NIFTY 50 future TRENDS

[prada]

World is a terrible place to be in at the moment. Another sell signal this time its FTSE 100. I really cant help being bearish at the moment. Looks like we are going to have a period of massive selling. GLOOM and DOOM as I had anticipated.

I see only bullish comments and views in the forum/newspapers/television. This is exactly called ' herd mentality'. Market always exactly does the opposite of what the herds call for. Trap is being laid for the bulls.

 

[timepass]

World is a terrible place to be in at the moment. Another sell signal this time its FTSE 100. I really cant help being bearish at the moment. Looks like we are going to have a period of massive selling. GLOOM and DOOM as I had anticipated.

This gloom and doom has been predicted often, as a precursor to the BOOM. If you are reading the posts in the Nifty Trading Lounge, you will know that it is the US Govt which wants the economy to get a bit worse.

 

[prada]

@Timepass, "US Govt wants the economy to get a bit worse". This does not make any sense to me or anyone else who has been in the market for over a decade.

This gloom and doom has been predicted often, as a precursor to the BOOM. If you are reading the posts in the Nifty Trading Lounge, you will know that it is the US Govt which wants the economy to get a bit worse.

 

[salilpoo]

@Timepass, "US Govt wants the economy to get a bit worse". This does not make any sense to me or anyone else who has been in the market for over a decade.

Thanks not correct ... What FED has said is they are waiting for the right time for QE3 ..... QE3 is the last resort.... in the sense they know bad times are yet to come ..... also let us not forget elections @ year end .....@ US

 

[salilpoo]

Thanks not correct ... What FED has said is they are waiting for the right time for QE3 ..... QE3 is the last resort.... in the sense they know bad times are yet to come ..... also let us not forget elections @ year end .....@ US

Having said that market doesn't necessarily behave in a way we think it will behave ...:thumb::thumb::thumb:

 

[prada]

Yes you are right. QE3 will be announced just before the elections so that it will remain fresh in people's mind before the elections. Obama govt is targeting another feather in the cap before the elections.

Thanks not correct ... What FED has said is they are waiting for the right time for QE3 ..... QE3 is the last resort.... in the sense they know bad times are yet to come ..... also let us not forget elections @ year end .....@ US

 

[timepass]

@Timepass, "US Govt wants the economy to get a bit worse". This does not make any sense to me or anyone else who has been in the market for over a decade.

Thanks not correct ... What FED has said is they are waiting for the right time for QE3 ..... QE3 is the last resort.... in the sense they know bad times are yet to come ..... also let us not forget elections @ year end .....@ US

There's a saying "A wink is as good as a nod".

They are waiting for the conditions to get worse, they are waiting for unemployment to increase, they are waiting for natural disasters to strike etc.. before they make a hero's entry with their QE3. To me it doesn't make sense to wait till a patient enters the terminal stage before starting medication.

The economic upheaval that the world is going through is because the idea of an economically unipolar world (where currency is concerned) is yet to sink fully. There is no USD & Russian Ruble, there is no USD & Euro. There is only and only USD as an international currency. Now the world has reluctantly realized that the Euroquake isn't going away in a hurry and that it may take a decade or more for Europe to get out of the economic morass, if ever.

Even USA has yet to come to terms with this unipolar world, because a strong USD hurts their overseas income.

The economic policies the world over will need significant tweaking in the light of this new fact, and as ongoing process, there will be a stumbling recovery.

A few days ago, the economic advisor to the PM, Kaushik Basu, was blunt about it when he said that we have to get used to the dollar in 50s (of rupees) and the days of 46-47 rupee are gone.

 

[manoharpillai]

Nifty rallied from 4770 to 5340 nearly 600 point rally ... Market move up and down many reasons can be attributed to it.
Logically and technically also Nifty unable to move above 5340 Level ..this become a Resistance area in other words demand dried out and supply sett in...
so the supply dragged nifty down to 5217 .. some demand emerged at that level
let us wait and see the fallow up buying come in or Supply succeeds the Demand
If any one look at the chart with calm mind without any prejudices can clearly see the levels to trade ..
Do not let any out side sources/Info's influence your trade..
Have nice evening and tomorrow be fresh to trade

 

[trdstudent]

Guys it is election year and they will play the economy as per their local political requirements . We need to understand that game which is not a cup of tea for "aam aadmi"........

 

[IAtma]

with first small fall, everybody, who was bullish enough upto yesterday and talking about 5450-5700 , is now either turned bearish, or in mode of "let's see if" ...........

uparwaale........, teri mahimaa hai aparmpaar.....

prabhoo...., karde naa paapiyo kaa uddhaar....:rofl::rofl: