The Nifty Trading Lounge

[SavantGarde]

Is that a forecast...when we are already knocking on the doors of the figures...!!!

SG

Why stop there? It's going to at least 5489. If 5512 does not contain, then it will be close to 5500.

How do you like that? Just gave a forecast in this thread in the true spirit of community.

 

[bpr]

Why stop there? It's going to at least 5489. If 5512 does not contain, then it will be close to 5500.

How do you like that? Just gave a forecast in this thread in the true spirit of community.

yeah yeah I have some more long position up my sleeve.
Looking forward to 5510

 

[4xpipcounter]

Maybe not, but it was on the radar before today.

SG, now let me ask you a question.
There are many newbies in this forum. Today's open price was square on my WR1 at 5429. After 5489 is hit, do you not think that many newbies would enjoy a 60-point winning trade.
I noticed you are more of a short-term trader. As an example, you have TP's on silver for 36 cents, gold $14, another silver 36 cents, AUD/USD 28 pips, and none have SL's. Would you not say that a 60-point Nifty winner might be stretching your vision a little?
Concerning my current view, which I stand by, I mentioned somewhere else to watch for 5512, if broken, then it will challenge the previous peak.
Also, if you would like to view other forecasts than just the "door knockers", then please read my Weekly Forecast, and then the Weekly Review that comes out the following week. You can also follow the other forecasts.

BTW, I'm being respectful here. I don't mind the queries in the least, and you being a "seasoned trader", I can assume you don't mind them either.

Is that a forecast...when we are already knocking on the doors of the figures...!!!

SG

 

[Taurus1]

Hmm......
Gap and flat is becoming a regular feature.
The US VXX is almost at old lows, there is a probability of a huge volatility jump in the next 5 days.
From Greece ?

 

[Taurus1]

81 points premium in April futures.

 

[timepass]

Hmm......
Gap and flat is becoming a regular feature.
The US VXX is almost at old lows, there is a probability of a huge volatility jump in the next 5 days.
From Greece ?

Nah.. Railway budget tomorrow, RBI policy the day after, and then the Union budget. Everything will affect the American markets. After all, it's our black money playing out there.

And where was something about Greece on 20th March.

 

[Taurus1]

Nah.. Railway budget tomorrow, RBI policy the day after, and then the Union budget. Everything will affect the American markets. After all, it's our black money playing out there.

And where was something about Greece on 20th March.

Except the Union budget, the others are non starters.

Greece fights off default for now, Portugal teeters on edge
http://www.thestar.com/business/art...-off-default-for-now-portugal-teeters-on-edge

Memories of the 2009 Lehman fiasco. Either way, not worth going long long until all of the PIIGS are settled.

The Nasdaq bank index(IXBK) is just about hanging on a thread.

...

 

[timepass]

Either way, not worth going long long until all of the PIIGS are settled.

That would be around 2020

Till then the operators will keep the issue alive.

 

[Taurus1]

That would be around 2020

:rofl:
There is big money betting on both sides, and time is the common cost to all.
Watch for big time bad news on Mar 18th.

 

[timepass]

Watch for big time bad news on Mar 18th.

Ok.. Something to talk about on a Sunday