Nifty trend

[Capricorn]

5850-5900 is the last support post of bulls.

 

[subratdas]

The way mkt fell today 5850 seems a possibility very soon.

Thanx

 

[Capricorn]

Hi folks,

Bias down .

We have S @ 5850 , 5900-5930 , 5980

R @ 6010-6050 , 6100.

Have a nice day.

 

[Capricorn]

For the technically minded the weekly MACD about to rollover. Not inspiring for the bulls at all.

 

[alroyraj]

Expected the market to remain rangebound. Looks like it is.

 

[Capricorn]

Lots of traders expecting a good bounce at 5900 levels have gone long.Given only a 100 pts so far. Either take profits or hedge for 2morrow. Stops are not going to work in gaps.

Been a long time since down circuit....:lol: Just a thought..

Don't forget tomorrow;s the weekly close, if we don't get a rally no one's going to want to hold positions over the weekend.

 

[Prashant Patel]

Lots of traders expecting a good bounce at 5900 levels have gone long.Given only a 100 pts so far. Either take profits or hedge for 2morrow. Stops are not going to work in gaps.

Been a long time since down circuit....:lol: Just a thought..

Don't forget tomorrow;s the weekly close, if we don't get a rally no one's going to want to hold positions over the weekend.

Expecting rally of 50+ points?

 

[josh1]

Lots of traders expecting a good bounce at 5900 levels have gone long.Given only a 100 pts so far. Either take profits or hedge for 2morrow. Stops are not going to work in gaps.

Been a long time since down circuit....:lol: Just a thought..

Don't forget tomorrow;s the weekly close, if we don't get a rally no one's going to want to hold positions over the weekend.

When lots of traders expect good bounce, market does not go up. (How will the big operators earn if that happens)

 

[Capricorn]

When lots of traders expect good bounce, market does not go up. (How will the big operators earn if that happens)

Hmm.. Lets see what happens.

 

[Capricorn]

Sgx giving no cue, we have the weekly close .

S @ 5890-5910 , 5970-6025 .

R @ 6072, 6110.

Have a nice day.