Time To Stick My Neck Out "Nifty 5000"

[RVINOTHRAJAKUMAR]

It is your money,if u trust me with your money i am going to run away with it.

There are several Trading systems available which help in deciding buy and sell.

OK. Right now buy or sell as per ur system
Thanks

 

[Czar]

Czar,

This one is yet to be cosed,but now 4518.00 will act us support.

Asish

http://www.traderji.com/attachments...-nifty-5000-gap-area-nifty-fut-hrly-chart.png

yup its till 4570, guess will be covered by morning tomorrow.

what bothers me is after every significant correction, the mid/small caps have taken time to rally & this time they are shooting from the word go.

too much easy money & people who have missed every time are jumping full force, as correction is over it seems, not listening to reason, not wanting to let go a stock with hugh profits, this rally after a long time is really bothering me, it is just like the period just before this correction started,

your views Sir.

 

[uasish]

Czar,

My views are based on system signals only.The 'Candle Bias' has turned (-)ve in Hrly chart,this will be negated if the previous High is taken out significantly.
Basing just on personal experience (which has only (-)ve value in trading but venturing as asked by an esteemed member like you),i still itereate once again there will be an healthy correction before spot Nifty's final up impulse,now when will be that correction to-day or after the Historical High taken out is difficult to assume ,but we will get the hint in the chart.
As of now hrly chart's (-)ve bias has to be tackeled first.

Asish

NB: Czar,the thread's name should be kept in mind

 

[circle zee]

uasish,

I've been reading your advice and warning very carefully hoping to make some good money(from your consistent good performance). Thanks a lot.

ashish, if there is any correction how healthy are you expecting??

circle zee

 

[Czar]

well there is clear divergence in Hourly charts & highly overbought (with my limited knowledge), Technically speaking, my scare is the correction will be much deeper sharper & sudden with the way we have pulled back from the bottom. so basically the healthy correction would be unhealthy ?

well I would hope for 5K by December or budget, lets see if the market shocks all by diwali, in the final lunge.

 

[uasish]

Was not in the mkt to-day ,returned just now,well lets see the Hrly (-)ve of the Nifty Fut chart's bias in the pre-mkt report,how it pans out as to-day Nifty Fut Open = 4553.30 .

 

[uasish]

So now actually Nifty Fut has gone below Open.

 

[uasish]

So the 'Candle Bias' was accidentally correct ,Nifty Fut not only went below to-day's Open but also 0.35 points below yesterday's close.

 

[uasish]

Hi Ashish,

I read all your posts on this thread every day and really like your detail analysis of nifty. It will be great if you could share your views on nifty clsoing for this week and next week before 18th.

thanks.

Circle zee & Cahart4me,

I am flattered by your compliment but truly not competent enough ,to express my views.

Asish

 

[renu daga]

asish da,,
europen mkt ne aapke candles ko bacha liya
saved ur candles!!!
renu