NIFTY FIFTY
- Thread starter AMITBE
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Um...quite honestly, don't really know and will not anticipate.
Also, don't know where European markets are now, but the Nifty is about 6% up.
And...as Goldie Locks is getting flatulent in a hurry, she may release the bloat to fall in line with those Europen markets?
But...this thread is not really meant for Euro markets and second guessing the gaps.
I've had to go drop the wife at the airport this morning...so couldn't post earlier. It's here now:
Some random thoughts on Memories.
She cannot quite recollect her childhood days, those days filled with expectation, hope and aspiration.
But she remembered that at some point her world, including the world around her was humming and abuzz with exhilaration, and that it grew into euphoria, rapturous euphoria.
At some point she had begun to feel giddiness, the kind that is inflicted by vertigo.
It caused her much dis-ease. Not that she particularly feared heights, but what caused her distress was that with each thrust, the drumming of hooves got so savage that she began to feel sore and bruised, even when she closed her eyes after hours. That infernal drumming of hooves surrounded her every moment. If the buildup-and-run is so forceful and virile, she would often wonder fearfully, then what of the crescendo, the approaching climax, and what lay beyond.
Then, as the pounding and snorting reached crazed and deranged levels, she heard a wise seer on television quoting from his tattered textbook in a hushed and pale tone: That her torment and suffering, her pillage and plunder, the galloping and the pounding would end at the peak of its own exhilaration, and then at euphoria, rapturous euphoria.
But the wise seer, much as he tried, could not figure what lay ahead.
His textbook had no answers even as he floundered and blundered along, trying to unravel future events: The prophecy and the oracle that may throw light on the future events, the wise seer figured, was arcane and esoteric, and very cleverly couched and imbedded within the complex equations formulated by an ancient Italian mathematician called Leonardo Fibonacci, and later befuddled even further by an accountant of the last century called R. N. Elliott.
But what did she care for such forecast and anticipation, as she lay in a critical state, drained of vital fluids, her blood-pressure rising and falling and on occasion hitting some circuit break, then riving.
She lives on, tormented by her nightmarish memories.
Luckily for us it is all about memory.
A collective mass of memory, as the old jungle saying says, is its own tormentor and guide, simultaneously.
Why, don’t we ourselves use memory, that wonderful mound of Dj Vu to navigate our way through the markets?
See those candlesticks and lines and trendlines et alia?
Nothing but Memory, that.
To quote from yesterday, and Czar's comment:
My post above refers to a priceline that the price gapped through yesterday, and which has risen now on account of the steep rise in NF itself.
It now rests around 3525 kind of levels.
Should the rise continue, NF will very likely need to test this area and play around it. Whether it pulls up again or drops there after, I cannot tell.
That 3525 area may of course shift a little to the up should NF hold the higher levels at this time.
Some random thoughts on Memories.
She cannot quite recollect her childhood days, those days filled with expectation, hope and aspiration.
But she remembered that at some point her world, including the world around her was humming and abuzz with exhilaration, and that it grew into euphoria, rapturous euphoria.
At some point she had begun to feel giddiness, the kind that is inflicted by vertigo.
It caused her much dis-ease. Not that she particularly feared heights, but what caused her distress was that with each thrust, the drumming of hooves got so savage that she began to feel sore and bruised, even when she closed her eyes after hours. That infernal drumming of hooves surrounded her every moment. If the buildup-and-run is so forceful and virile, she would often wonder fearfully, then what of the crescendo, the approaching climax, and what lay beyond.
Then, as the pounding and snorting reached crazed and deranged levels, she heard a wise seer on television quoting from his tattered textbook in a hushed and pale tone: That her torment and suffering, her pillage and plunder, the galloping and the pounding would end at the peak of its own exhilaration, and then at euphoria, rapturous euphoria.
But the wise seer, much as he tried, could not figure what lay ahead.
His textbook had no answers even as he floundered and blundered along, trying to unravel future events: The prophecy and the oracle that may throw light on the future events, the wise seer figured, was arcane and esoteric, and very cleverly couched and imbedded within the complex equations formulated by an ancient Italian mathematician called Leonardo Fibonacci, and later befuddled even further by an accountant of the last century called R. N. Elliott.
But what did she care for such forecast and anticipation, as she lay in a critical state, drained of vital fluids, her blood-pressure rising and falling and on occasion hitting some circuit break, then riving.
She lives on, tormented by her nightmarish memories.
Luckily for us it is all about memory.
A collective mass of memory, as the old jungle saying says, is its own tormentor and guide, simultaneously.
Why, don’t we ourselves use memory, that wonderful mound of Dj Vu to navigate our way through the markets?
See those candlesticks and lines and trendlines et alia?
Nothing but Memory, that.
To quote from yesterday, and Czar's comment:
My post above refers to a priceline that the price gapped through yesterday, and which has risen now on account of the steep rise in NF itself.
It now rests around 3525 kind of levels.
Should the rise continue, NF will very likely need to test this area and play around it. Whether it pulls up again or drops there after, I cannot tell.
That 3525 area may of course shift a little to the up should NF hold the higher levels at this time.
Last edited:
That 3525 area has risen a little to 3535.
So this is what the post from yesterday was alluding to.
Now, this is the area of conflict...this 3525-3535 zone...which NF has tested already.
Will it rally back, will it fall, don't know.
If falls, then I'd look for 3519-3505-3497-3489 for starters.
Not much time left tonight, but a gap down may well blow all those levels in a fall.
LOL Czar. 
Now who may that evil one in the picture be who steers the markets southwards??
In time, my friend, yes.
Thanks for all that dusting though. You must be covered in it?
Now all I need to do is clean and dust my head a bit...then will start.
Thanks again.
Amit.
Now who may that evil one in the picture be who steers the markets southwards??
In time, my friend, yes.
Thanks for all that dusting though. You must be covered in it?
Now all I need to do is clean and dust my head a bit...then will start.
Thanks again.
Amit.
Nice to see you back here in action. Some motivation to visit traderji site again..
Satya
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