Nifty Futures Trading Part 2 (Positional)

[mitasatyajit]

sat da ... forced to think... if we hold 3250 and elliot fib level then possibility of apposite correlation with us markets ! observing the last months trend on every major fall we bottoming out, Fundamentally there is no denial that india wd be the safe heaven in recession just we have to prove in TA and line babas tirms

At the moment 3250, if I say u to buy stocks in a good quantity. You have the financial power to do so. But see US general people do not have the power to buy GM stock, though it is selling @10% of 52 weaks high. But u see, Xtalk was talking to acquire GM at this moment. I am sure at this moment a huge quantity of GM stock can be purchased by traderji forum only.

 

[cooltechnocrat]

sat da ... forced to think... if we hold 3250 and elliot fib level then possibility of apposite correlation with us markets ! observing the last months trend on every major fall we bottoming out, Fundamentally there is no denial that india wd be the safe heaven in recession just we have to prove in TA and line babas tirms

Alex till we have FII money in market we will also move with world market ..So we have to go through this pain some more time

 

[mitasatyajit]

As per Dow Theory, the pionier of the bull market is auto sector. Though Maruti broke it's DT line in monthly timeframe, it will take time to break yearly timeframe upto 2011.

 

[cooltechnocrat]

There can be a trend line joining lows of July,August and October ?

 

[orderflow13]

interesting , didnt realize maruti outperforming index
thanks really to make in to notice

 

[mitasatyajit]

There can be a trend line joining lows of July,August and October ?

Yes u r right, at the same time u can draw a trenline from highs of sept and oct 2008. The two TLs intersects at 663 - 665 region, in November 2008. At this moment that is the strong support.

 

[orderflow13]

By alex_laxya

nothing changed bearish as usual.
Except VSA last bar is higher spread bar with close above its half, giving early indications of support, but calls written heavily, so o.i. pcr must go above 0.76 to consider reversal.
Note : we incorrectly thought vix might have topped, but truth is very different, yet vix not topped and clearly out performing U.S. VIX ( CBOE VIX WHICH MADE HIGH TODAY OF 63)

 

[Czar]

News Flash: Beils (bulls) gone back to chalao hull for Dushera & Circuit come back here for SatDa...

Did you guys sleep or what ??

 

[devangan123]

Oh no Bull Uncle is on Medical Leave now a days

 

[Czar]

The Divergence between Sensex & Nifty is Uncanny... Sensex already has dropped 50% from the top whereas nifty has not....