Time To Stick My Neck Out "Nifty 5000"

[uasish]

Nifty Fut status in 1 min chart.

 

[uasish]

http://www.traderji.com/108310-post342.html

Closed above the 4th August anticipated Levels ,atleast for to-day,let us see how to-morrow pans out.

 

[uasish]

Will this hold ?

 

[uasish]

So once again few posts earlier i have stuck my Neck Out .
Still now as on Friday ,4058.70 the Lakshman Rekha of Nifty Fut , whether holds today,the Weekly has not touched the Lower Trendline ,if it did i would have been very happy,however many times it bounces few points above the support zone.

Nifty Fut :=
Res= 4290.25 / 4217.20 / 4162.15 / 4121.65
Sup := 4091.30 / 4058.70 / 3936.80

 

[uasish]

So this time also sticking my neck out gave us a decent rally from below .

 

[uasish]

Nothing to worry till now.

 

[uasish]

Nifty Fut has formed a Black candle ( before adjustments) with a " Doji " formation.

 

[uasish]

So yesterday it was evident that Mkt may fall ,now our Long time support of Nifty Fut @ 4058.70 is being tested presently ,let us see what is in store till day end.

 

[renu daga]

HI ASISH DA
nothing to see,,,gone buffalo in teh deep muddy waters..!!!!!!hahahhahah...why they mve to fall again......

renu

 

[uasish]

So Nifty Fut could not sustain 4058.70 zone.