NIFTY 50 future TRENDS

[rajasree1]

My try for next week.

Eagle bhai and seniors pl comment for next movements.
My SRs are working to some extent.I am waiting for 23 rd May for a change.
Expecting analysis from seniors for future movements (why,what and when).
Thanks.

 

[Stock trendy]

I don't know much about TA with my little knowledge 4900 goes next is 4800
this is what happening from 5600, Slow and steady fall from 22 FEB.2012
but from 5200 on 3rd May the speed is piking up
I start picking up some June 5200 CE plan to hold it till 4800 closing for 2 days as My SL.

 

[rajasree1]

I start picking up some June 5200 CE plan to hold it till 4800 closing for 2 days as My SL.

Can not understand

 

[crorepathy]

Nifty next support 4800

 

[EagleOne]

My try for next week.

Eagle bhai and seniors pl comment for next movements.
My SRs are working to some extent.I am waiting for 23 rd May for a change.
Expecting analysis from seniors for future movements (why,what and when).
Thanks.

23May maybe. By then EPA should be 4777 or 4678.

By the way, why bother? 23 may is quite far away. For a daytrader, that means a lifetime! :lol:

 

[EagleOne]

Nifty next support 4800

And then? And then after? And after?...Nifty ki koi legal support nahin, bhai. It is speculative market. Legalized 'sattabazi' with charts and computers, OK?
So, bro, forget about supports and resistances. Just pray that the damn thing moves either way so that traders can make money!

...Funny, there are some May-june 2008 posts on TJ, talking exactly like yours. You should find them to know how people that time posted just the same sort of Support figures! :lol:

 

[raj_singh]

My try for next week.

Eagle bhai and seniors pl comment for next movements.
My SRs are working to some extent.I am waiting for 23 rd May for a change.
Expecting analysis from seniors for future movements (why,what and when).
Thanks.

can you share this afl please?
Thanks

 

[Stock trendy]

And then? And then after? And after?...Nifty ki koi legal support nahin, bhai. It is speculative market. Legalized 'sattabazi' with charts and computers, OK?
So, bro, forget about supports and resistances. Just pray that the damn thing moves either way so that traders can make money!

...Funny, there are some May-june 2008 posts on TJ, talking exactly like yours. You should find them to know how people that time posted just the same sort of Support figures! :lol:

Same league Bro. i did all with TA /trading technique /physiology so on nothing worked at least for me.
I accept i purely speculate nothing else
aam ka ped ki neache se pathar fheka mila tho aam gaya tho pathar
i play the martet that way agar galthy hogaya paisa gaya what i consider is bearable loss doobne thak paisa nahi daltha hoo because i learnt that lesson before.
pls. note i am not against TA or chart you guys are doing great job something to learn from here.

 

[sanjosedesi]

And then? And then after? And after?...Nifty ki koi legal support nahin, bhai. It is speculative market. Legalized 'sattabazi' with charts and computers, OK?
So, bro, forget about supports and resistances. Just pray that the damn thing moves either way so that traders can make money!

You are absolutely right. I know you are trying to caution ... not everyone can play the markets with their eyes closed (in a manner of speaking)

For people to speculate with charts, they need pet theories which seem to generally work, stand the scrutiny of backtesting ... and if it implies the usage of keywords "support & resistance", well why not.

A need for a strong mind and money management of course goes along with their pet theory so that they can exit if the markets throw a wrench in their game.

 

[sanjosedesi]

...Funny, there are some May-june 2008 posts on TJ, talking exactly like yours. You should find them to know how people that time posted just the same sort of Support figures! :lol:

More important, we should see if those people still trade ;-) Any survivors?

[EDIT/ADD] We should start a new thread ... "Kahaan gaye woh log" and link to those posts !