Time To Stick My Neck Out "Nifty 5000"

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uasish

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#332
#332
Today's Levels:

Resistance:- 4327.05 / 4403.30 / 4418.50 ;
Support :- 4274.55 / 4267.40 / 4254.05;

As per Amit's EW analysis to-day is vital.
 
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uasish

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#334
#334
Now who will people blame,Cow Jones ? My switching to Intraday Time-Frame with no holdings not only saved me but also giving me a very good Night's sleep.
 
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uasish

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#335
#335
Nifty Fut.
Res:= 4390.70 / 4409.70
Supp:= 4306.20 / 4257.20 / 4184.80

As per Saint's teaching one should place a SL short just below 4353.

After i posted the above now looking at EoD charts 4320 seems a good support.Even in EW analysis yesterday's High of Nifty Fut has negetaed the Strenght of 5 Down impulse,becoz it traversed in 1st Waves territory (which a 4th normally does not do),Hence i am not convinced of Huge downside.If 4200 is broken downside then my Lakshman Rekha is firmly placed @ 4058.70 in Nifty Fut EoD charts.
Hence to-day's Open & High can be 4320.Max down side is another (-) 7.40 % in Nifty Fut from present level,if it continues in elongated 'Y' axis (time) then it will be really painful for investors.
Let us See what happens.
 
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uasish

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#337
#337
This is based on 5 mins Time -Frame.
In Intraday 5 mins Time Frame ,Nifty Fut has generated a Sell signal @ 3.20 on 10th ,if trades below 4291.05 on Monday ,it may find Support @ 4229.00 to 4222 .
To-morrow after Data input then the System will again generate Fresh Signals & New Price focal points in Metastock.
 
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uasish

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#338
#338
I have temporarily stoped looking at EoD this are all based on 5 min Data:=
Support := 4250 / 4233 / 4229 / 4222
 
U

uasish

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#340
#340
uasish said:
Nifty Fut Daily.
Click to expand...
http://www.traderji.com/105825-post309.html

Time has once again come to stick my Neck out,Short Sellers of Nifty Fut beware.Look at the Chart posted few days back on 4th Aug & also the attached chart.
4058.70 is from where the Support Zone starts,this was showing in both the earlier chart & present chart.
For Bulls start Buying from there,the down side will be limited from there,no free fall is expected like what we are experiencing Now.
 
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