NIFTY 50 future TRENDS

[anilnegi]

i seriously doubt that we got a clear signal to buy

Uploaded with ImageShack.us

 

[rkgoyal_98]

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.

Yes Chikou is below candle and ttha is addind pressure on Daily But moving East will also push us in Cloud and then we have to touch 5050-5080

 

[rkgoyal_98]

i seriously doubt that we got a clear signal to buy

Uploaded with ImageShack.us

we have things supporting upmove on Daily
1 Cloud support
2. Slow Stoch

 

[timepass]

we have things supporting upmove on Daily
1 Cloud support
2. Slow Stoch

I am inclined to agree with Negi on this one. I think that we had a sort of channel break yesterday, and a reversion to the TL today. The reversion is timely. The slow stoch is indeterminate at the moment but inclined downwards. Mind you, on the weekly too, the stoch is trending down.

Yes, an interesting week ahead, expiry and year ending and all. Since the cloud east is rising, it's quite possible that the candles will enter the cloud and move upwards within it

 

[trade4putuval]

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

Good if you are holding next month's calls. Next week is expiry, don't you think the calls will lose value faster if the price does not approach 5400!

 

[manoharpillai]

March series High price spot-5521 low made 5171 my expectation is will end up around 5300 +/- 50 points. This up move have RES. at 5335-5377-5424 and a rare possibility to test resent high 5499 is still open as long 5197 holds.

 

[manoharpillai]

abcde likely to form as per this chart

 

[uttamkamlesh]

Uploaded with ImageShack.us

 

[sundar1964]

Excellant chart sir, nifty exactly took support at trend line and hope long trend may continue unless any domestic news affect.
Regards,
sundar

 

[JAYAN SIVARAM]

Good one................