NIFTY 50 future TRENDS-Part 2

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prabhsingh

Well-Known Member
#2
#2
Re: NIFTY 50 future TRENDS

rajasree1 said:
We achieved point B. Now spot closing at 4347.90 lvl is not good as per my method. So we can achieve my point C in next couple of days. I could be wrong. But this is my interpretation only.(post 11443)
Thanks.
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Irrespective whether we achieve point C or not,we dont have any question marks on your analysis.Your are doing a great Job and your analysis are always worth taking into consideration.
 
S

SEVEN STAR

Well-Known Member
#3
#3
Re: NIFTY 50 future TRENDS

SEVEN STAR said:
Trend levels for this week..CMP..spot nifty 5320

Resistance..5349...5378....5407....5436...5495

support....5319...5290...5261...5232....5202

Either res.. or sup. levels taken out the same level become sup/res
example.... today market opens at 5349 and trades above for more than 30 mts.
one can expect next res.5378.to be the target in that case 5349 become sup.can keep stop lose of 1st sup.5319.
on breach of first sup. reverse ur trade.. to short sl 5349.. Do not enter trade based on this levels.. just watch for this week how it works
If it is worth i will post it in next week also..
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as long closing is not above 5349 have to look for support levels..nifty made 4 attempt to close above this level..in 5 trading sessions is clear indication some lower levels (5290-5260) to met before any up move..
 
Smart_trade

Smart_trade

Moderator
#4
#4
Re: NIFTY 50 future TRENDS

Sideways market is one in which bulls and bears both feel that they have a great trade on hand......and market makes them live in that false belief for extended period of time....:D

Smart_trade
 
Smart_trade

Smart_trade

Moderator
#8
#8
Few long threads are split in 2 threads.....the 1st part is closed and the second part is open for posting by members....this is done for data integrity and ease of data management.

Smart_trade
 
timepass

timepass

Moderator
#9
#9
Smart_trade said:
Few long threads are split in 2 threads.....the 1st part is closed and the second part is open for posting by members....this is done for data integrity and ease of data management.

Smart_trade
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I'd rather let the thread continue under its name (e.g. "NIFTY 50 future TRENDS"), with the older posts being moved to a new thread (e.g. "NIFTY 50 future TRENDS (old posts)") and the new thread being closed.. This will retain the ease of recognition and prevent confusion. Also, the "old posts" would also serve as the repository for future use.

just my 2c.
 
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