The Nifty Trading Lounge

[Taurus1]

The minor bottom is set to become a minor top :annoyed:

Resistance at 7703, ±4

The spot high on 11/12 was 7702.8

Bang on your analysis boss :clap::clap:

Thanks, hope you made some money

My earlier forecast of 7494, ±8 is on

 

[TraderRavi]

My target is 7494, ±8

This is only the trailer, wait for the main picture

main picture ???????

 

[timepass]

main picture ???????

Maybe filling the gap of May 2009

 

[Fundootrader]

Maybe filling the gap of May 2009

3000 levels ?

 

[Verde]

main picture ???????

after fed decision

 

[Taurus1]

main picture ???????

Asian blockbuster release in Shanghai and India scheduled for Jan 4th, ±2 ..............

In Oct, I wrote Dec 14th in my diary as the date to buy some stocks before the Christmas rally, but after 2 consecutive inversions on the 4th and 11th I decided not to.

 

[Taurus1]

Time for a review ..... on the 21st of August I made a forecast for Novenber, 80 days in advance

What was the result?

The Indian, Hong Kong and Chinese markets have their final new high for this year on Nov 9th, ±2

The next new high for these 3 markets is in 2019

Putting this down today 21-8-15 for reference later.

Nifty​

At the time of making the forecast, I did not know about the Bihar election ...... the institutions knew the result and long before the counting starting started they were selling. I had put a lot of relation money into the market and got an excellent entry at the blue arrow.

Some of the stocks I bought were able to hold on to their gains but I could have made o lot more.

Hong Kong​

The Hong Kong Nov top was on the 4th Nov, 5 days before my top forecast.

Shanghai​

The Shanghai top was exactly on Nov 9th, works for me

None of the 3 were able to make new highs.

 

[Taurus1]

The Indian, Hong Kong and Chinese markets have their final new high for this year on Nov 9th, ±2

The next new high for these 3 markets is in 2019

Putting this down today 21-8-15 for reference later.

In continuation of this forecast ..............

The high of the year 2016, for India and Shanghai is on Jan 4th, ±2

2016 will be a good year for Indian markets: Samir Arora, Fund Manager, Helios Capital
http://economictimes.indiatimes.com...nager-helios-capital/articleshow/50179235.cms

Mother of all bull markets ahead of us: Jhunjhunwala
http://economictimes.indiatimes.com...d-of-us-jhunjhunwala/articleshow/50181085.cms

There is no way Indian markets can go down: Rakesh Jhunjhunwala, Partner, Rare Enterprises
http://economictimes.indiatimes.com...ner-rare-enterprises/articleshow/50195014.cms


As usual my opinion is exactly opposite that of so called "experts"

"Mother of all bull markets" is now being proclaimed every 6 months, but for unknown reasons it never happens.

Always always evaluate competence, in everyone around you, what you find will shock you.

Many experts are nothing more than average, some are below, and this applies to many professions.

Fool me once, shame on you .... fool me twice, shame on me

 

[Fundootrader]

In continuation of this forecast ..............

The high of the year 2016, for India and Shanghai is on Jan 4th, ±2

2016 will be a good year for Indian markets: Samir Arora, Fund Manager, Helios Capital
http://economictimes.indiatimes.com...nager-helios-capital/articleshow/50179235.cms

Mother of all bull markets ahead of us: Jhunjhunwala
http://economictimes.indiatimes.com...d-of-us-jhunjhunwala/articleshow/50181085.cms

There is no way Indian markets can go down: Rakesh Jhunjhunwala, Partner, Rare Enterprises
http://economictimes.indiatimes.com...ner-rare-enterprises/articleshow/50195014.cms


As usual my opinion is exactly opposite that of so called "experts"

"Mother of all bull markets" is now being proclaimed every 6 months, but for unknown reasons it never happens.

Always always evaluate competence, in everyone around you, what you find will shock you.

Many experts are nothing more than average, some are below, and this applies to many professions.

Fool me once, shame on you .... fool me twice, shame on me

Mr. Father of all Analyst - Bhai sahab Who is our information source - seems pretty accurate - Ramji see direct line hai kya

Seriously interested in how you are able to predict - Astrolog + technical or something else

 

[Taurus1]

The next new high for these 3 markets is in 2019

This is an excerpt from a report ..... the forecast is for the S&P only

Mr. Father of all Analyst - Bhai sahab Who is our information source - seems pretty accurate - Ramji see direct line hai kya

Seriously interested in how you are able to predict - Astrolog + technical or something else

All my information is my own, if it is from someone else, I always give credit.

How I make forecasts has been asked many times, I'm really not interested in any discussion...... it is not pretty accurate, it is precision accurate

http://www.traderji.com/general-tra...552-nifty-trading-lounge-350.html#post1070201

From the 22nd, I'm in Ios, back on Jan 5th

Minor high of 7882, ±4 s coming on Dec 22nd, ±1