NIFTY 50 future TRENDS

[trdstudent]

Yes.This one made by KAVIMA in "Nifty Entry,Exit..." thread , and i'm all ears to know Mano-ji's view on this.

Manohar bhai this is my first attempt to remove daily Support and resistance from last 5-8 times i am seing i did not post but our lvls are matching without even a paisa difference so please correct me if i am wrong
all lvls are of spot nifty
R3=5367.817 R2=5322.583 R1=5303.717 *PIVOT* 5268.483 S1=5239.617 S2=5204.383 S3=5175.517

IF nifty crosses and closes below s3 then 5117.717 is the final down tgt and same if we go up and close above r3 then 5390.383 and 5440.067 is last upside tgt

following is the image attached the image is not made by me but its good for information purpose on trading with median lines

 

[trade4joisar]

Spot nifty weekly

r2-5567 r1-5442>>>>pivot-5373<<<< s1-5232 s2-5179

So today it returned perfectly from weekly S1 (low 5233.25). :thumb:

What can be expect now?

 

[manoharpillai]

4209211 Perfect This is the levels we have to trade tomorrow.

5240 i.e S1 is giving good support till now and 5320 is break out point on the up side as long spot trade below 5320 all down side targets are open as i said it before will break resent low of 5170 and my target is 5080 intermediate sup.below 5248 at 5214-5180-5080
I have not taken any positional trade yet waiting for this down move complete it's course
playing intraday as per Pivot levels.

 

[anilnegi]

Manohar bhai this is my first attempt to remove daily Support and resistance from last 5-8 times i am seing i did not post but our lvls are matching without even a paisa difference so please correct me if i am wrong
all lvls are of spot nifty
R3=5367.817 R2=5322.583 R1=5303.717 *PIVOT* 5268.483 S1=5239.617 S2=5204.383 S3=5175.517

IF nifty crosses and closes below s3 then 5117.717 is the final down tgt and same if we go up and close above r3 then 5390.383 and 5440.067 is last upside tgt

following is the image attached the image is not made by me but its good for information purpose on trading with median lines

sir

you have taken line from all lows but not from all highs is there any specific reason for that, just curious to know

 

[TraderRavi]

I m too counting but spot shud not fall below 5170 for my counts to remain valid......
nifty is in 5(ii) acc to my EW counts....

still valid..........

 

[trader15]

still valid..........

absolutely valid... 5165-5170 levels.. rock solid...

 

[manoharpillai]

50 SMA-5252
100 SMA-5074
200 SMA-5159...
5 SMA---5338

the Trend is down as on date i keep my option open as per trend.

Don't bother of anything as long you make winning trade

 

[manoharpillai]

Why i am so specific about 5320 break out point..
http://imgur.com/02i4b
Thanks TP is it ok.

 

[anayash]

Why i am so specific about 5320 break out point..
http://imgur.com/02i4b
Thanks TP is it ok.

Also...when you post a chart...please use the "Forum Link" and paste it here...so that the chart is visible on TJ itself...you don't have to click the link to go to the chart! :thumb:

 

[4209211]

http://imageshack.us/*
use this website and when u upload the image u get an option of forum code just click there and copy the link and past it here
at the time of upload just make sure u choose to either dont resize or select a suitable option like 800x600 or optimise wihout resize and after u upload click on forum code copy the image and pase here
so that we can see ur image here
*I am sorry for providing externel links but is requeired in case of manohar bhai kindly apologise me