Nifty trend

[simple_trader]

Even it reverses it would not be one day game. It would test patience before give any money.

 

[praveen taneja]

NIFTY so far respecting my 5555

 

[Capricorn]

In view of the global moves as of now its 5460 all the way. Its been a long time since a 2% move.

 

[simple_trader]

Such a big gap down in dow and also tested 10K. Likely to recover?

NF would have done by now

 

[Capricorn]

Such a big gap down in dow and also tested 10K. Likely to recover?

NF would have done by now

Hmm... Exactly the sentiment to be worried about.

 

[Capricorn]

Well we are still in +ve territory above 5460.. Let's see how it goes with a day to triple witching.

 

[simple_trader]

I feel it will be a teasing day. It would do nothing except love with 5500 level. Give some chance for break down in last hour. Test patience over all I feel!

Gut feel says, we can tank tomorrow.

 

[Capricorn]

That's the hourly.

 

[Capricorn]

5460 approaching...beyond that 5440-5410

 

[Capricorn]

Resistance zone 5500-5520.