NIFTY 50 future TRENDS

[Stock trendy]

8 years monthly chart around 4850 support is very important

 

[sanjosedesi]

8 years monthly chart around 4850 support is very important

What will happen to the market if there is a breakdown instead ? As per Demark, the amount you went up by, you might come down the same ;-)

 

[STOCKSNANBAN]

Nifty ran up 1000 points From 4630 to 5630 few months back almost non stop in 25 trading sessions suddenly all turned Rosie (when at 4650 people were talking about 4000-3800 no one could have given thought for 5630 then)
And then market fell from 5630 to 4950 aab konsi asmaan toot padi gir neki
Always markets needs some bahana no one knows the top or the bottom
All are guess work (My guess work is 4950 to 5950) except few top Movers and shakers
When market turns positive just see will hear all great news and that is the big trick of this trade
Market always does opposite what 90% are thinking surely i am not in that 90%

You can escape even from the Galactic Alignment on Dec 21 2012 but not from the crushing power of bulldozer HFTs. You can run, but can't HIDE, THEY SEE YOU....

 

[Stock trendy]

What will happen to the market if there is a breakdown instead ? As per Demark, the amount you went up by, you might come down the same ;-)

THINK POSITIVE WILL DECIDE WHEN IT COMES (4850 breaks)
Believe me INDIA IS STRONGEST GROWING ECONOMY IN THE WORLD NOW
EUROPE AND US ALL GOING TO BITE THE DUST that jitters will be felt here also
watching and trading day to day market moments are very difficult proposition
WE WILL EMERGE STRONGER
If you are young looking for 20 years investment cycle start now as an investor forget the market level let nifty go to 2000 also

 

[sanjosedesi]

If you are young looking for 20 years investment cycle start now as an investor forget the market level let nifty go to 2000 also

You need to check traderji's companion site ... investorji.

 

[sanjosedesi]

BTW, SGX moving up (its volumes are puny compared to Nifty, but it is still an indicator). It opened a few points down, and is now 10 points up over the last half hour.

 

[DanPickUp]

Uncle Sam - check.
Uncle Sarkozy - check.
Uncle Singh - You are our only hope ... Oh that was a movie - ok - your turn.

But Uncle Sarkozy has the most attractive woman of all.

 

[sanjosedesi]

But Uncle Sarkozy has the most attractive woman of all.

I hope that will be his consolation in his retired life. And I wish everyone else a similar consolation ;-)

BTW, something's up ... SGX up 41 points ... from a low of -10 points ... and as I write it ... back to +32 points.

 

[EagleOne]

Nifty ran up 1000 points From 4630 to 5630 few months back almost non stop in 25 trading sessions suddenly all turned Rosie (when at 4650 people were talking about 4000-3800 no one could have given thought for 5630 then)
And then market fell from 5630 to 4950 aab konsi asmaan toot padi gir neki
Always markets needs some bahana no one knows the top or the bottom
All are guess work (My guess work is 4950 to 5950) except few top Movers and shakers
When market turns positive just see will hear all great news and that is the big trick of this trade
Market always does opposite what 90% are thinking surely i am not in that 90%

1000 points? Arre, baba, bears are very agile. They would know in 150 points if the tables are turned. Funny, you presume the bears would be as foolish as bulls normally are, sitting through the nightmare....But then, that is understandable. It is well established that one doesn't need brains to be a bull. Now, is there any wonder that 9 out 10 traders choose to be bull?! :lol:

8 years monthly chart around 4850 support is very important

That bottom TL that you drew is a typical bullish foolishness. About a year back Raunak did the same - connecting, I guess, the then bottom 5400 - and extrpolated the move to 6800 by August. :rofl:

TA ain't that a simple exercise of drawing criss-crossing TLs, bhaaya! Yet all I say is: Lage raho, Munna bhai. Best of luck. Have a nice trading day. See you in the evening.

 

[sanjosedesi]

TA ain't that a simple exercise of drawing criss-crossing TLs, bhaaya! Yet all I say is: Lage raho, Munna bhai. Best of luck. Have a nice trading day. See you in the evening.

Eagle bhaiyya, why don't you teach this complex TA to other learners ;-)

Even if you give one 'words of wisdom' per month, it will be better than where we/they are now.