NIFTY 50 future TRENDS

Status
Not open for further replies.

4209211

Well-Known Member
Greece election on Sunday ? do you factor that as well ??
Yeah bro i have answered a in short detail reason both technical and astrologial on my thread intrested members can see it
 
a bearish evening star formation on daily fut nifty chart and let see what happnes 2maro
support comes around 4950-5000 lvl and resistance comes around 5210-5250 so simple as per astro i will buy at around if a gapdown tomaro and keep a closing stop of 5010-20 and remain long if got chance may try to buy around 5000-4990 keping a strong sl of 5000 on closing basis
i am upbeat on mkt and am expecting 5200+ on monday and i do expect a 25 bps rate cut and 25 bps of crr cut or no rate cut and 50 bps cut in crr
this is a new astro thory i m studying so i may be wrong and i will be amused if mkt will slip below 5000 any time because now i feel a tgt of 5210-5222 is on cards very soon
Market has already zoomed because of this rate cut news for the last 10 days or so and discounted all other bad news. Will it again zoom if in actual there is a rate cut.
 

4209211

Well-Known Member
Does anyone here follow TRIX indicator ?? It seems to have turned positive today, after a long time.

For those who dont know about ===xx=== TRIX ===xx====

TRIX is an indicator that combines trend with momentum. The triple smoothed moving average covers the trend, while the 1-period percentage change measures momentum. In this regard, TRIX is similar to MACD and PPO. The standard setting for TRIX is 15 for the triple smoothed EMA and 9 for the signal line. Chartists looking for more sensitivity should try a shorter timeframe (5 versus 15). This will make the indicator more volatile and better suited for centerline crossovers. Chartists looking for less sensitivity should try a longer timeframe (45 versus 15). This will smooth the indicator and make it better suited for signal line crossovers. As with all indicators, TRIX should be used in conjunction with other aspects of technical analysis, such as chart patterns
 
Status
Not open for further replies.

Similar threads