The Nifty Trading Lounge

[Fundootrader]

Recent high was 7972.55 made on 1.1.16, even you count today, we are not going to cross this high today. So, as per his forecast, high for 2016 should be 7972.55

Taurus - Do you hold similar prediction for Bank Nifty too or Bank Nifty is different animal altogether.

 

[vikas2131]

Recent high was 7972.55 made on 1.1.16, even you count today, we are not going to cross this high today. So, as per his forecast, high for 2016 should be 7972.55

basically we wont be crossing 8000 on the closing basis...full blown bear market is the way that would not happen

 

[traderniftybank]

basically we wont be crossing 8000 on the closing basis...full blown bear market is the way that would not happen

You want to say that NS will not close above 8000 for the year 2016.

 

[timepass]

I'm back!

The first Nifty spot target is 7720, ±4

My first forecast of 4th Jan, worked perfectly

Wow !!! Done today itself, and there's an hour to go !

 

[vikas2131]

You want to say that NS will not close above 8000 for the year 2016.

That is what the thread owner is saying not me

 

[Fundootrader]

Wow !!! Done today itself, and there's an hour to go !

Seems Taurus long pending target of 7478 will be seen soon

 

[Taurus1]

Taurus - Do you hold similar prediction for Bank Nifty too or Bank Nifty is different animal altogether.

Doing Nifty is time consuming enough so I haven't really looked at enything else.

Sgx down 85 pts

The "experts" are hard at work
Bulls raging on technical charts, Nifty50 can rally up to 9,500

http://economictimes.indiatimes.com...can-rally-up-to-9500/articleshow/50448080.cms


Multi-baggers may not be so easy to come by this year
http://economictimes.indiatimes.com...to-come-by-this-year/articleshow/50445524.cms
Does this mean that multi-beggars will be easy to come by this year?

Major support at 7679, ±4

 

[insursi]

Can you tell when the forecast went exactly opposite. I started reading thread backwards - could see right predictions

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.

And what made you trust the current prediction which led to purchase of PE's.

I was also about to buy the PE's on Friday - but didn't buy as I thought Jan 4 +- 2 will start post Jan 4 -

Not only forecast which made me to short the indices, as everyone well aware that nifty was near to resistance zone (near to 100SMA) and rising wedge pattern on the hourly chart which gave me more confidence since the risk was very less compared to reward.

 

[Pradeep Narayan]

Doing Nifty is time consuming enough so I haven't really looked at enything else.

Taurus1
My calculations show a wacky sub 6K levels for Nifty this year!!
What does your Oracle churn out?
Regards

 

[Fundootrader]

Taurus1
My calculations show a wacky sub 6K levels for Nifty this year!!
What does your Oracle churn out?
Regards

Wow - sub 6K levels. I think it should touch 5K levels.

Feasible given 2 to 3 rate hikes planned by Fed and China Rout + High inflation if GST passed or -ve sentiment if GST & other bills washed out + combine the Bank NPA restructuring ordered by RBI + corporate defaults.