Nifty Futures Trading Part 2 (Positional)

[rajaram.dilipkumar]

Will it do ur purpose, or u want something different ?

seems your channel is heading towards -2000 something....

 

[Czar]

The Bovespa has fallen from 74K to 38K in 3 months, can you imagine the masscre ??? We still have to hear the commodity funds go belly up as the crash has been hugh there & spillover effects from banks to commodity to stocks to businesses so RD -2000 is short term

By the way most markets have already completed their drops of 50% from tops, Hangseng, Bovespa, china (this one is heading for -6k)... only India remains, the last man standing... & seems dow will complete 50% fall in one day only

 

[mitasatyajit]

happy thank you sat da , 3000 is 61% retrace level, on this level my all math revolving.Elliot waves and fib levels closely related.Theory says if prices break 61 % of previous up wave ( here is 3rd wave ) then pattern fails.So if 3000 breaking then multi long elliot pattern get disturbed( by this we in 4 th wave now, and after completion of 4th wave, a new top which will be final 5th wave) so battle field is near, break of 3000 or hold of 3000 we will see soon.

1. For maintaining 4th wave, u have no right to breach 3200 (half way betn 1292 & 6357). If 2970 (61%) touched, failure is obvious. According to linebaba, we will break the line upward after touching 2970 level on around mid of 2009.

2. 2970 crossed and going lower. We can go upward after touching 1292 not before 3rd or 4th quarter of 2010.

3. Next and final level 977. We can go upward after touching 977 not before 2nd quarter of 2011. At that time we can have the stocks at the roadside free of cost. No stop loss is required.


So, there is no other alternative to live in the kingdom of bears at least upto
mid of 2009.

 

[coolboy007]

Is the circuit filter for nasdaq there at 10% its just 1 % away frm it. Satda ke under rehkar i hv also become bearbaba frm a bullboy.

 

[Czar]

1. For maintaining 4th wave, u have no right to breach 3200 (half way betn 1292 & 6357). If 2970 (61%) touched, failure is obvious. According to linebaba, we will break the line upward after touching 2970 level on around mid of 2009.

2. 2970 crossed and going lower. We can go upward after touching 1292 not before 3rd or 4th quarter of 2010.

3. Next and final level 977. We can go upward after touching 977 not before 2nd quarter of 2011. At that time we can have the stocks at the roadside free of cost. No stop loss is required.


So, there is no other alternative to live in the kingdom of bears at least upto
mid of 2009.

Guys lets do it, Satda has invited us all to his house till mid-2009.... how nice Satda

 

[orderflow13]

1. For maintaining 4th wave, u have no right to breach 3200 (half way betn 1292 & 6357). If 2970 (61%) touched, failure is obvious. According to linebaba, we will break the line upward after touching 2970 level on around mid of 2009.

2. 2970 crossed and going lower. We can go upward after touching 1292 not before 3rd or 4th quarter of 2010.

3. Next and final level 977. We can go upward after touching 977 not before 2nd quarter of 2011. At that time we can have the stocks at the roadside free of cost. No stop loss is required.


So, there is no other alternative to live in the kingdom of bears at least upto
mid of 2009.

RAHEM ! RAHEM ! RAHEM! LINEBABA!! bulls pe raham karo , some is long and read this, will faint for sure ..., gosh ...lol.. stomach paining now

p.s. your aka linebaba's no word is exaggeration,totally completely zakasly agree( only i hv confusion about 50 % or 61% fib support, i mean on which wave to apply which fib level, iam confused ) but al suggesting weakness

 

[emailkailash]

Hi,

Now we have 2 major news on hand, one positive (CRR cut by RBI & P-Notes Relaxation by SEBI), but we have a flood of DOMINOS falling in all over the GLOBAL markets, what can we expect for 7th Oct and following 2 days, it is my strong feeling that we will make a panic bottom around 3450-3470 in a day or two and then we will have strong bounce back as we are already oversold when we compare the world markets to ours as we are falling from 4300 odd levels continously.

Please post your views.

 

[orderflow13]

lol... czar ur post will easily pass as FRONT PAGE OF tomorrows E.T. OR WALL STREET

 

[mitasatyajit]

RAHEM ! RAHEM ! RAHEM! LINEBABA!! bulls pe raham karo , some is long and read this, will faint for sure ..., gosh ...lol.. stomach paining now

p.s. your aka linebaba's no word is exaggeration,totally completely zakasly agree( only i hv confusion about 50 % or 61% fib support, i mean on which wave to apply which fib level, iam confused ) but al suggesting weakness

If u apply fib from 2 nd wave at 1292 to 3rd wave at 6357, 61% fib level comes at 3244.

 

[mitasatyajit]

Hi,

Now we have 2 major news on hand, one positive (CRR cut by RBI & P-Notes Relaxation by SEBI), but we have a flood of DOMINOS falling in all over the GLOBAL markets, what can we expect for 7th Oct and following 2 days, it is my strong feeling that we will make a panic bottom around 3450-3470 in a day or two and then we will have strong bounce back as we are already oversold when we compare the world markets to ours as we are falling from 4300 odd levels continously.

Please post your views.

Exactly I second ur view. As per weekly chart also (linebaba) support comes at 3476 this week. We can have an interval there of this painfull story for cleaning our wet eyes with a cloth at the outside of the hall.