Prediction About Tommorow's markets

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#41
BTW, who does it gets decided where the market will open (on positive or negative side) ?

How does the day start and how are prices decided ?
 

praveen taneja

Well-Known Member
#43
If market will not go up, i will be the biggest fool.

As i was holding many PUTs and i have sold them all and reversed my position to Call.

I will be making double loss if market falls.

So i m bullish. And i think there is no bad news coming in.

So market has to go till 3800.

i think monday market (6th apr) will be flat and then from wednesday onwards huge upside rally.
Earlier u made mistake by taking naked puts now making calls :(
in options one must hedge his position with the trade in hand means when u are with 3200 call must take next mnth 3000 or 2900 puts choice and money all urs:)
 
#45
INDICES Close Change
3x1
7x5
S&P 500 - Jun ESM9 840.50 + 5.00 822.81 819.50 Bullish
Dow Jones - Jun YMM9 7983 + 25 7836 7796 Bullish
Nasdaq - Jun NQM9 1316.25 + 14.75 1280.39 1279.25 Bullish
Russell - Jun TFM9 456.40 + 6.20 440.18 440.03 Bullish
INTEREST RATES
US T-Bond - Jun USM9 127-00 − 2-05 129-03 128-04 Bearish
US T-Note - Jun TYM9 122-00 − 1-13 123-11 122-25 Bearish
CURRENCIES
US Dollar Index - Jun DXM9 84.555 − 0.335 85.313 85.212 Bearish
Australian Dollar - Jun ADM9 0.7123 + 0.0004 0.7036 0.7020 Bullish
British Pound - Jun BPM9 1.4848 + 0.0120 1.4610 1.4657 Bullish
Canadian Dollar - Jun CDM9 0.8141 + 0.0056 0.8024 0.8051 Bullish
EuroFX - Jun ECM9 1.3485 + 0.0025 1.3362 1.3373 Bullish
Japanese Yen - Jun JYM9 0.9981 − 0.0076 1.0078 1.0129 Bearish
Swiss Franc - Jun SFM9 0.8856 + 0.0026 0.8796 0.8797 Bullish
LIVESTOCK
Feeder Cattle - May FCK9 96.700 + 1.050 95.200 95.450 Bullish
Live Cattle - Jun LCM9 84.175 + 1.175 82.806 82.792 Bullish
Lean Hogs - Jun LHM9 73.650 + 1.550 72.239 72.642 Bullish
Pork Bellies - May PBK9 88.825 + 1.025 87.531 86.908 Bullish
GRAINS
Corn - May CK9 404^4 + 2^0 400^6 397^2 Bullish
Wheat - May WK9 563^4 + 13^0 542^6 543^2 Bullish
Soybeans - May SK9 995^4 + 18^4 974^0 963^2 Bullish
Soybean Meal - May SMK9 306.0 + 8.6 299.2 296.7 Bullish
Soybean Oil - May BOK9 35.32 + 0.22 34.53 34.16 Bullish
ENERGY
Crude Oil - May CLK9 52.47 − 0.17 50.16 50.85 Bullish
Heating Oil - May HOK9 1.4450 + 0.0059 1.3825 1.4006 Bullish
Natural Gas - May NGK9 3.804 + 0.022 3.755 3.779 Bullish
METALS
Gold - Jun GCM9 897.3 − 11.6 915.4 909.7 Bearish
Silver - May SIK9 12.735 − 0.290 12.902 12.882 Bearish
Copper - May HGK9 2.0005 + 0.1105 1.8860 1.9178 Bullish
FOODS & FIBER
Orange Juice - May OJK9 75.90 + 0.60 75.14 75.53 Bullish
Sugar - May SBK9 12.55 − 0.51 12.84 12.73 Bearish
Cocoa - May CCK9 2787 + 86 2680 2708 Bullish
Coffee - May KCK9 118.40 + 1.60 116.44 116.88 Bullish
Cotton - May CTK9 47.60 + 1.45 46.53 46.56 Bullish
 
#46
just look at this simple example...out of 10 guys over here, 8 says markets will come down and only 2 says markets will go up. ignore what one wants to.

Technically, when too many people think markets will go up or down, that is the time for reversal of the trend.

As per elliott wave, its a double zig-zag formation which has ended in oct'08 with a throw over.

Most of the markets are currently in bear market pull back rally(US, China,etc), while some are in Longterm Bull market(India, New Zealand,)

A good trader should respect the rally, and move along with it & not stand against it.
 

sudoku1

Well-Known Member
#48
exactly, there is no such indicator standalone which predicts markets direction. It should be used along with some other technicals to substantiate your prediction. Dow and asian markets are used to see how could the global markets react and their impact on our markets.
normally ,our mkt follow the dow for opening cues but rarely match the closings;)
 
#50
I hope today's market will start with huge gain 3425 upwards and there may be some fluctuations downwards but we can expect more advances than declines.
I guess today Hero Honda & Yes Bank will play the show.one can do intraday in these stocks.
 
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