Nifty Futures Trading

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SavantGarde

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Re: Time to Stick my Neck Out ,Nifty 7300

I Think Most People May Get Surprised By The Upside In April Itself.

We Shall Look Again At The Levels After April.


Regards

SavantGarde

i was for so many days,, telling nifty levels taking on monthly account./yearly account...nobody took seriuosly!!!
it will now better if we touch the previuos month low,,and rebound back to give next month more strength....an that basis just check yearly..i think we will not see new high within this year...if we dont rise above 20000 and next year also we may see a bit down..in beguining of months

savant sir,,,,ur views/ ur reply!!!

renu
 

renu daga

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

If you donate RS 50,000 for providing proof, i am sure someone will be more than happy to provide it.
with earnest request...to cccontrarian,,,,pls do not take chance to.. question this thread...u might have to answer many things,,,were u can stand num,,,,,

renu
if u dont believe,,,dont do ,,, but dont break anyone elses belief..
 
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renu daga

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

sir,,
kk seal

i am sayiong unless we stand safely above 20000 tehn only we can go for new highs,,,this year,,,
very good anlayst(not of india),,,,say indian sensex by 30000 the next year..

but here the very most imp question is,,,,how long we shall be running in this critical phase...exact timing ,,,,no one is yet in this forum...(where many good analyst are present)..are unable to say,,,with every new low,,a new support is called up,,,,but that is not becoming the final...
i am curious....which indicator is the only one which is telling it si oversold,,,
i think,,,there are few indicators indiacting ,,oversold,,

renu
 
Re: Time to Stick my Neck Out ,Nifty 7300

Renuji, I personally feel - trend following with suitable exit filter is the need of the day with special emphais on staying out of market. I have not been trading since January - just for this reason. The moment my charts determine a trend with comfortable r/r levels, I will take entry.
 

SavantGarde

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

Renu,

Indicators Can Indicate Oversold, But Then It Can Get Even More Oversold From There.....

The Thing To Look For In Such Situations Are Market Sentiments.

Just As Stocks Never Trade At Their Fair Value, It Is Either, Way Below or Way Above Their Fair Value Therefore The Same Happens With Index All The Time.


Regards

SavantGarde

sir,,
kk seal

i am sayiong unless we stand safely above 20000 tehn only we can go for new highs,,,this year,,,
very good anlayst(not of india),,,,say indian sensex by 30000 the next year..

but here the very most imp question is,,,,how long we shall be running in this critical phase...exact timing ,,,,no one is yet in this forum...(where many good analyst are present)..are unable to say,,,with every new low,,a new support is called up,,,,but that is not becoming the final...
i am curious....which indicator is the only one which is telling it si oversold,,,
i think,,,there are few indicators indiacting ,,oversold,,

renu
 
Re: Time to Stick my Neck Out ,Nifty 7300

Renu,

Indicators Can Indicate Oversold, But Then It Can Get Even More Oversold From There.....

The Thing To Look For In Such Situations Are Market Sentiments.

Just As Stocks Never Trade At Their Fair Value, It Is Either, Way Below or Way Above Their Fair Value Therefore The Same Happens With Index All The Time.


Regards

SavantGarde
yes, few stocks like Mtnl and balajitelefilms has been showing oversold indicater from jan 24..and they are still falling...so i dont know about others but i do not completely rely of overbought or oversold indicator

CZ
 
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