Nifty trend

[Capricorn]

Caps bro, I fear that today your are caught in the wrong foot..

SGX battered, now down 60 odd points..

yesterdays rally was the one to trap small investors. All CE will go off in thin air today..

Rgds
Saivenkat

Bias up till it keeps below 5890.....

 

[saivenkat]

Sai Bro,

How are you today???

I am glad that you inquired about my health.

As i am ok.. market also tried to make up the lost grounds..

 

[josh1]

In spite of the sharp recovery, Nifty closed below 5937, last low of 29th October. There is tough resistance up to 6020 as per intra-day charts and there after 6070 and 6120 being 50 DMA and 14 DMA respectively. Nifty is falling in a channel which was not broken today.

Earlier I had said that Nifty will pull back towards 14 DMA but prices went down so much that the average has started coming down towards prices.

 

[PGDIMES]

I am glad that you inquired about my health.

As i am ok.. market also tried to make up the lost grounds..

Actually was trying to fit the app. curve between your health and nifty...:rofl:

 

[Capricorn]

Hi folks,

Nifty bias up above 5880-90.

S @ 5880-90 , then we crash to 5740-50

R @ 6040 , 6110.

Lets just trade what the chart tells us. Shut out other events. Just an opinion.

Trade well boys and GIRLS...:rofl:

 

[saivenkat]

Actually was trying to fit the app. curve between your health and nifty...:rofl:

Thats what i mean.. Feeling somewhat better, despite the persistent symptoms of throat pain, severe cold, and body ache..

The Fitting curve would look like the same... despite strong jitters created by war panic... market withered off.. all odds to make strong recovery abt 400 pts from days low..

 

[josh1]

Dow fell 142 points /1.27% yesterday. There is a definite connection of Nifty with world markets since both started going up on 31st August. However, sometimes I feel that Dow is following Nifty and Hangseng.

 

[Capricorn]

I getting bears in my dreams.


http://en.mimi.hu/dreams/bears.html

 

[praveen taneja]

I getting bears in my dreams.


http://en.mimi.hu/dreams/bears.html

Maine jab se peeni chhodi hai I get beer whisky Rum Jin everything in my dream:lol::lol::lol:

 

[josh1]

Nifty is making inverted saucer shape since last 5 days as seen in the chart below. Currently, RSI is at 21 that is highly oversold.
Therefore it is likely to go up in the morning and make one more inverted saucer tomorrow.