The Nifty Trading Lounge

[Taurus1]

Hdfc bank is holding the key to it all, resistance at 1800 ......... the whole world will rush in if it moves above.

Today should be the low, if not, then bboolllsss are in for it. Hdfc bank has to start moving again or say goodbye ..........

A very sad pic....... 5m Nifty chart on Aug 8th,,,,,, from 10075 to 9947, not a single green bar in between.
Says a lot to those who are willing to understand.

Sir,
if possible can you explain realignment.

Thanks

Until the market reconnects with it's internal structure, any move is going to be a result of external forces only ...... witness the grinding moves we have seen so far in all markets .........never seen before.
Volatility is at a 10 yr low.

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[Sidz]

My opinion, there will not be any deep downmove ....... remember that in 9 working days is
Independence day....... and there will be new highs to celebrate it.

There was once a time when your predictions were bang on. But probably you need a realignment yourself.

 

[Taurus1]

Hdfc bank is holding the key to it all, resistance at 1800 ......... the whole world will rush in if it moves above.

Last traded price 1751, after it crosses 1800 nifty is going to rocket.

There was once a time when your predictions were bang on. But probably you need a realignment yourself.

What I posted was my opinion, not a system call....... those have precise price levels without any vague BS.

There are many resident experts here who probably post bulletproof tips with exact entry point, stop level and money back guarantee......... why not start taking tips from there ?

I'm not into price levels as much as before, from May, I got into doing something more profitable....... lossless trading.
It's unlikely that I'm going back to forecasts because they take a lot of time and my time is precious.

Generally, I tend not to hang on to the same system for centuries, er decades er months.



On Friday, I opened a few long positions in the last 5 minutes.
Posting now without hindsight benefit.

Sgx 9748, +21


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[timepass]

We would like you to go back to your predictions.

 

[aarna singh]

Market changed today. Nifty closed at 9897.30(+103.15).

 

[Taurus1]

On Friday, I opened a few long positions in the last 5 minutes.
Sgx 9748, +21

Looks like this will be retested today........ market is at make or break point.

We would like you to go back to your predictions.

It doesn't work like that. One of the main reasons for me to develop a new method was because the old one wasn't working upto the mark.

All markets have been rushing up since the US election...... courtesy of Central banks all around the world. What's that you say ........ merit....... I never heard of any such thing.

Here are the new rules
Rule no. 1 - In a rigged market, there is no structure....... there are no rules
Rule no.2 - In case of any doubt, consult Rule no.1

Sgx 9862, - 48

I still expect 10100 before month end

 

[Sidz]

Hi Taurus1, still expecting 10100?

 

[Taurus1]

On Friday, I opened a few long positions in the last 5 minutes.
Sgx 9748, +21

If the gap is <60, I will add to my position

The Infosys drama cost nifty............. else it would be at 9850+


All 3 are waiting to blast.......... Nifty, BN and Hdfcbank

Sgx 9818, +30

TR has vanished, what's the matter ?



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[timepass]

TR is returning from his summer hibernation just about now. Should be active in a month or two

 

[Taurus1]

Posted on Aug 12th, 12 days ago

On Friday, I opened a few long positions in the last 5 minutes.
Sgx 9748, +21

Holding

If the gap is <60, I will add to my position

All 3 are waiting to blast.......... Nifty, BN and Hdfcbank

Sgx 9818, +30

And added yesterday

I'm on holiday today, went out in the morning and just got back.
The nifty resistance at 9865 seems to be a tough nut............. it should get broken today.

As soon as the Nifty went to 9750, top zero performance experts on the cartoon channels started talking about "capitulation"

Just when you think, they can't get any more hilarious than they already are ..... they just did.

FFS........... learn to differentiate between a real move and an Infosys fiasco created artificial move.

TR is returning from his summer hibernation just about now. Should be active in a month or two

Great.
I think he can be made a moderator .........hint hint hint hint


9865 will break today...... as soon as the institutions have accumulated their positions.
I'm buying some calls and going out for lunch....... back in a while