Nifty trend

[timepass]

How the mood changes !! Till 3-4 days ago, the traders were talking of 5555 and lower.. now it is upbeat. Maybe soon someone will start talking about that "all-time high" again !!!.. Me, I'm trying to follow the advise of "be in cash" and not carrying anything overnight. DP positions, nothing doing, just hold and use the margins for intraday, if any trade done at all.

 

[josh1]

Oh.. My comment was based on charts only. I do not think there will be a new high unless nifty stays above 5890-5920.
I am away from all the market news. Anyway, a trader need not worry about that. Buy when bias is up short when bias is down. Cheers ........

 

[vince]

Capri's down with a flu virus.. He's requested me to post levels until he's up..

I'll try to keep it as close as possible to his style of trading.

Bias down..below 5715

S @ 5660 , 5626 , 5575-85.

R @ 5715 , 5800, 5850.

Trade well.

 

[vince]

Bias down below 5620 , neutral above it.

S @ 5585 , 5515-30 , 5480, 5440.

R @ 5620-30 , 5660 , 5710.

Have a great day.

 

[vinst]

Capri's down with a flu virus.. He's requested me to post levels until he's up..

I'll try to keep it as close as possible to his style of trading.

Bias down..below 5715

S @ 5660 , 5626 , 5575-85.

R @ 5715 , 5800, 5850.

Trade well.

5715 very well respected !!

regards,
vin

 

[timepass]

Know what I think, that World Economic Forum thing at Davos .. its declarations 4-5 days later will have some positive impact, till then the manipulators are dragging it down and selectively taking positions at lower levels

 

[vince]

Anticipated tgt line..

 

[vince]

Cat among the pigeons..

Traders BE THE CAT NOT THE PIGEON.

DON'T PANIC.......

 

[rajsingh]

5480 seems to be holding the show....

 

[rajsingh]

5480 seems to be holding the show....

There it goes...:lol: