Time To Stick My Neck Out "Nifty 5000"

[biyasc]

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

very true.

 

[amitt29]

Very crucial last hr for the market.

 

[uasish]

Amit / Rakesh,

To-morrow this Level of 4489.20 may work as Support if in Opening it trades above this but now until 11.04 on the Upper pane is not taken out by the Blue line (now @ 7.57 at 3.29 min's bar) any up move may get negated by "Sell at Every Rise" attitude.

Asish

 

[Dev Mookerji]

Amit / Rakesh,

To-morrow this Level of 4489.20 may work as Support if in Opening it trades above this but now until 11.04 on the Upper pane is not taken out by the Blue line (now @ 7.57 at 3.29 min's bar) any up move may get negated by "Sell at Every Rise" attitude.

Asish

Asishda,

Your this new indicator is doing well.

Congrats.

dev

 

[uasish]

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

I hope now we can understand that WHY all Black candles can not be Termed as 'Trend Reversal' ,Nifty Fut now at (+)1.49 % at 4553.00.

 

[uasish]

Nlifty Fut closed at 4542.00 (before adj) yesterday's Black Candle in EoD the High was 4544.00 so can we now say the Trend is Up ,no ,let us not be Bias Mkt will tell us on Real Time.

 

[uasish]

Until 4578.50 taken out i will only look in RT Data.
Deciding Level 4553.65.
SBI Fut can give indication.

 

[circle zee]

uashish,

Market is up on global cues....nifty up more than 100 pts...waitin for your view and new targets and levels.

circlezee

 

[uasish]

So well above 4578.50 ,that will be SL for Longs.

 

[uasish]

So Nifty Fut reached above 4700.00 ,now another 300 points to justify the name of this Thread,prior to that there can be a correction.