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NIFTY PREDICTION |
mchart White Belt
Joined: 06 Aug 2013 Posts: 8
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Post: #106 Posted: Fri Aug 16, 2013 12:12 am Post subject: |
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[quote="ritapandit25"] ajit602 wrote: | ritapandit25 wrote: | NIFTY IF CROSS 5736 ONLY UPSIDE POSSIBLE .
IF NIFTY NOT ABLE TO CROSS TODAY THEN IT WILL COME DOWN TILL 5670 LEVEL THEN TURN UPWARDS TO 5800-5900 LIKELY.[/quote
sir/mam your prediction is really useful. but please post strategy if any behind your prediction,
thanks |
Dear ajit602,
Nifty make the high of 5735.55 & then not able to break more than an hour. Hence 5735.55 was strong resistance.Nifty was getting supply near this level. Hence Nifty need to break 5736 level to go above & lastly it does & gone up to 5754 level where its find another resistance.Now next trading session 5736 will be the support breaking this level more than once will move down to 5716-5705 level.
Regards. |
5743 was 38.2% retracement of the down move and first meaningful point for bears to go short... though most preferred is 50-60% range..which in this case would be 5800-5850.... also huge cluster of 200, 100, 50, 20 MAs is also there with negative crossovers for any combo you may take. |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #107 Posted: Fri Aug 16, 2013 10:07 am Post subject: |
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Nifty likely to take support at 5885.After breach of 5604. |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #108 Posted: Fri Aug 16, 2013 1:29 pm Post subject: |
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Buy Nifty at Nifty Spot 5555-5565 with Stop Loss 5530(25-35 point risk). Next weekly Target-5790 & above. |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #109 Posted: Fri Aug 16, 2013 2:19 pm Post subject: |
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ritapandit25 wrote: | Buy Nifty at Nifty Spot 5555-5565 with Stop Loss 5530(25-35 point risk). Next weekly Target-5790 & above. |
Stop loss hit.
Nifty now eye on 5487 & then 5327 or even lower.....
Looking for short at higher level . |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #110 Posted: Fri Aug 16, 2013 2:55 pm Post subject: |
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For Bulls Nifty should close above 5571, chances of bounce back to 5630 level.
Break of 5509 level will be Mega fall. |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #111 Posted: Fri Aug 16, 2013 3:07 pm Post subject: |
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ritapandit25 wrote: | For Bulls Nifty should close above 5571, chances of bounce back to 5630 level.
Break of 5509 level will be Mega fall. |
Nifty Break 5509 level 5450-5390-5200 level confirm. |
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manojkr78 Green Belt
Joined: 07 Mar 2011 Posts: 1014
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Post: #112 Posted: Fri Aug 16, 2013 7:46 pm Post subject: |
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5509 levels is for monday?? or any day next week.... |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #113 Posted: Sat Aug 17, 2013 12:26 pm Post subject: |
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manojkr78 wrote: | 5509 levels is for monday?? or any day next week.... |
This is second(After 7/8/2013)time when Nifty close below 5520 level, where I commented that if Nifty again close below 5520 will target 5200 level.
But full confirmation only when Nifty break 5484 level.
Any sharp fall result sharp rise also. |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #114 Posted: Sat Aug 17, 2013 1:41 pm Post subject: |
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Is Nifty going for Triple bottom? or going for total break down?
Wave A=Fall from 6093 to 5487(606 points)
Wave B=Rise from 5487 to 5755.(268 points)
Wave C=Fall from 5755 to xxxx
Generally A=C then 5755-606=5149. C=Ax1.618.C=606*1.618=980points.
Then C=5755-980=4775 Level.
If Nifty reverse from 5477 level then above theory will negate.
If Nifty able to sustain above 5588 level & gives closing then Upside movement will start.( I can be wrong, afterall Market is Boss). |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #115 Posted: Sun Aug 18, 2013 8:46 pm Post subject: |
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Bank Nifty for 19/08/2013:
Bank Nifty Pivot =9587.
Bank Nifty Close=9451.
Go Short below 9420 Target=9320-9285-9094-8995.(R1=9535,R2=9590)
Buy above 9625 Target=9709-9750-9808. |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #116 Posted: Mon Aug 19, 2013 2:35 pm Post subject: |
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Buy NF@5380 with tight Sl 5365. Tg 5400-5410-5420. |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #117 Posted: Mon Aug 19, 2013 3:25 pm Post subject: |
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ritapandit25 wrote: | Buy NF@5380 with tight Sl 5365. Tg 5400-5410-5420. |
Target fully achieved today. |
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manojkr78 Green Belt
Joined: 07 Mar 2011 Posts: 1014
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Post: #118 Posted: Mon Aug 19, 2013 3:31 pm Post subject: |
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very nice call... |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #119 Posted: Mon Aug 19, 2013 3:34 pm Post subject: |
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manojkr78 wrote: | very nice call... |
Thanks, manojkr78. |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #120 Posted: Mon Aug 19, 2013 5:48 pm Post subject: |
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Nifty for 20/08/2013:
Nifty Pivot=5425.
Nifty>5425 & sustain above it Tg-5440-5465-5478.
Nifty <5425 & remains below it Tg-5380-5350-5327-5309. |
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