Do we know Nifty going to bounce ?

[uasish]

http://www.traderji.com/equities/11432-todays-buy-levels-317.html#post258781

Today's Nifty Fut in EoD has a Long bias.

 

[uasish]

This chart's Line ,is guiding even after few weeks.Kindly mark today's High & Low .

http://www.traderji.com/attachments...-we-know-nifty-going-bounce-nifty-fut-eod.png

This rally was expected.
http://www.traderji.com/equities/11687-do-we-know-nifty-going-bounce-9.html#post258172

 

[uasish]

From tomorrow we will have to watch the downside 2 Levels as in those charts;
2817 / 2777.

 

[uasish]

From tomorrow we will have to watch the downside 2 Levels as in those charts;
2817 / 2777.

As expected atleast the 2817 Down level came today.

 

[ThE HaMmEr]

As expected atleast the 2817 Down level came today.

sir can u throw sum light...

y 2817 2777 ???

 

[debdeeps]

sir can u throw sum light...

y 2817 2777 ???

Asishda, Is there any possibility of retesting these levels in near future again?

 

[uasish]

sir can u throw sum light...

y 2817 2777 ???

One is a supp/res line & the other one a Fibo,plz see the chart.

 

[uasish]

debdeeps,

On 10th Dec post Mkt it was specifically mentioned that we are to look for downside 2 levels,means retest of 2817 / 2777 level,it did the next day at the Opening.
The High of 2939.60 was also in the vicinity of our Chart's Line 2949.55,still now OK.
Now to express my views on your query,yes we may see those levels again.

Asish

 

[kkseal]

I'm not through with this mkt profile thingy yet, but visualizing from the i/day charts the region around 2800/2825 is the nearest 'attractor zone' (coincides with Asishda's lvl) the next logical lvl for Nifty is around 2900, but this hasn't 'firmed up' yet.

Regards

 

[uasish]

Today also the Low 2947.95 (uptil now) was only 2 points difference from the chart's Line .
If we verify the past posts many days these lines (which was drawn few week's ago) gave us the guidance for Day's High or Low (few points this side that side).