Nifty Futures Trading

[new2sm]

wow h&s in 1 min neckline 2958

Edit: Damn cancelled so inv h&s still in force.

 

[rajuwaste]

As I told yesterday nifty is taken support in 2925-30 zone,now it is trying to form double top formation lets see what will happen.

 

[kalwarik]

OFF TOPIC
NSE moves towards free float
http://www.business-standard.com/india/storypage.php?autono=352831
What will be effect on Fn O markets

 

[MurAtt]

Can someone confirm whether a Wolfe-Wave is being formed or not ...

 

[myvineet]

nf comes out of upward channel ...

 

[terminator_123]

Many promoters fancy their share price a lot and would like a respectable closing point as on 31st mar 09 because usually that is the share price that is mentioned in the annual report and compared with previous years, so some would provide an unofficial support to the share price, my list starts with RIL at the top with many other nifty companies. Just my view, can be wrong too.

Thats interesting

 

[MurAtt]

2900 PE now at 19. Praveen ji hero ban gaye phir se ....

What wud Nifty downside tgt be now that it has broken 2940 spot?

 

[Sunil]

Many promoters fancy their share price a lot and would like a respectable closing point as on 31st mar 09 because usually that is the share price that is mentioned in the annual report and compared with previous years, so some would provide an unofficial support to the share price, my list starts with RIL at the top with many other nifty companies. Just my view, can be wrong too.

Mutual Fund AMCs' and their fancy for perked up NAVs as on 31-March.

 

[jnj333]

Mutual Fund AMCs' and their fancy for perked up NAVs as on 31-March.

That too:thumb:, plus Insurance companies like LIC have a set target of deployment of funds in equities till 31st mar so they must be active too. All these may result in an extended overbought situation of the market (nifty).

 

[milind]

If you draw a TL connecting the tops on 5 or 10m chart - it stopped the rally of last half an hour