iCharts Discussions

[anand1234]

[buffet71]

To,Anand1234, Keep Hawk eye on this numbers.................................... 5613 (Weekly Pivot broken ), 5578 ( Daily S2 broken & bounce back ), 5565 (Weekly S1 ), 5488 ( Monthly Pivot ), 5483 ( Weekly S2 ).Regards Buffet71.

[casper]

hii anaad da

check the two charts i am posting, both are nifty futures, one is close up and another is a bit long term view

as of now, we had a series of lower highs which indicate we are in down trend, with much respect to all senior/juniors , i will say, unless we clear aprox 5780 in nf by closing, there will be no bull run, coz the main down ward tl is the trend decider here and unless broken, this tl will act as resistance for any upmove, so for any long, this tl should act as our target.

now on downside, we are just sitting on an imp support of a trend line as well as 34 ema both of which can be broken by 5570 nf, so we need to break below this level to see further down moves

finally, if we look at much longer pciture downside, then we will find solid support only around 5320-5260 range

and this 5260 will be a real tough thing to be broken, so my view in nifty is , we will move between 5260-5780 for a longer time before we break any of them decisively
remember, this is not a call to short, this is just a view which is not going to happen in one or two days, we may stay here for months

[anand1234]

hi............casper

thanks for ur updates..............pls keep updates for us

thanks
anand

[anand1234]

hi............all

every one is thinking mkt will take supports.............and will go for bull run...............that means mkt is bearish...........coming down......
(turmoil world mkt/govt scam/reporate high.....etc)
experts pls comments...............tgt for possitional is 4500

thanks
anand

[anand1234]

hi...........all

after 2.00 pm..............mkt will go up or dwn??...........any idea??...........................I think more pain is pending.........so after 2.00..........europe mkt is red.........will go dwn??...........seniors pls comments

thanks
anand

[anand1234]

[anand1234]

hi...........all

In my little knoledge...............mkt will come dwn..............for short tgt 5300 & then 4500(possitional.).................seniors pls comments on this

thanks
anand

[buffet71]

[quote="buffet71"]Hi,VEERU, I probably decoding your number fantasy.Two pairs of 55 makes 110 & it is 110% that a TSUNAMI is ahead. So,wise to be in high land.Take care traders. Regards, Buffet71.[/quote"WHAT Buffet71 THINKS TODAY THE REST ARE THINKS TOMORROW". Regards Buffet71.

[anand1234]

hi............all

be aware from mkt................below 5485..........heavy dwn fall will come..................5580 is strong res...........according to me...........seniors pls comments

thnaks
anand

[ajayhkaul]

There will be a day when some Tsunami will hit somewhere. If we keep repeating it like a mantra , when it actually hits , we will say that 'I told you so'!!! Same thing for a major rally ... keep saying it and someday it will happen. The fact is once you go long or short YOU HAVE NO CONTROL on the market . So what can you do ? CONTROL YOURSELF , of course! And that is thru risk management etc. Yes , we can discuss in terms of probabilities and at this moment , there doesn't seem to be a chance of the Tsunami ... but there seems to be a lot of bears who will stick to their last weeks stand in anticipation of the global turmoil due to the issues in the US . So will the bulls take the day ? Or is it going to be a tie? we will know after 1345hrs IST. Till then , relax and use risk management. Do what the Japs did when Tsunami hit them ....they stayed disciplined. Good Luck and enjoy the uncertainty of the trading game

[anand1234]

[vinay28]

Very well said Ajay!

[anand1234]

[anand1234]