Nifty trend

[saivenkat]

Is it yearly chart of Reliance?

Today already it has lost one percent. It finds hard to break the resistance level you have drawn in the chart. Good work Caps.:thumb:

 

[Capricorn]

Thats a monthly chart.

 

[kingfisher3210]

Nifty Future looked tired today beyond 6200 but with global sentiment bullish today, it managed to hold those levels.

It will be interesting to see how global sentiment turns out to be in Asia opening tomorrow morning after FED meeting tonight.

If global sentiments turns out to be negative in Asia opening tomorrow, my bet is towards 100 point fall in nifty future bringing it to 6090 levels.

But if global sentiment turns out to be positive in Asia opening tomorrow, Nifty Future could head to 6300 levels. It is quite hard to predict how globally traders will react to FED QE 2 plan tonight.

I will be analyzing the sentiments and not the absolute numbers.

 

[Capricorn]

Hi folks,

Congestion persists @ 6190-6255 , and then we see 6300

S @ 6145 , 6110

If 6110 breaks There's a mouth watering trade 6090-6030 short.

Have a nice day.

 

[option fan]

Hi folks,

Congestion persists @ 6190-6255 , and then we see 6300

S @ 6145 , 6110

If 6110 breaks There's a mouth watering trade 6090-6030 short.

Have a nice day.

thanks CAPRI

your posts are realy helpfull for me

never posted here just reading !

HAPPY DIWALI !!

 

[saivenkat]

FED meet ends in positive note and so is the opening of ASIAN MARKETS..
I have a feel that movement will pickup after 10 am

 

[Capricorn]

thanks CAPRI

your posts are realy helpfull for me

never posted here just reading !

HAPPY DIWALI !!

Most welcome to share your thoughts.

Happy Diwali to u too bro.

 

[rrmhatre72]

FED meet ends in positive note and so is the opening of ASIAN MARKETS..
I have a feel that movement will pickup after 10 am

Any specific reason for "after 10"

 

[saivenkat]

No nothing.. only a gut feeling.. like that of PT bhai

 

[kingfisher3210]

Sentiments positive across Asia.