NIFTY 50 future TRENDS

[trdstudent]

Mano-ji shorted at 5322.I have 5500CE around Rs5.Is it ok??

Exit 5500CE

 

[rajav]

Thanks manohar. I reversed the position around 5317. Hope to close it by 5270.

Any suggestions?

Now SL for position around 5285

 

[manoharpillai]

The question comes only when it reach 5275 have to wait and see..
sustains above 5275 we can see 5320 today

closed all long position at spot 5310.... have nice week end bye

 

[Sridhar795318]

Learning a great deal from studying posts like these...Manohar sir, Thank you very much.

Long 5238 spot 5250 Fut.with SL 5200 will add one more lot mini nifty sustains above 5275

closed all long position at spot 5310.... have nice week end bye

 

[sudoku1]

NF trend UP

tgt > 5511

 

[trader15]

NF trend UP

tgt > 5511

Weekend bana diya dost tumne....

yeh sharekhan aur baki analyst ki analysis oki mkt trnd < 5170 dekh dekh kar lag raha tha weekend gaya, as didn't book profits in 5400 CE today

 

[sunilrhs]

NF trend UP

tgt > 5511

Thanks sudoku bhai for sharing the same view....me too holding 5400CE...:clap::clap::clap::thumb::thumb::thumb:

 

[anilnegi]

NF trend UP

tgt > 5511

sudoku bhai, sensex technical

 

[rkgoyal_98]

Nifty weekly Chart
Price has closed below tenkan and Kijun as flat (5086) 200 Points away. During the week price has taken support of the Bottom of the cloud. However by the next week the bottom of the cloud is getting lower with lower edge just near to KS, it is suggesting a possibilty to move lower in this time frame.

Daily
dailt chart is what we have to Watch for action, Today Nifty managed to close above the cloud by 2-3 Points, Here the upper edge of the cloud is higher in the future so in next 3 days we have to cross 5363 close above that. Each day has to close above Today's close (5297) otherwise Nifty will land inside the cloud With bottom of the cloud being flat range 5050-5080. If we land up inside the cloud then we will be hitting this range on any of the day. Here weekly Kijun will also provide Support. So at present Downside is up to 5050-5080 in it will be decided in next 3 sessions if we close inside the cloud.

4H
This chart has price below cloud and TK-KJ combo and up move will be resisted by both.

1H
Price is supported by TK and upmove will be resisted by KJ and cloud.

All in all we are poised in interesting setup
Monday we have to close above 5310 and Tuseday Above 5322, wednessday 5363 othewise we will visit 5050-5080 in coming days.

W

This what i read as per Ichimoku, I may be wrong
Regardss

 

[timepass]

Goyalbhai what would be the role of Chikou in the above charts ?? On the daily it is definitely below the candles.

Also, the trendline. Is it relevant now ? I think we are too far from it (in terms of time) to consider it a factor.

Please comment.