NIFTY 50 future TRENDS

[detrich]

what i see in charts and patterns in intermediate to short term is a very trading phase which will continue till this series key levels are at 5200 to bottom and on upside to 5600. For this week i will look out for a strong movement above 5400. But bear in mind the long term pattern is descending triangle which is bearish

 

[reachjesal]

5437 should be s tough nut to crack !!!

13-03-12 SPOT NIFTY RES/SUP....On record Spot nifty High 5420 below are the levels based on this input.(weekly R1-5420)

R3-5437 R2-5411 R1-5390 PIVOT-5369 S1-5342 S2-5316 S3-5295

 

[4209211]

13-03-12 SPOT NIFTY RES/SUP....On record Spot nifty High 5420 below are the levels based on this input.(weekly R1-5420)

R3-5437 R2-5411 R1-5390 PIVOT-5369 S1-5342 S2-5316 S3-5295

Manohar bhai i feel 5520-5550 is the next halt for nifty it may close on highs of day but next tgt is 5520-5550 (nifty fut March series lvl) please reply and say what u feel

 

[manoharpillai]

5437 should be s tough nut to crack !!!

Spot nifty 5437/5465 are the level to watch out fail to go above this level will result in nifty going below resent low of 5170 on the other hand successfully stay above this level at least 2 trading sessions will result in crossing resent high of 5630 position your trade accordingly. The technical view could change drastically due to expected high volatility during this week. Trade with proper SL.

 

[manoharpillai]

Manohar bhai i feel 5520-5550 is the next halt for nifty it may close on highs of day but next tgt is 5520-5550 (nifty fut March series lvl) please reply and say what u feel

161.8% Upper Retracement Level 5914.28
Upper Value 5630
61.8% Retracement Level 5454.28
50.0% Retracement Level 5400
38.2% Retracement Level 5345.72
23.6% Retracement Level 5278.56
Lower Value 5170
161.8% Lower Retracement Level 4885.72
61.8% Retracement Level at around 5460 hence the correction completed at that level the rule states 100% (5630) and beyond

 

[4xpipcounter]

Hi Jesal. I guess you found out that nut was an old softy.
5489 is on the radar. Watch for 5512. If it gives out, hmmm hmmm.

5437 should be s tough nut to crack !!!

 

[reachjesal]

Paul I meant the Nifty Index and i think you are referring to the nifty futures contract ( March-2012 contract)

thanks

Hi Jesal. I guess you found out that nut was an old softy.
5489 is on the radar. Watch for 5512. If it gives out, hmmm hmmm.

 

[4xpipcounter]

I don't know what it is. It comes from the usual chart I post.

Paul I meant the Nifty Index and i think you are referring to the nifty futures contract ( March-2012 contract)

thanks

 

[rkgoyal_98]

I don't know what it is. It comes from the usual chart I post.

Index the base on which futures are traded
at present there is difference in base and futures of about 30 points
Regards

 

[4xpipcounter]

Thank-you, RK. This is what I was referring to and what I based my analysis on.

gif image hosting

Index the base on which futures are traded
at present there is difference in base and futures of about 30 points
Regards