NIFTY 50 future TRENDS

[uttamkamlesh]

NF: 28 lakhs buyer and 8 lakhs seller! which one will be final jack for intraday?

Good to see you too tracking this data....:thumb:

 

[uttamkamlesh]

Uttambhai, your 1-3 and 2-4 are almost parallel, making a sort of channel. Is it really a WW ?? What are the chances of a Wolfe Wave not working out ? Can we have an OTOH scenario.

1. Yes! it is a WW for me....

2. Volume CONFIRMATION is there...at point 5 volume is max => turning point (disagreement between smarts and dumbs) and today volume reduces..that's all required.

3. and it is with the trend...

4. Lines are not diverging for sure..they are converging somewhere...the same case happened after Lehmann crash, WW was not visibly converging but for sure it was not diverging...and it worked from 3000 to 4500...chart is there in my thread...at the start somewhere....

5. also market psychology is perfect for WW....(a) Turtle have been caught...(b) Swing Low shorters have been caught......Ashwini Gujral yesterday morning was saying if 5170 is taken means there will be a serious question on NIFTY if this is the start of the bull market or not...

Chances of success are bright and this was the LONG entry i was waiting for...a correction in A-B-C form to approx 5100....this is my swing trade.

OTOH scenario...this move will be on lower volumes for 2-3 days then at 5500 to 5600 volume may incraese that day is the time to exit....

 

[praveen taneja]

1. Yes! it is a WW for me....

2. Volume CONFIRMATION is there...at point 5 volume is max => turning point (disagreement between smarts and dumbs) and today volume reduces..that's all required.

3. and it is with the trend...

4. Lines are not diverging for sure..they are converging somewhere...the same case happened after Lehmann crash, WW was not visibly converging but for sure it was not diverging...and it worked from 3000 to 4500...chart is there in my thread...at the start somewhere....

5. also market psychology is perfect for WW....(a) Turtle have been caught...(b) Swing Low shorters have been caught......Ashwini Gujral yesterday morning was saying if 5170 is taken means there will be a serious question on NIFTY if this is the start of the bull market or not...

Chances of success are bright and this was the LONG entry i was waiting for...a correction in A-B-C form to approx 5100....this is my swing trade.

OTOH scenario...this move will be on lower volumes for 2-3 days then at 5500 to 5600 volume may incraese that day is the time to exit....

Sorry bro for interrupting I read most of post of u guys but whenever I read name of this human cabbage who is president of our Tukka Maaru ASSOCIATION It make me laugh as none of his recommendation goes right:lol:

If he says nifty going to break 5000 like he was saying two three days ago on TV i bought 5200 calls instantly and got good profit so use this AG for contrarian trade:rofl::rofl::rofl:

 

[Sultaan]

1. Yes! it is a WW for me....

lol by no means that is a ww, 5th pt does'nt even contact the tl, there were many signal for rally including a pending ww in hourly for 5400+ target but that surely is'nt a ww, maybe considered a sffp :annoyed:

 

[tomjerry]

Nifty Spot weekly chart looks like making a new down trend channel if it does not break out on upper side in coming weeks! (Yellow circles: points used to draw channel lines)

 

[manoharpillai]

38.2% Retracement Level 5286.62 ..SPOT NIFTY CLOSING ON TO THIS RETRACEMENT LEVEL AND THIS COULD BE TL BREAK OUT FOR UPSIDE WILL POST CHART AFTER THE CLOSE
ANOTHER 100 POINTS WOULD COVER 61.8% Retracement Level 5383.38

The commencement of this wave is from 4531 on 20-12-2011 ...wave III made high at 5630 that will succeed by wave-V... wave IV is corrective wave probably ended at 5130 the 100% confirmation is break out of 5499 but Fibo retracement level 61.80 5386 also be considered as break out.
8 EMA at 5249
Let us see what market tells us on Monday till then Have pleasant week end bye..

 

[uttamkamlesh]

lol by no means that is a ww, 5th pt does'nt even contact the tl, there were many signal for rally including a pending ww in hourly for 5400+ target but that surely is'nt a ww, maybe considered a sffp :annoyed:

thanx Sultaan for pointing out...I found this chart in Wolfe Wave manual from Bill Wolfe's WW course.

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[praveen taneja]

Today is Earth Hour.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Please switch off all your Lights & Electrical appliances between 8.30pm to 9.30pm.

ACT TODAY FOR A BETTER TOMMORROW

 

[sudoku1]

Today is Earth Hour.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Please switch off all your Lights & Electrical appliances between 8.30pm to 9.30pm.

ACT TODAY FOR A BETTER TOMMORROW

why 2day only..?!.do it evryday

 

[saivenkat]

Today is Earth Hour.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Please switch off all your Lights & Electrical appliances between 8.30pm to 9.30pm.

ACT TODAY FOR A BETTER TOMMORROW

No Earth Hour need to be implemented.. here.. what electricity are we going to save.. by just switching off all electrical appliances for one hour..What good are we going to do to mother earth by this..? hmm.. nothing..

So with this in mind .... our Electricity board ( in my state) implements EARTH HOUR DAILY FOR .. FOUR TO SIX HOURS..

Dhubara pado bhai... its for four to six hours.. we have no electricity.. power off..:annoyed:..and with temperatures already saring as high as 40 degree centigrade.