nifty is making lower high and lower lows

kailash123p@yahoo.co.in (12/19/2012 1:35:47 PM): after gap up opening  nifty  is making  lower  high and lower lows ....means ?
kailash123p@yahoo.co.in (12/19/2012 1:38:04 PM): after gap up opening  nifty  is making  lower  high and lower lows ....means ?  ur  answers will be posted at dhanvarsha with chart  indication ...


Sathya (12/19/2012 1:51:13 PM): If bullish & to breach 5939, it should hold 5910(61.8% of last rise);
If fails, it would mean, it is correcting the entire rise from 5823 to 5939 which would mean lows below 5900.(Refer Fibo.table)



Kailash Pareek (12/19/2012 1:36:22 PM): weakness but depends on what time frame


vinod (12/19/2012 1:37:14 PM): 60-80points on lower side
kailash123p@yahoo.co.in (12/19/2012 1:37:40 PM): what s 60  80
vinod (12/19/2012 1:39:37 PM): 5880 & 5860 TGT on lower side


Anju A (12/19/2012 1:38:26 PM): GAP FILLING sir
Last message received on 12/19 at 1:38 PM
kailash123p@yahoo.co.in (12/19/2012 1:41:52 PM): ok

Rajeev Ranjan (12/19/2012 11:37:39 AM): if nifty spot will trade below 5920 then i think it will go down 

kailash123p@yahoo.co.in (12/19/2012 11:37:57 AM): yes  

kailash123p@yahoo.co.in (12/19/2012 11:38:14 AM): see  5939 is old level 

kailash123p@yahoo.co.in (12/19/2012 11:38:27 AM): below it  nifty  is in bears grip

Rajeev Ranjan (12/19/2012 11:40:08 AM): yes

kailash123p@yahoo.co.in (12/19/2012 11:40:19 AM): have u checked ?

Rajeev Ranjan (12/19/2012 11:40:42 AM): old level 

kailash123p@yahoo.co.in (12/19/2012 11:40:48 AM): yes

kailash123p@yahoo.co.in (12/19/2012 11:40:51 AM): at charts

Rajeev Ranjan (12/19/2012 11:41:15 AM): yes at 11 and 7 dec also 

Rajeev Ranjan (12/19/2012 11:41:20 AM): same thing happened

Rajeev Ranjan (12/19/2012 11:42:44 AM): hourly chart is shwoing same pattern as previous till now 

kailash123p@yahoo.co.in (12/19/2012 11:43:17 AM): like?

Rajeev Ranjan (12/19/2012 11:44:06 AM): like on 7th 11.55 red candle and didnt go up after 5940 

kailash123p@yahoo.co.in (12/19/2012 11:44:50 AM): ok 

kailash123p@yahoo.co.in (12/19/2012 11:44:55 AM): then

Rajeev Ranjan (12/19/2012 11:45:26 AM): on 12th same 12 o clock red candle and again red candle and slowly came down 

Rajeev Ranjan (12/19/2012 11:45:30 AM): i dont am i correct or not but as i understand 

Rajeev Ranjan (12/19/2012 11:46:12 AM): sorry on 11th 

kailash123p@yahoo.co.in (12/19/2012 11:46:27 AM): ok 

Rajeev Ranjan (12/19/2012 11:46:56 AM): then it came down and took support at 5894-5990

kailash123p@yahoo.co.in (12/19/2012 11:47:09 AM): yes

Rajeev Ranjan (12/19/2012 12:44:32 PM): nifty moving up , i think we are the against the trend 

kailash123p@yahoo.co.in (12/19/2012 12:45:27 PM): nifty is trading still below day high

kailash123p@yahoo.co.in (12/19/2012 12:45:38 PM): range is too short 

Rajeev Ranjan (12/19/2012 12:45:46 PM): yes

kailash123p@yahoo.co.in (12/19/2012 12:45:54 PM): 5939  5961

kailash123p@yahoo.co.in (12/19/2012 12:46:00 PM): now at 5954

kailash123p@yahoo.co.in (12/19/2012 12:46:34 PM): 10  15 points  are  nothing for players 

kailash123p@yahoo.co.in (12/19/2012 12:48:02 PM): it may  be bull trap 

kailash123p@yahoo.co.in (12/19/2012 12:48:16 PM): as it trapped bears last day

kailash123p@yahoo.co.in (12/19/2012 12:52:38 PM): now  what is ur view ....changed or same  5947 now

Rajeev Ranjan (12/19/2012 12:53:27 PM): yes trading in less then 10 point 

Rajeev Ranjan (12/19/2012 12:53:51 PM): if spot will cross 28-29 and start trading above then may be risk 

kailash123p@yahoo.co.in (12/19/2012 12:54:09 PM): no risk below 5940  spot

kailash123p@yahoo.co.in (12/19/2012 12:54:32 PM): bulls will be power ful above 5950  spot

kailash123p@yahoo.co.in (12/19/2012 12:54:38 PM): below that

kailash123p@yahoo.co.in (12/19/2012 12:54:46 PM): it may trade in range

kailash123p@yahoo.co.in (12/19/2012 12:54:55 PM): or may correct

Rajeev Ranjan (12/19/2012 12:55:05 PM): yes

Rajeev Ranjan (12/19/2012 12:55:59 PM): 5900 very much possible for one correction 

Rajeev Ranjan (12/19/2012 12:56:30 PM): spot

kailash123p@yahoo.co.in (12/19/2012 12:56:33 PM): today it will take support at 5900 

Rajeev Ranjan (12/19/2012 12:56:45 PM): yes it seems 

Rajeev Ranjan (12/19/2012 12:57:11 PM): after 2 can be seen the real status

kailash123p@yahoo.co.in (12/19/2012 12:57:15 PM): and futures may see 5925  20 

kailash123p@yahoo.co.in (12/19/2012 12:58:00 PM): see  eod  chart closed making hammer/hanging man 

Rajeev Ranjan (12/19/2012 12:58:41 PM): yes but it is not in top 

Rajeev Ranjan (12/19/2012 1:05:08 PM): hourly chart indicators are positive if 2-3 candle become green then adx will also turn in positive 

kailash123p@yahoo.co.in (12/19/2012 1:05:34 PM): u are watching charts at ?

Rajeev Ranjan (12/19/2012 1:35:50 PM): means in the higher level there is no buying and support to sustain 

Rajeev Ranjan (12/19/2012 1:36:15 PM): lower high and lower low always for down trend signal

Rajeev Ranjan (12/19/2012 1:37:53 PM): it is not exactly lower high lower low but lower lows are sure in 5 min chart 

Last message received on 12/19 at 1:37 PM

kailash123p@yahoo.co.in (12/19/2012 1:44:22 PM): ok

Partha Banerjee (12/19/2012 2:04:10 PM): Nifty is drifting down

kailash123p@yahoo.co.in (12/19/2012 2:05:07 PM): means will crack ?

Partha Banerjee is typing...

Partha Banerjee (12/19/2012 2:07:35 PM): Sir, only this much can be said that the year is ending on a downward bias. My guess, a rather naive one, is that without any strong reason to back nifty up, NIfty may slowly trend down.