Do we know Nifty going to bounce ?

U

uasish

Guest
#121
#121
Nifty Fut EoD ,same chart which was posted on 29th Oct 9.45 am just updating.
So once again Mkt proved no amount of jacking up effort (by Govt stimulus package) or good news (like IIP data) can ever had been able to divert the course what Mkt intends to take.
Only chart reading (foot steps what Mkt tends to leave behind) can give us the clue.
When it was expressed that the Mkt will have another Fall but the skepticals wanted a proof instantly ,never ever in Oct 29th onwards (in this thread) it was mentioned that the Fall will happen in few days ,always it was mentioned that it will take few weeks time .
So with full Open eyes we where ready to pounce and at the sign of weakness we shorted & also carried home FREE puts.
 

Attachments

L

learn2trade08

Guest
#127
#127
dear asish'da...
this is a humble request...as i am trying to dig deeper into the markets i stumbled upon ewt and trying to grasp it...
can you please post a chart for the same as in your previous posts there is no mention of 2970 on charts.
thanks in advance and a humble request again.

uasish said:
Above 2970.20 Nifty Fut will start an Upswing.
Click to expand...
 
Last edited by a moderator:
L

learn2trade08

Guest
#130
#130
asish'da...
sincerely appreciate your time...will look into it.
all the best.

uasish said:
So it failed to go above 2970.20,when Friday's close was 2946.15.:)

L2T,

The EW analysis chart is here only since end Oct.The fig 2970.20 was an imp. Level more like 'Make Or Break' type.

Asish
Click to expand...
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
M Nifty option strategy chart in Dhan Optiontrader Brokers & Trading Platforms 3
R What you feel is nifty going to open negatively positively or flat Monday morning General Trading & Investing Chat 2
T Is Nifty going to 11000 Equities 15
K Nifty points going. to rise in new year? Brokers & Trading Platforms 0
T Where is nifty going? Derivatives 35

Similar threads