will the nifty sustain above 4700 level?

[Capricorn]

I just had a look at the closing prices. Guess what we have not closed above the resistance. I guess the party will have to wait.

 

[Ernest Palmeira]

yup you are rite with that point ..... but i have lost some hope of a runup in the markets.
the nifty though it has shown a strong closing , it has shown signs of weakness i guess thats because of the asian weakness.

 

[amit_bohra72]

yes nifty can sustain4700 level can go up to 4813level

 

[amit_bohra72]

:thumb::thumb::clapping:

yes nifty can sustain4700 level can go up to 4813level

 

[bunny]

yup you are rite with that point ..... but i have lost some hope of a runup in the markets.
the nifty though it has shown a strong closing , it has shown signs of weakness i guess thats because of the asian weakness.

Hi Ernest,
What signs of weakness are you seeing?

 

[sumit.agarwal]

hope world markets don't give a bad news on Monday or next week.

 

[praveen taneja]

want mkt upto savant bro level so i can buy 4800 put at throw away price hahahaha

 

[Capricorn]

Is that put directional or for hedging??

 

[praveen taneja]

Is that put directional or for hedging??

its for directional bro:thumb:
Nifty may zoom towards the next resistance zone of 4800 mark. This will be 61.8% pull back of the entire fall (from all time high of 6357 to 2250). and there comes the U turn:clap:

 

[Capricorn]

its for directional bro:thumb:
Nifty may zoom towards the next resistance zone of 4800 mark. This will be 61.8% pull back of the entire fall (from all time high of 6357 to 2250). and there comes the U turn:clap:

Ah , you do look at technicals...:lol: I was just reading about your tukkas in another thread.