Will NIFTY touch 5000 by next Friday?

Will NIFTY touch 5000 by next Friday?

Can nifty touch 5000 ohh yes it even can touch 5500 but what is use of predicting ????

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If anybody knew the answer for sure, won't they be zillionaires pulling out profits worth crores every day?

My friend, prediction and trading are not the same business. The good thing is that a trader doesn't need predictions.

Instead of trying to predict the answer to this question ( which no one can do with any repeatable accuracy any way....) it is better to think ..." If it start going down , where will I short ? where will my stoploss be ? where will I add ?? and if it starts going up ....where will I go long ? where will my stoploss be ? where will I add ?? How will I book my profits ? That will make much more than trying to predict and keep holding the position....

Best wishes, Trade well...

Smart_trade

Prediction never comes true but at the same time sometimes prediction can be true but at the same time one should have the money and belief to hold on. I lost 20000 thousand just because i did not have the belief, i shorted when i felt it will go down but sold after profit of 20 points and then again i bought when i felt it will go up but sold one lot because i did nto have the patience so guys it is better to go on belief. I belive that that even if the market falls next week after that it will go up let us see.

Today, at 8.15 am SGX nifty is trading at 5010, and it had broken the 5000 barrier and made a low of 4996...

Today we tested 200 DMA NIFTY 4982

U r right, ST da:clapping: