sgx Nifty

This is how I see SGX Nifty. It needs to Move out of the TRIANGLE. This TRIANGLE exists in the 3/5/15 tfs. The Question now remains will we be able to replicate sgx ???? We should get a gap up..... how much ???? Remains the Question. On NF..... there were Some FRESH LATE SHORTS added in the 17067-85 range... hence yesterday i mentioned that should we get a GAP UP above 17077.... these shorts will get FRIED. All the BEST

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EXACTLY THE SAME SET UP IS ON THE DJIA FUTURES AS WELL

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THE POSSIBILITY OF THE TARGET NOT COMPLETING EXISTS AND DEPENDS ON THE SELLING AT KEY FIB LEVELS

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ONCE NF SROSSES OVER AND SUSTAINS ABOVE 17075-85 RANGE..... EXPECT SOME SHORT COVERING TOWARDS 17200-215 RANGE

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IF BNF IS UNABLE TO CROSS TODAYS HIGH.... THERE WILL BE STELLER SELLING TOWARDS 38500

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17020-25 ZONE NOW BECOME CRITICAL FOR NF TO CROSS OVER AND SUSTAIN.... AND THEN 17070-85 ZONE..... 161.8% OF TODAYS RISE/ FALL COMES IN AT 17131..... THIS HOPEFULLY SHOULD BE THE MINIMUM TO ACHIEVE

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16978 IS THE 23.6% FIB FOR TODAYS WAVE... AND IF NOT HELD... WE FALL FURTHER

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THERE IS TOOOOOOOO MUCH SELLING PRESSURE AT 17025 N ABOVE LEVELS UPTO 17075-85 ZONE.... NF HAS TO TAKE THESE OUT ONLY THEN WE MOVE UP

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NF BACK INTO THE SELLING ZONE 17050- 17075

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MOMENTUM ON BNF PICKS UP ABOVE 38915 AND 38975 SUSTAINING

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NOW IF FOLLOW UP BUYING TAKES PLACE HERE...... I WOULD EXPECT NF TO GO TO 17131 AND 17245-260 RANGE

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JUST REMEMBER SOMETHING.... NF 17200-220 ZONE WAS SUSTAINED... BROKEN.... SUSTAINED... BROKEN 3-4 TIMES I THINK..... HENCE THIS LEVEL WILL BE EXTREMELY IMPORTANT AND I HAVE NO CLUE WHETHER WE CAN GET IT TODAY. HOWEVER A GAP UP ON ANY FINE DAY ABOVE THIS LEVEL AND SUSTAINING IT....... SHORTS R DEAD FOR 17465 ATLEAST....

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SHORTS WERE CREATED ON BNF AT 39004 TO 39067 LEVELS..... SO HOPEFULLY BNF WILL TAKE THESE SHORTS OUT

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CAREFUL NOW....... BNF MUST MUST STAY ABOVE 39040 .... ELSE PROBLEMS

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NF ''''''MAY''''' HAVE THE BELLY TO GO TO 17186.... EITHER TODAY OR TOMORROW AND THAT IS THE MAXIMUM I SEE FOR NOW. ANYTHING ABOVE EVEN 17131 CONSIDER IT A BONUS

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BUT 1ST....... NF NEEDS TO BREAKOUT OF THE CHANNEL SUSTAINING ABOVE 17050 ATLEAST

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I WOULD BE MORE CAUTIOUS AND SAY THAT NF MUST CROSS AND STAY ABOVE 17065... THIS IS VERY IMPORTANT

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YOU GOT YOUR MOVE UP ...... NOW DONT BE GREEDY ..... I COVERED ALL MY LONGS AT HIGHS

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I HOPE I CAN GET MORE AND MORE OF YOUR BOOSTS/LIKES. IT GIVES ME THE CONFIDENCE TO HELP YOU ALL FURTHER

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IF YOU CAN COUNT YOUR WAVES EVEN ON THE SMALLEST OF TIME FRAMES..... YOU WILL MAKE YOUR MONEY AS I DID ....

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ONCE MARKET CROSSES THE SHORT SUPPLY ZONE..... THEN IT STAYS ABOVE.... SO ENJOY THE RIDE

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I JUST WONDER HOW MANY HAND HOLD OTHERS IN THIS FORUM WITHOUT ASKING FOR FEES. I TELL YOU GUYS EVERYTHING FOR FREE AND IT WILL ALWAYS REMAIN FOR FREE TILL I AM HERE..... I EVEN TELL YOU ALL MY POSITIONS, AND I HOPE YOU GUYS ARE HAPPY

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YOUR 161.8% DONE ON NF 16131.25...... DONE 16134.....

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BNF DOES 161.8% AS WELL OF TODAYS RISE 39231.45..... DID 39235

deepgups

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