Time To Stick My Neck Out "Nifty 5000"

[uasish]

Renu,

My 'Candle Bias' could sniff the European Mkt's to-day's behaviour yesterday night itself ,see how these Indian Candles & European Candles are conspiring to befool us,just like your six yr old daughters do.

Asish

 

[renu daga]

common,,,asish da
my daughter like europen mkt wow

renu

 

[uasish]

Yes as mischivious & naughty,which normally we as a doting parent love to overhear their quarrelling & awesome logics,i miss those days ,now both my son & daghter are in marriageable ages.

 

[uasish]

Nifty Fut has yet not initiated a confirmed Trend Reversal .

Today's deciding Price point is 4541.00 ;

4495.05 & 4500.90 may give support above 4545.60 strong resistance at 4619.30 to 4636.00 Zone.

[Not giving the 'Candle Bias' to-day as i dont whether it may again confer with other indices.(Renu, Keeping it to myself)]

 

[renu daga]

hi asish da

how can u say nifty not confirmed trend reversal

see on fridays candle nifty has clearly shown trend reversal on dialy basis like to eb clear on that view

renu

 

[uasish]

Nifty Fut could not sustain our pre-mkt crucial deciding level of 4541.00 in 1st 30 mins,let us see how it pans out.

 

[uasish]

Another 30 mins past still below 4541.00 let us see.

 

[uasish]

hi asish da

how can u say nifty not confirmed trend reversal

see on fridays candle nifty has clearly shown trend reversal on dialy basis like to eb clear on that view

renu

Renu,

I only try to see what Mkt is telling me on Real Time,there is a difference in Black candle & TREND REVERSAL ,my knowledge is very limited ,moreover myopic,hence always try to Learn so not competent enough to answer your query.

Asish

 

[renu daga]

hi
asish da

not competent enough to answer your query.

do u think so,,,, in every reply u mention such notification. thi sis not a question of competent jsut afair discussion and exchange of thoughts an dto see which is more fruitful for everyone
thats all
renu

 

[uasish]

Now let us see whether 4500.95 to 4495.00 whether this Support zone holds or not.

Renu,
On a public forum if you want my opinion that will be my stock answer ,i only venture to express my views who actually knows my incompetence & discount the same accordingly.You know better than me that Predicting Mkt is past time for many ,actual traders never predict becoz that is random,they max form a Bias looking at the present price.
In that aspect also i am myopic cant look beyond Present.

Asish

Rakesh,

This thread is honored to receive your comments.

Asish