Nifty trend

[kaly422000]

Sgx is already trading around 4970 at the time of this post, so we take it from here..

S @ 4960-85, 4930 , 4883 , 4841 , 4800.

R @ 5030 , 5060 , 5180-90.

Trade well.

Beyond these levels we re-evaluate.

formula must , otherwise we will going for a strike:clap:

 

[PGDIMES]

Capri has no secret ingredient. It's written in the charts and Capri knows how to read... He is one of the best chart readers in this forum (known by different names in other forums)... :lol:

 

[Capricorn]

PGD is right , there is no formula. Look at the levels posted and try to figureout what/ where in multiple timeframes. It takes time and effort.

All the best.

 

[Capricorn]

For tomorrow

R @ 5140 , 5230-40

S @ 5060-70 , 5025 , 4990 , 4940-50.

Shorts only below 5060...

TRade well..

 

[josh1]

Resistant and support lines.
They are all parallel. Capri's Support/ resistance are at those lines. There is one more resistance 5170 at the middle line. Support 5060 is derived by joining today's two bottoms. No upturn until 5230 is cracked.

 

[Capricorn]

Actually as things stand today 5250-90 is a potential shorting zone.

Lets not worry about a reversal yet..

 

[Capricorn]

S @ 5110 , 5060 , 5030 , 4970-90 , 4880.

R @ 5225-5250 , 5290.

Trade well.

 

[Capricorn]

Dow cow no matter...

We still have to get over 5290 for any meaningful rally.

R @ 5230 . 5290

S @ 5130 , 5090.

Trade well...

 

[josh1]

Resistance lines still not cracked. Likely to show some more down side on Monday.

 

[kaly422000]

weakly doji and daily engulfing bear candle