15 minutes if so then the move will take it to the next level some time its very fast so take the previous level Res.or Sup. as Sl and remain with your positions. Day trading profit of 25 to 30 points are always good have to book profit and enter again at the right level.
Happy trading

 

[Sridhar795318]

Spot 5357 is Pivot ...Posted Levels yesterday for today's trader
Please always remember Pivot Is very strong indicator, Market either move from Low that is Sup.2 Sup.1 and then to test Pivot similarly moving down from R2,R1 and then test Pivot (as it Happened today) Breach of every level have to sustain minimum 15 minutes if so then the move will take it to the next level some time its very fast so take the previous level Res.or Sup. as Sl and remain with your positions. Day trading profit of 25 to 30 points are always good have to book profit and enter again at the right level.
Happy trading

Sir, Please suggest what to do if I want to hold a small position overnight.

 

[manoharpillai]

Sir, Please suggest what to do if I want to hold a small position overnight.

Ref: Post 7082

For coming week Spot Nifty levels
R2-5713 R1-5571 PIVOT-5488 S1-5346 S2-5263

Positional Down target was achieved on Monday itself... just see the low on Monday(5268)
Long only close above 5488 spot or keep Sl at 5346 for long position trade as per the above weekly levels.
I have no positions closed all my shorts at 5357.

 

[sudoku1]

NF trend DOWN

tgt > 5222

 

[anayash]

Bank Nifty chart...Target 1 - 9800...Target 2 - 9400!

 

[RAAMAKANT]

IMO, First There are 2 Good Supports at 10350 & 10200. If they gone then and then only VERTICAL FALL to Direct 9600 .

Bank Nifty chart...Target 1 - 9800...Target 2 - 9400!

 

[4xpipcounter]

The UP TL that I spoke of earlier contained perfectly. Not only that, but with the new downtrend (DOWN, as in the 4-hour, not the bigger picture.), price action was contained perfectly under the apex. So, we had the break of the TL, correction back to the TL, and now we are back in the new trend. As I mentioned before the swing low at 5324 is expected to be broken, as we head further south towards circa 5224.

I was just reminded of something. When I first started trading, my silent mentor was Max McKegg. I also tracked the forecasters at Action Forex closely. If Max and AF agreed, that was your confluence. I just noticed Sudoku's level at 5222. Mine is 5224. There's your confluence. Wouldn't it be something if the dip was 5223?

image hosting gif

 

[4xpipcounter]

The monthlies for March:

Nifty 5907.37 5691.31 5561.15 5300.85 5170.69 4954.63

 

[timepass]

...Wouldn't it be something if the dip was 5223?

Ha !!! It will prove that both of you were wrong :rofl:

:clap: