NIFTY 50 future TRENDS

[sudoku1]

No such moves frm sebi agenda on near future.

 

[manoharpillai]

Mano, the wheels kind of fell off in the one thread, as the op felt the thread was being led astray, and he was right. I was getting into TL's and ichimoku clouds, and then there was discussions on that, and he only wanted discussions on his S&R's. I understood that, and so it was time to bow out.

I don't trade Nifty, and I have never traded options. I enjoy forecasting it, because it is the main market of choice in this forum. It helps me in knowing my methodology works under any conditions. It helps others....Well, okay, as long as the analysis is accurate (lol).

Technical indicators are not speculations its just simply there as it is for us to study and fallow whether or not one trade it. Your observation on Nifty Technical aspects are well taken and my reply to your post was that the Index future data do match with your technical study i guess only time will answer this.... hope we got it right...!!

 

[4xpipcounter]

The market should start off with a strong spike. This is just based on history after a 3-day shut down.
After looking more closely at all TF's, it seems a correction is well in order and there should be a move to at least 5212, which is my WR2. The correction could be volatile and go as high as the daily kijun at 5352.
As long as this plays out, it will only be a correction, and the original view still holds.

 

[sudoku1]

N F trend DOWN


tgt > 4949

 

[4xpipcounter]

We got that spike up, but then it was back in the trend. The whistles seem to still be blowing on this freight train.

 

[sln1941]

N F trend DOWN


tgt > 4949

Is it possible for yoou to include Bank Nifty also in your guidance for future trends ? Shall be thankful

 

[timepass]

Glad news for the bulls :
Fitch affirms U.S. at AAA, outlook stable

 

[4xpipcounter]

Timepass, me and Sudoku don't like your point of view--lol.
Actually, I am still looking for a correction. This market cannot make a straight line all the way to 4647.

Glad news for the bulls :
Fitch affirms U.S. at AAA, outlook stable

 

[4xpipcounter]

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VP, I don't trade options, so I don't know when your expiry is up. I just read charts and base an analysis on it, as well as my trading decisions.
Medium term to longer term, we could see a pit stop at 4907 on the way to 4647.
Short-term, I still think a correction is due, but I'm dubious about saying anything because this market has been a freight train of late. Still, as per the chart, I still look for a minor correction back to 5209 or even 5240.

So, if you are looking longer term, just hang on to your short.

Experts - please throw light on likely movements of NF till expiry.

Thanks
VP

 

[sudoku1]

Sorry sin , i dont track B N