NIFTY 50 future TRENDS

Status
Not open for further replies.
If it doesn't happen.......... bahot joote padenge tereko :D :D
HAha , bhai jooton ka pura kamra bhara hua hai :rofl:

Yaar pata toh hai tujhe , wohi bolta hu jo dekhta hu. Aur galat sahi prove karna to market ka kaam hai.

Greats like "Sir Livermore" too were beaten many times as market is the Supreme force , no one can beat it we just can try to flow with it
 


Upper Value 5630
61.8% Retracement Level 5232.72
50.0% Retracement Level 5110
38.2% Retracement Level 4987.28
23.6% Retracement Level 4835.44
Lower Value 4590
Close above 8ema (spot 5253) is essential to restore the trend and to move UP....
March series went in from sideways to down (marked in blue)... above are the Fibo levels

Physiologically 5170 been created as level i said it earlier once some levels are established as strong levels that is bit of worry for retail side .. once that level breaks panic sets in that is where smart money plays big role.
Probably Nifty may settle at 50% Retracement Level -5110..
 

anilnegi

Well-Known Member
Uttam ji

if 38.2% - 5233 broken we can easily headed toward 50% - 5110 from upper side (i must say), but last time nifty broke those level on 7th march, it goes to 5500 appx.,




Upper Value 5630
61.8% Retracement Level 5232.72
50.0% Retracement Level 5110
38.2% Retracement Level 4987.28
23.6% Retracement Level 4835.44
Lower Value 4590
Close above 8ema (spot 5253) is essential to restore the trend and to move UP....
March series went in from sideways to down (marked in blue)... above are the Fibo levels

Physiologically 5170 been created as level i said it earlier once some levels are established as strong levels that is bit of worry for retail side .. once that level breaks panic sets in that is where smart money plays big role.
Probably Nifty may settle at 50% Retracement Level -5110..[/QUOTE]
 
Uttam ji

if 38.2% - 5233 broken we can easily headed toward 50% - 5110 from upper side (i must say), but last time nifty broke those level on 7th march, it goes to 5500 appx.,




Upper Value 5630
61.8% Retracement Level 5232.72
50.0% Retracement Level 5110
38.2% Retracement Level 4987.28
23.6% Retracement Level 4835.44
Lower Value 4590
Close above 8ema (spot 5253) is essential to restore the trend and to move UP....
March series went in from sideways to down (marked in blue)... above are the Fibo levels

Physiologically 5170 been created as level i said it earlier once some levels are established as strong levels that is bit of worry for retail side .. once that level breaks panic sets in that is where smart money plays big role.
Probably Nifty may settle at 50% Retracement Level -5110..
Dear Anil...i am waiting for a LONG entry for swing trade.

5170 has become CRUCIAL now...with 30 min WW still active...

I will not trade for 5100 as target in case 5170 is taken out....let me wait for the TREND to assert itself.
 

anilnegi

Well-Known Member
Dear Anil...i am waiting for a LONG entry for swing trade.

5170 has become CRUCIAL now...with 30 min WW still active...

I will not trade for 5100 as target in case 5170 is taken out....let me wait for the TREND to assert itself.
uttam ji

as per WW we should have taken a long on 30 minute chart, i am referring yesterday chart, which is still intact today, not understand this (i am waiting for a LONG entry for swing trade)
 


Upper Value 5630
61.8% Retracement Level 5232.72
50.0% Retracement Level 5110
38.2% Retracement Level 4987.28
23.6% Retracement Level 4835.44
Lower Value 4590
Close above 8ema (spot 5253) is essential to restore the trend and to move UP....
March series went in from sideways to down (marked in blue)... above are the Fibo levels

Physiologically 5170 been created as level i said it earlier once some levels are established as strong levels that is bit of worry for retail side .. once that level breaks panic sets in that is where smart money plays big role.
Probably Nifty may settle at 50% Retracement Level -5110..
The chart posted for the purpose to know that the entire march series price traded above 8 ema just only 4 days rest all below it that clearly gives an idea Spot nifty have to strongly close above 5250 level to become +ve till then down trend to continue is my observation..
 
Status
Not open for further replies.

Similar threads