NIFTY 50 future TRENDS

[manoharpillai]

As per one of the rules 3 can not be smallest. As of now we have 1 bigger then 3 so to meet this rule 5 has to end arround 5220
regards

There are many interpretation let us wait and see how this correction unfolds.

 

[darshanshukla]

Dear Manohar,
Congrats all achieved for today...
Long term target understood that 4805 should not break if Bull trend to be continue but on upper side what is the level to be breached to complete the short term Bear trend.....
(hope you understood my query)
Thanks
Darshan

REF: (to 7458 Illustration) wave 5 have to break 5170 to form a new low and then start abc wave to complete this entire correction.
Please note this is an Intermediate correction inside bullish trend started from 4530 wave 3 ended at 5630 and now corrective wave 4 is in progress once this get over (should not breach 4805) the long term trend is up and will cross 5630 and make a new high in this year.

 

[4209211]

nahi aayega ........mr. 420.........

I deeply apologise for the typing mistake its 5240 and not 5040

 

[sudoku1]

After a brief reprieve from the 2G imbroglio, it seems Sanjay Chandras troubles are getting far from over. It is authoritatively learnt that Subramaniam Swamy the key trouble maker involved in spewing up the 2G storm is now ready to unleash another one. This one wont be a storm but a typhoon that may hit the biggest names in the New Delhi political circles. With legendary actor late Ajits famed Rabert believed to be named asthe biggest benami owner of Unitech and hence a key beneficiary of the 2G allotment to Unitech Telenor and the spectrum sale subsequently to Telenorby Unitech.

 

[stock72]

Ha !!!! hillarious ....

After a brief reprieve from the 2G imbroglio, it seems Sanjay Chandras troubles are getting far from over. It is authoritatively learnt that Subramaniam Swamy the key trouble maker involved in spewing up the 2G storm is now ready to unleash another one. This one wont be a storm but a typhoon that may hit the biggest names in the New Delhi political circles. With legendary actor late Ajits famed Rabert believed to be named asthe biggest benami owner of Unitech and hence a key beneficiary of the 2G allotment to Unitech Telenor and the spectrum sale subsequently to Telenorby Unitech.

 

[rkgoyal_98]

There are many interpretation let us wait and see how this correction unfolds.

Agreed that there are many different theories on EW counts
Regards

 

[manoharpillai]

Dear Manohar,
Congrats all achieved for today...
Long term target understood that 4805 should not break if Bull trend to be continue but on upper side what is the level to be breached to complete the short term Bear trend.....
(hope you understood my query)
Thanks
Darshan

Darshan Ji This down trend have to end around 5080 that is my prediction once it is done the market will go in to sideways probably some 100-150 point range for some days and then a new trend would start that will have to take out 5340/5455/ 5630 then the ultimate target 5900+ as long spot holds 4805.

TO all TJ members Please Note:Reading this levels Please do not trade Options Because i have no clear/specific time frame for these targets.

 

[manoharpillai]

This Auto Generated P&F chart Indicates Price Objective at 4900 let us see.

 

[darshanshukla]

Thanks Manohar sir,
If you telling me Darshanji I should tell you sir...

anyways thanks for your assumptions.
I trade option on intraday and weekly position very rarely monthly...
I do have position of sell in 5500CE and buy in 5700CE (Bear Call spread)
so I will be the happiest person if your target achieved in this month

What I presume from Option data is in near future (March) Nifty will not breach 5200 or will not close this month below it and ..... suppose (some if and buts) if weekly close below 5200 spot will take out 100-140 points in one or two days only so your target will again on Bang......
Happy trading Ahead,
Dr.Darshan

Darshan Ji This down trend have to end around 5080 that is my prediction once it is done the market will go in to sideways probably some 100-150 point range for some days and then a new trend would start that will have to take out 5340/5455/ 5630 then the ultimate target 5900+ as long spot holds 4805.

TO all TJ members Please Note:Reading this levels Please do not trade Options Because i have no clear/specific time frame for these targets.

One more thing to TJ members and T.Ravi specifically
according to GAP theory if weekly or monthly gap filled up by coming down from high it is to be sure
that market will go down below this gap for sure and thats why the gap is to be broken so who had bought
on filling of GAP should trade their position with strict SL is a FREE advise from gap theory.

 

[darshanshukla]

Boss Great.....
This something "kala akshar bhens barabar" for us means
only 1-2% of TJ members can read PF (point and figures) charts
but I'm really happy somebody is tracing it...
Keep it up bro,

This Auto Generated P&F chart Indicates Price Objective at 4900 let us see.