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Nifty-50

Discussion in 'Technical Analysis' started by jignesh_acharya, Dec 28, 2014.

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  1. shabbir

    shabbir Administrator Staff Member

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    I am not very bullish for quite sometime but then it was not happening as I expected but looks like now it will.
     
    shabbir, Jun 12, 2015
    Share #61
  2. saptarshi_sachin

    saptarshi_sachin Responder

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    In my view, 7900 will be a good zone for Nifty where it will find good support.
    If 7900 breaks too easily, then we will see lower levels coming very fast, otherwise not.

    Sent from my XT1033 using Tapatalk
     
    saptarshi_sachin, Jun 13, 2015
    Share #62
  3. jignesh_acharya

    jignesh_acharya Active Member

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    What is your view? Tripple Top Pattern
     

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    jignesh_acharya, Jul 4, 2015
    Share #63
  4. shabbir

    shabbir Administrator Staff Member

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    I would avoid long positions for sure.
     
    shabbir, Jul 5, 2015
    Share #64
  5. saptarshi_sachin

    saptarshi_sachin Responder

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    Depends on many things... May be one of them is outcome of greece referendrum today or tomorrow morning certainly some decision or outcome going to come....

    But apart from that, what does a triple top indicate in a technical chart?
    Is it a blockage kind of a thing, meaning down will be the trend (bearish), or its a good sign (bullish)?



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    saptarshi_sachin, Jul 5, 2015
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  6. jignesh_acharya

    jignesh_acharya Active Member

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    For shorting you advise?
     
    jignesh_acharya, Jul 5, 2015
    Share #66
  7. jignesh_acharya

    jignesh_acharya Active Member

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    Crossed 8500, surprise for me
     
    jignesh_acharya, Jul 6, 2015
    Share #67
  8. saptarshi_sachin

    saptarshi_sachin Responder

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    Yes surprise indeed. Triple top not confirmed at all. Violated & Nifty breaking out of 8480+ and closing above 8500.

    Trend is our friend now. Here I maintain a positive stance, and target seems to be much higher. Maintaining tgt of 8650+ in this week itself, and would not be surprised if 8700+ is achieved in this week itself.

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    saptarshi_sachin, Jul 6, 2015
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  9. shabbir

    shabbir Administrator Staff Member

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    Quite surprising uptrend but looks faky.
     
    shabbir, Jul 8, 2015
    Share #69
  10. saptarshi_sachin

    saptarshi_sachin Responder

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    Yes Shabbir you were correct! Spot on!
    Mkt down 160 points

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    saptarshi_sachin, Jul 8, 2015
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  11. jignesh_acharya

    jignesh_acharya Active Member

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    Cup and Handle

    Cup and handle pattern has been seen in nifty hourly chart

    Whats your view shabbir?
     

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    jignesh_acharya, Aug 5, 2015
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  12. shabbir

    shabbir Administrator Staff Member

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    Exactly
     
    shabbir, Aug 5, 2015
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