NIFTY 50 future TRENDS

[timepass]

http://www.traderji.com/equities/47979-canteen.html#post670500

BTW, this year had 3 special trading session: 7 Jan, 3 March, 28 April.

About 1.5 to 2 million traded during the crash..

 

[sanjosedesi]

I know there may not be any co-relation between US and India, but ..

# US markets seem to be moving up overnight. Yesterday was negative (I think) so probably balances out.
# SGX was negative today, that would get nullified because of the above.

 

[timepass]

I know there may not be any co-relation between US and India, but ..

# US markets seem to be moving up overnight. Yesterday was negative (I think) so probably balances out.
# SGX was negative today, that would get nullified because of the above.

In last 30 minutes, the USD has crashed about 70 pips against EUR... any particular reason ?? Any news ?

 

[sanjosedesi]

In last 30 minutes, the USD has crashed about 70 pips against EUR... any particular reason ?? Any news ?

No idea, I don't monitor forex, and have not checked news. If you see something, do post.

 

[manoharpillai]

Possibly Nifty already made its low confirmation to this positive move comes at spot nifty 5262 and 5310 ....and just one level for the down side that is 5170 ... all levels are closing basis ... either we will see 5310 or 5110 that is the next move according to me
please remember most of the break out or break down move always surprise the traders that means huge gap ups and downs after some dull moves... be prepared for either side 300 points move this month..
my expectation is on the up side towards 5500 can be from 5150 or 5050 i don't know

 

[saivenkat]

Manohar bro..

I totally agree with your levels with which you have mentioned here..and definitely nifty is in a make or break situation..

Now my question to you, is what do you think is most likelihood chances of happening,.. Would it be a break out or break down..( after taking in to consideration.. the present situation)

Further do you mean, that a GAP UP/ DOWN IS going to be more THAN 300+ pts.. or else you say that a strong gap up/down may make the nifty to travel 300+ points or so?

 

[sanjosedesi]

Further do you mean, that a GAP UP/ DOWN IS going to be more THAN 300+ pts.. or else you say that a strong gap up/down may make the nifty to travel 300+ points or so?

He did not say GAP of 300, he said MOVE of 300 this month.

 

[saivenkat]

He did not say GAP of 300, he said MOVE of 300 this month.

: I pity my level of understanding...

 

[manoharpillai]

Manohar bro..

I totally agree with your levels with which you have mentioned here..and definitely nifty is in a make or break situation..

Now my question to you, is what do you think is most likelihood chances of happening,.. Would it be a break out or break down..( after taking in to consideration.. the present situation)

Further do you mean, that a GAP UP/ DOWN IS going to be more THAN 300+ pts.. or else you say that a strong gap up/down may make the nifty to travel 300+ points or so?

Ref. to any chart after side ways market's/stock's the break out's most often than not surprises.... because of this sudden change of events physiologically upsets the mind set of most the traders who are glued to screen and fixed their mind with certain range of price moment so they cut their positions early with meager profits and then try and catch at wrong end
The 300+ points may come as surprise when many of us are not expecting it (i am not saying it will happen tomorrow)

 

[EagleOne]

: I pity my level of understanding...

No, no...that is our job, Sai bhai! :lol: