NIFTY 50 future TRENDS

[manoharpillai]

61.8% Retracement Level 4950.2
50--% Retracement Level 5080
38.2% Retracement Level 5209.8
23.6% Retracement Level 5370.4
Fibonacci 38.2% is at 5209 always considered to be normal correction in any trend.... below this level is trend reversal .

38.2% Level 5209 achieved

 

[anilnegi]

38.2% Level 5209 achieved

it has been seen if 38.2% has been taken out, more chances of any scirpt to go upto 50%, is it right.

 

[RAAMAKANT]

Yaah, Today was Mr. Paul's Candle Day......... Oops, :lol:
as Mr. Paul forecasted Longest Candle Day.
i.e. High to Low more than 168 Point move. :thumb:

 

[trader15]

38.2% Level 5209 achieved

Given the way global markets crashing overnight.. seems we might reach the 50% correction tomorrow itself..

bole to lag lagi lanka...

 

[vinst]

Given the way global markets crashing overnight.. seems we might reach the 50% correction tomorrow itself..

bole to lag lagi lanka...

not much may happen in nifty tomorrow.

 

[msa5678]

not much may happen in nifty tomorrow.

....because it has happened already today. Nothing left for tmrw.

 

[4xpipcounter]

The market closed at 5231, which is right at the weekly TL. The market can move lower the rest of the week, because all spikes are allowable, but it needs to end the week above the TL in order for the UP to resume. If it does not contain, then we have an extreme volatile mix.
The weekly kijun is 5083. If it is so much as touched, then the market heads much lower.

image hosting gif

 

[Sridhar795318]

The market closed at 5231

All your numbers are for Futures only and never spot, is that right?

The close for me is 5234.35, so for all your numbers should I add 3?

 

[manoharpillai]

12345 formation chart attached wave 4 is in progress

 

[sudoku1]

*. MCX to list on Friday