NIFTY 50 future TRENDS

[Sridhar795318]

( i am allowed only 100 kb space for charts i have to delete the old one to post the new one)

Imgur has a small app called ImgurUploader which uploads pics from pc to Imgur and provides links (all this without you visiting imgur.com).

After ImgurUploader is done uploading, it will show a window like this:

Where it says "choose a format:" usually I select "Simple List (Originals)".
Click on "copy upload information to clipboard". Now you can paste it between tags in message as usual.

[url]http://imgur.com/tools[/url] has more tools for uploading.

 

[manoharpillai]

Medium-term trend in the Nifty (5,317.9) too is up since the trough formed at 4,531. The index needs to record a strong close below 5,200 to signal that the medium-term viewcan deteriorate and the index can slide lower to 5,080 or 4,950.

If the index manages to hold above 5,200, it will mean that the second wave from December trough is in motion with the possibility of the third wave breaking higher to 5,850 in the months ahead.

Our medium-term view will turn negative only if the index goes on to close below 4,950.

Long-term trend in the Nifty is sideways. The correction from 6,335 peak halted after the index had retraced 47 per cent of the previous long-term uptrend.

It is possible that a long-term bottom was formed at this level. However rallies will face resistance around 5,650.

Inability to move beyond this level will result in the index moving in a wide trading band between 4,500 and 5,630 in the months ahead.

The Nifty halted Friday's slide at short-term support at 5,296.

It is possible that the index reverses higher from here to move on to 5,508 or 5,634.

Fresh short positions can be initiated if the index moves below 5,295. Subsequent targets are 5,216 and then 5,041.

THE HINDU BUSINESS LINE 18TH MAR. 2012

 

[pshirurkar]

HI SudoKu1,
Bro With this budjet still you expect nifty to cross 5555 in near term?

 

[sudoku1]

NF trend DOWN

tgt > 5222

 

[sudoku1]

NF trend DOWN

tgt > 5222

surprise surprise !!! bt traking for d depth frm d retail side which i giv d most weight of all my analysis , it seems dat retail is in panic mode & any upsides wil hav 2 show real strength in terms of participation by retail. dats why u see dat even aftr massive net FIIS buying since a week d mkt refused 2 bulge up !!

 

[timepass]

NF trend DOWN

tgt > 5222

surprise surprise !!! bt traking for d depth frm d retail side which i giv d most weight of all my analysis , it seems dat retail is in panic mode & any upsides wil hav 2 show real strength in terms of participation by retail. dats why u see dat even aftr massive net FIIS buying since a week d mkt refused 2 bulge up !!

Phew.......... Doubly and triply thanks, Sudoku.. you made my day (and a Sunday too!!).. I purchased 5300PE @72 in the last 30 minutes of Friday.

 

[MurAtt]

surprise surprise !!! bt traking for d depth frm d retail side which i giv d most weight of all my analysis , it seems dat retail is in panic mode & any upsides wil hav 2 show real strength in terms of participation by retail. dats why u see dat even aftr massive net FIIS buying since a week d mkt refused 2 bulge up !!

From when have retail started moving the markets sudoku ?
Rather it is always that whe retail is in panic mode that the markets have tended to rise with a vengeance cutting all shorts short !!!!!

Phew.......... Doubly and triply thanks, Sudoku.. you made my day (and a Sunday too!!).. I purchased 5300PE @72 in the last 30 minutes of Friday.

Me went long 5300CE at almost EOD.

 

[timepass]

...Me went long 5300CE at almost EOD.

Thanks for the tip I am banking on a gap down opening to book profits in this.

 

[MurAtt]

Thanks for the tip I am banking on a gap down opening to book profits in this.

Twas not a tip - twas just a show of position as yours

 

[timepass]

Twas not a tip - twas just a show of position as yours

I know.. knew it before posting, but what to do, Sunday evening and there's the lunch break in India-Pak match going on in Bangladesh

BTW, I also bought USD/INR 49.5PE at 0.10..