Sun Raha Hai Na Tu - Aashiqui 2
Nifty technical view update.. what next ??
at 10:16:00 PM
Nifty technical view update.. what next ??
Posted on April 11th >> "if nifty is holding around 5450 levels, we might get a relief rally for next 1/2 months."
Yes, we got a nice relief rally.. towards the top of 6100 itself, that makes it more complex and if the bears are coming in, its going to be a flat correction.. In that case next first short term target will be the 5450 bottom and it may take next two months.
As far as nifty is getting resistance from the current top levels and not breaking 6200 levels.. we hold on to the bearish view > NIFTY LONG TERM TECHNICAL VIEW: EXPECTING A MAJOR CORRECTION IN INDIAN STOCK MARKETS .
If nifty breaks & holds above 6100/6200 levels, entire view is going to change, but that seems very difficult as of now and we stick to the bearish view. Resistance levels are the same 6150/6220
// all the last projections worked good, but that doesn't gives guarantee for future.These are high speculation based on different types of technical studies. trade wise..
//i will not be able to update charts & views for next few months.. will be back soon..
Posted on April 11th >> "if nifty is holding around 5450 levels, we might get a relief rally for next 1/2 months."
Yes, we got a nice relief rally.. towards the top of 6100 itself, that makes it more complex and if the bears are coming in, its going to be a flat correction.. In that case next first short term target will be the 5450 bottom and it may take next two months.
As far as nifty is getting resistance from the current top levels and not breaking 6200 levels.. we hold on to the bearish view > NIFTY LONG TERM TECHNICAL VIEW: EXPECTING A MAJOR CORRECTION IN INDIAN STOCK MARKETS .
If nifty breaks & holds above 6100/6200 levels, entire view is going to change, but that seems very difficult as of now and we stick to the bearish view. Resistance levels are the same 6150/6220
// all the last projections worked good, but that doesn't gives guarantee for future.These are high speculation based on different types of technical studies. trade wise..
//i will not be able to update charts & views for next few months.. will be back soon..
Nifty hits medium term target of 5450 level
Apr 11, 2013 at 2:06:00 PM
Nifty hits medium term target of 5450 level.
Low made today ( so far) 5442 ... Hits the target as exactly as posted, expected it to hit these levels by mid of april // read earlier posts for details .
Yes, timeframe projection also worked good. As of now, if nifty is holding around 5450 levels, we might get a relief rally for next 1/2 months. Our long term view remains same //read earlier posts // ..will try to update charts. Will be back soon..
Low made today ( so far) 5442 ... Hits the target as exactly as posted, expected it to hit these levels by mid of april // read earlier posts for details .
Yes, timeframe projection also worked good. As of now, if nifty is holding around 5450 levels, we might get a relief rally for next 1/2 months. Our long term view remains same //read earlier posts // ..will try to update charts. Will be back soon..
Nifty technical view update, Index near first medium term target
Apr 10, 2013 at 4:06:00 PM
Nifty technical view update, Index near first medium term target
Nifty low made today >> 5477.20 // just as posted read that post
Posted on feb 28th >> Already posted long term bearish view on nifty ( read ), so now its time to update our first medium term target, we keep 5450 as our first medium term target and expecting it to reach it in next few months ( may be by mid of April )//
We were bearish from January itself ( read ) >> given 5760/40 as first short term target ( read that post ) >> posted about a bounce towards 5950 levels ( read that post ) and given first medium term target as 5450 level (read that post)
and what happened ????? Nifty moved exactly as posted. from 6100 levels to 5470 levels.. what a perfect medium term swing.
What next ?? we hold on to the view that posted few months back.. please read previous posts to get details.
i will not be able to update charts & views for next few months.. will be back soon.. contact
Nifty low made today >> 5477.20 // just as posted read that post
Posted on feb 28th >> Already posted long term bearish view on nifty ( read ), so now its time to update our first medium term target, we keep 5450 as our first medium term target and expecting it to reach it in next few months ( may be by mid of April )//
We were bearish from January itself ( read ) >> given 5760/40 as first short term target ( read that post ) >> posted about a bounce towards 5950 levels ( read that post ) and given first medium term target as 5450 level (read that post)
and what happened ????? Nifty moved exactly as posted. from 6100 levels to 5470 levels.. what a perfect medium term swing.
What next ?? we hold on to the view that posted few months back.. please read previous posts to get details.
i will not be able to update charts & views for next few months.. will be back soon.. contact
Nifty technical view update, hits first short term target, what next ?
Feb 28, 2013 at 1:20:00 AM
Nifty technical view update, hits first short term target, what next ?
The highest point that nifty touched on 29 Jan was 6111.8. At that time, everybody was busy in giving bull targets. But we posted bearish view that time > read it & check post time and index value.. who dared to take shorts??
Not only that day, we were posting bearish view from jan start itself > read from previous posts
And what happened from there ???
Those excited bulls are ashamed to come out as of now > clearly written on Jan 15th
What next ??
Our 1st short term target is taken. it was at 5760/40 levels. As of now we stick to the view posted on Feb 22 > We might get a short term base around 5760/40 levels
If nifty gets a base around these levels, we expect a short term bounce towards 5950 levels may be in next 20 days // Don't try to trade this bounce, this is going to be a high risky bounce //
Already posted long term bearish view on nifty ( read ), so now its time to update our first medium term target, we keep 5450 as our first medium term target and expecting it to reach it in next few months ( may be by mid of April )//
check updated chart for details. will update.
The highest point that nifty touched on 29 Jan was 6111.8. At that time, everybody was busy in giving bull targets. But we posted bearish view that time > read it & check post time and index value.. who dared to take shorts??
Not only that day, we were posting bearish view from jan start itself > read from previous posts
And what happened from there ???
Those excited bulls are ashamed to come out as of now > clearly written on Jan 15th
What next ??
Our 1st short term target is taken. it was at 5760/40 levels. As of now we stick to the view posted on Feb 22 > We might get a short term base around 5760/40 levels
If nifty gets a base around these levels, we expect a short term bounce towards 5950 levels may be in next 20 days // Don't try to trade this bounce, this is going to be a high risky bounce //
Already posted long term bearish view on nifty ( read ), so now its time to update our first medium term target, we keep 5450 as our first medium term target and expecting it to reach it in next few months ( may be by mid of April )//
check updated chart for details. will update.
