Nifty Futures Trading

[NiftyFantasy]

Dear Sunil,
You are right, but i think he should be interested in all posts by Mr. Ghosh bcz Mr. Ghosh is options specialist and he can share his views any where that can be useful for Praveen.

Regards

NF,
the resulting page will show ALL the posts made by that member IN THE WHOLE FORUM... and will not be limited to THAT PARTICULAR THREAD ITSELF...

If i have to read all your posts ONLY MADE IN THIS THREAD, then i will have to use advanced search...
but if i just want to read all your posts ANYWHERE IN THE ENTIRE FORUM, then what u have suggested is the answer

 

[Sunil]

Dear Sunil,
You are right, but i think he should be interested in all posts by Mr. Ghosh bcz Mr. Ghosh is options specialist and he can share his views any where that can be useful for Praveen.

Regards

my answer was not restricted to Ghosh but in general

Few members confine their active participation to 1 or 2 threads only

 

[peeyesmani]

There is a definite change of Trend & Sentiment in the Mkt.A downtrend is on progress.Once again the
need of the hour is to determine the faith of the Long term Trend.All studies are absolutely Subjective.
Nifty Fut is going to scale 7300 in months to come,prior to reaching that the down side is
much more to come from present level.There be no ambiguity in this that we may see 400 to 500 points
down side from here.
All Up or Down is basically in Wave type nature,there is no straight Up or Down,hence any 100-200 points
Rally should not deceive us that the down side is halted,until we get definite indication ,presently the
major trend is Down.
These observations are extremely subjective in nature & many a time these observations are found to be
wrong in the past.
It may be noted that we are in 4th Down Wave,where the minor waves are unfolding.

Present levels to watch:=

5686.20 was the earlier support.
5830.95 is now the Resistance area.
5762.44 (on closing basis) is the Critical balance Price.

your analysis will come true between 17.11.08and 27.11.2008.good forecast

 

[peeyesmani]

sir,
your forecast may happen either on Monday Or between 17.11.08 and 27.11.08



S.MANI

 

[learn2trade08]

sir,u talkng of nifty or sensex...

your analysis will come true between 17.11.08and 27.11.2008.good forecast

 

[peeyesmani]

nifty may touch 2600-2700 points range between 17.11.08 and 27.11.08 and not 7300 points
S.MANI

 

[pkamalesh]

sir,
your forecast may happen either on Monday Or between 17.11.08 and 27.11.08



S.MANI

Sir as you are new..u might have mistaken the first post of this thread for a recent one...Please look at the date of posting...welcome to traderji sir...

 

[peeyesmani]

NIFTYFUTURE MAY BE 2600 TO 2700 RANGE IN NEXT WEEK .iF IT IS SENSEX IT MAY TOUCH 7500 TO 8900 IN NEXT FEW WEEKS ,IF BEAR PHASE CONTINUES S.MANI

 

[uasish]

nifty may touch 2600-2700 points range between 17.11.08 and 27.11.08 and not 7300 points
S.MANI

http://www.traderji.com/derivatives/18953-nifty-futures-trading.html


Kindly go through the post,we where to get a confirmation of the haltage of a confirmed down trend ,did we get ? if not then if we where short from there then

 

[Sunil]

one more inv H&S attempt
neckline again at 2870

let's see if this time it is completed & broken

pattern will be invalidated if it goes below 2790 (left shoulder low)

So, immediate tug-of-war area between bulls & bears is that 2790 FUT level.
Below 2790, it invalidates the inv. H&S pattern attempt, and then again a retest/gap-filling exercise at 2760 region.
Now, this FUT 2750-60 region is also the 50% fib. retracement level...
(precisely, 50% of SPOT 2252 to 3240 comes to SPOT 2746)

On the other hand, if 2790 FUT is held and 2870 neckline is broken on upside, then immediate target is at 2926 (as per charts) & then 2970 (as per textbook target of inv H&S)