NIFTY 50 future TRENDS

[darshanshukla]

Boss of the thread is Back in Action now......:thumb:

NF Trend DOWN


tgt > 4999

 

[vmktrade]

3EMA did not touch EOD candle....can we expect a gap down

 

[timepass]

3EMA did not touch EOD candle....can we expect a gap down

I think so too. But the rule says that it can go without touching 3EMA for 2 days, so maybe one should be cautious with shorts early in the day.

 

[sudoku1]

absolute #$%#%$#%$#$%$ day:annoyed:

.
Todays Nifty Future VolumeLowest of Last 33 Days !!!

 

[manoharpillai]

161.8% Upper Retracement Level 5722
Upper Value 5500
61.8% Retracement Level 5362
50.0% Retracement Level 5320
38.2% Retracement Level 5277
23.6% Retracement Level 5224
Lower Value 5140
161.8% Lower Retracement Level 4917
Spot nifty done with Fibo levels..and any correction from here what was retracement level before could offer support now.
TL also indicate 61.8% retracement 5362 as Res. we have to wait for this level to
crossed convincingly

 

[rajasree1]

My SRs for 04/04/2012 : 5367-5353-5328-5287
Trying to play with less SRs and 4 Hrs TF as today with 1 point diff (spot) :5371.4(5372.10) and 5345.65(5344.7).
Try to follow 4Xpip Sir.

 

[uttamkamlesh]

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The move from 5136 to 5380 today is the new impulse w1 of W5...so w2 is a welcome...forced by bearish TL (red) as shown in the chart....NIFTY is a BUY at 50% correction of this impulse....tomorrow may be a down day.

As happens with WW, volume would be lighter when it progresses for EPA then one day it increases heavily...the day to exit.

 

[rahul701]

Resistance: 5383.89 5402.25 5420.64 5439.06 5457.52
MIDPOINT: 5347
Support: 5329.00 5310.77 5292.56 5274.39 5256.25

I closed all my positional Long will wait to go long only above 5380

So Raise hands who went long @(above) 5380 :clapping:

 

[ladakhrider]

nifty has moved far away from 50 sma on hourly as this move was without retracement till now, it may come down little bit, maybe about 5300. plus the gap 2 days back has made nifty highly overbought. but i think according to daily tf, holding on to long positions will be a good idea.

 

[manoharpillai]

So Raise hands who went long @(above) 5380 :clapping:

Levels are spot levels Nifty yet to cross 5380..!!
3-04-12 OPEN: 5,353.20 HIGH: 5,378.75 LOWS: 5,344.45
There is no question of raising hands when price did not hit 5380
positional trade the levels are closing basis or the price should sustain minimum 15-30 minutes above the level.
All the levels given by me are spot.