Nifty trend

[subratdas]

Nifty has lost 84 pts in last 2 trading sessions .Looks like a expiry below 5400.

Thanx
Subratdas

 

[Capricorn]

5460 approaching...beyond that 5440-5410

Nifty has managed to close @ 5462, if it does not hold, we are in for an overdue hammering.

 

[simple_trader]

Nifty has managed to close @ 5462, if it does not hold, we are in for an overdue hammering.

Expiry day..... NS has touched 20 EMA today....dow would be flat .....asia will be flat....flat opening tomorrow........technically it seems NF can bounce due to 20 EMA......but gut feel says it can crack.....either way is ok.

 

[Capricorn]

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

5460 is still standing..... +ve above. R @ 5480-5520

S @ 5430-40, 5400

 

[saivenkat]

Rest : 5480 and

Supp : 5440 levels.

Levels to watch.

 

[rrmhatre72]

Hi Guys,

It seems Nifty is unable to break 5480.
Is anybody seeing weakness on charts based on 1st hour's trade.?

 

[Capricorn]

Patience bro , its expiry day.

 

[simple_trader]

Hi Guys,

It seems Nifty is unable to break 5480.
Is anybody seeing weakness on charts based on 1st hour's trade.?

Market has been following something in recent past. Technical analysis/chart never prints one way picture. It speaks in both ways. However, need to give more weight to what market is doing in recent past unless it is proven wrong.

I wrote about what market is doing in the previous post of this thread

 

[saivenkat]

Rest : 5480 and

Supp : 5440 levels.

Levels to watch.

NIFTY LEVELS still... the same... Waiting eagerly for 2.30 factor..:fatigue::fatigue:

 

[saivenkat]

Nifty not relenting enough.. though selling pressures are on.. it still manages to hold on, though 15 minutes gone in to the final hr of trade.

SBIN took off.. as if it has no tomorrow.. and now settling down.

CMP NF: 5472.

What are the FII'S PLAN ON this Expiry?