Nifty Futures Trading

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Saint

Saint

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#3,194
#3,194
Re: Time to Stick my Neck Out ,Nifty 7300

renu daga said:
respected saint..
i dont understand this logic,,,,,
primary bull mkt,....where50 % or 75% stcok value is written off,,,,say ntpc,,,it started rally from 175..to 280..and now back to 194
take for sail,,,,same story..

so taking majority,,,,,i dont think for investors also we can call this secular bull mkt,,,
primary uptrend ,,,,noooooo

renu
much of it i cant exprexx in words
Click to expand...
Charts attached!

You can't make out if NTPC is in a Secular Bull as insufficint data........but have a look at the Sensex.Will post the long term charts later.

Saint
 
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U

uasish

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#3,195
#3,195
Re: Time to Stick my Neck Out ,Nifty 7300

darsh_goswami said:
Dear Saint , Ashishda and other senior members ,..
Please do confirm ,.. r v entering bear market for next few yrs ??
I dont have charts with me right now ,.. bt i m sure u will guide me well.
Regards,..
Darsh
Click to expand...
The onset of Long term Bear Mkt is yet not confirmed as per the charts,even if the Jan Low of 4000 breaks & goes down to 3864 (every possibility) we still can only mark that to be the end of the down Impulse.
From then on a new impulse wave is expected & observing the 1st leg of that the name of this thread will be redisgned.
So in that sense this is a bearish phase.Regarding your time analysis mid may is the bottom expected,i would be more happy if this is found to be bogus.
 
Saint

Saint

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#3,196
#3,196
Re: Time to Stick my Neck Out ,Nifty 7300

Long Nifty at 4656

Saint
 
Saint

Saint

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#3,200
#3,200
Re: Time to Stick my Neck Out ,Nifty 7300

Adding to longs at 4670..

Saint
 
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