Nifty 4600 in 5 Trading sessions

deb99891 · #11 28th June 2008, 12:17 AM

Quote:

Originally Posted by darsh_goswami

The Title itself surprised me. No wonder the biggest bull in this world also must not be hoping. Pray God we dont see 4600 mark in 5 session other wise next 5 sessions will drag it till 3500 .. lol .. I m again saying , i wont be surprised to see a lower ckt soon.

Regards,..
Darsh

actually im expecting it
sooner it happen better for bulls
this is my own view

eodsoft · #12 28th June 2008, 12:15 PM

Quote:

Originally Posted by renu daga

using get,,,put mor elonger trem oscialltor ...10/70...

renu
NIFTY IS CLERALY FORMING A DESCENDING TRAINGLE,,,,,SHOWING TGTS BOLDLY ....3200...BUT I AM TRYING TO FIND IF THIS GETS WRONG
HERAING 3200 MEMEBRS WILL SURLY COMMENT ON MY IDIOT VIEWS,,,!!
ANYONE CAN OPPOSE THIS DESNDING TRAINGLE FORMATION....I WILL FEEL HAPPY

Nifty may not be ale to break even 4000 levels on closing terms, Any technical analysis can only predict with IF then this , if not then that .

Monday first half may be lowest levles of Nifty then it will bounce back and we will see week closing on + basis .

your 3200 target is same as nifty target of 7300 in bull run , which was never achieved.

We might see a positve MACD cross in nifty this week

renu daga · #13 28th June 2008, 12:50 PM

my post ,,,on this section is not showing at all....strange!!!(teh whole post)

renu

uasish · #14 28th June 2008, 12:56 PM

Quote:

Originally Posted by robin_malihan

According to what i know all majors and minor wave of elliot showing a downtreand and are in there final stage all of them as well , target for nifty is around 3500

.

also we are not out of all this downtreand till we see a close abv that moveing avg according to advance get studies.

may be CV or other members of traderji correct me if i m wrong somewhere.

Robin

I feel MA has got no specific relevance in EW studies.Well A.Get has options to put different type of MA's that is a feature of that s/w but MA vis-a-vis EW count is never heard off.
Andrew's Pitchfork has some relevance,which you have put.
Renu's suggestion of Osc (10,70) is for Long Term,your (5,35) is OK.
Renu's observation of PTI is definetely relevant.
You may try to use MOB,people find it usefull.
Basic question still remains unsolved,whether EW can forecast Bottom,personally i doubt & still never believe that.
Many a time i have been fooled by taking positions based on EW analysis.

renu daga · #15 28th June 2008, 01:03 PM

dada,,,

truly spekaing i ahve studies get , a lot...and have examined very much

the only things which get is so much sounding is ,,
osc/ pti/ its mov av/ and mob

now since u ahve come to mob view,,,

it depends upon where the stcok positin is trading,,,,if we have,, a continuos uptrend,,teh up mobs slowly gets satisfied,,,,tehn extreme lower mobs lie,,and expand slowly giving extended time tgts
and vice versa downtrend,,,,trading....
in few pull backs i ahve noticed nfty did not staisy any upper mobs,,rather wsa just travelling as oer retracemnet / and trend line supports...
teh uipper mobs rae still hungry,,,and they have no significance now until uptrend is confirmed,,,
mov av,,,,if teh stcok is trading below the mov av get has constructed ,,there is brighter chnace of lower mob immediate to get fullfilled than teh upper mob,,and vice versa,,,,i ahve seen this,,,in many stcoks,,,the mob xcan also be said / defined assuport / res...in get language

renu

sudoku1 · #16 28th June 2008, 01:05 PM

Quote:

Originally Posted by eodsoft

Nifty may not be ale to break even 4000 levels on closing terms, Any technical analysis can only predict with IF then this , if not then that .
Monday first half may be lowest levles of Nifty then it will bounce back and we will see week closing on + basis .

RUMOURS in the mkts suggest that the 4000 levels on nifty futs will b a do or die between 2 camps......the elephant (RZ) & the phantom associates (ADAG GROUP).....the former wants 2 protect 4000 to all costs while the latter wants 2 dive below & then cover the shorts

uasish · #17 28th June 2008, 01:06 PM

You are right,MOB is basically that only,a type of Support & Ressistance,

kkseal · #18 28th June 2008, 01:28 PM

3900, 3600. Any bounce prior to these lvls is likely to be weak (may not even manifest in EOD charts)

BTW, what is PTI, MOB ? (at least the full form pls)

Regards

uasish · #19 28th June 2008, 01:38 PM

As per A.Get language :=

PTI = Profit Taking Index ( at the time of correction this index if comes below 35 then assumed that the next possible Wave's projection gets doubt full.)

MOB:= Make Or Break level.

kkseal · #20 28th June 2008, 03:08 PM

Ok, thanks Asishda.

Why not someone (some AGET user) keep us updated on the EW projection as shown by AGET.

Regards