Incisive Nifty Trend Analysis

Samvat 2069 outlook- Its a coincidence that 2069 totals up to 8 which in Indian numerology is ruled by planet Saturn which denotes struggles, delays and pain. Setting aside Numerology/Astrology, the stage is nicely set for a year end rally(if 5583 holds) followed by a deep correction. How deep the correction will be , shall be analysed once the correction sets in. To me, we have a fair possibility of a global rout to the extent of 30 percent from the peak. On the upside, I would be keenly watching at 5872, 5951 and 5982 as the potential failure points for this rally.
Have a fantastic and prosperous Samvat 2069!

PraDa

To me, we have a fair possibility of a global rout to the extent of 30 percent from the peak.

An active thread with all Good Bad And Ugly looks lyke lost its charm
I am back after many days of layoff First of all I wish all TJ members
A JOY FULL HAPPY DIWALI AND PROSPEROUS NEW YEAR :thumb:
Will buy 5700 puts tomorrow SL spot nifty 5770 on closing:thumb:

planning to buy 5700 Put tomorrow.

30% ? so range becomes ..... 5,666 - 4000

Bought 5700 puts next stop 5580 spot
:clap:

Who's going to bring the spot-Nifty to 5815 with such negativity all over the world ? :thumb:

I still would have thought 5800 was achievable, but all is so bleak....that the 5500 Put seems better than the 5600 Put I'm holding.......... Of course I do not intend to buy the 5500 Put just yet!

planning to buy 5700 Put tomorrow.

30% ? so range becomes ..... 5,666 - 4000