SGX Nifty Futures
LTP 10,940.00 +26.00 +0.24% High 11,041.50 Low 11,001.00 (Change Vs Today’s Nifty Futures (NSE) Closing)
Nifty Futures 17th Feb 2017
Nifty Futures / SGX Nifty continued its consolidation in a small trading range. As per our analysis we once again reiterate that we do not see money being made by buying around these levels from a 12 month forward perspective with the exception of sugar stocks and some other commodity if we do leave these two sectors we do not see money being made in any of the remaining sectors from a 12 month forward perspective so please keep in mind that we do not suggest buying for now rather this is an area for selling and when to sell where to sell how much to sell we have been communicating with our clients but on a broader market perspective we do not see buying making money from now on. If you are only trading on the basis of this post please manage your own risk and trade as per your own risk management. Please never over trade.
Nifty is now approaching a very important time cycle point whose origins go all the way back to March of 2009 so it could be very likely that the bullish cycle that started in 2009 March is about to see some major changes in the next few months. We know that most people are now very bullish on the market and some are even projecting targets of 9500 and 10000 on the Nifty but we do not see much upside from an investment perspective.
There are some very critical Astro signatures taking place from 26th Feb 2017 onwards and what the market does around that time band would be very critical and keep in mind it is not only the stock market but all other assets will also have to be watched from around 26th Feb to March 13th. During this time there are some of the most important Astro signatures of 2017 and they are in a lineup and all of them are in a cluster just right one behind the other. If certain conditions are meet then we could even see some of the worst panic in all assets and that kind of panic would not have been witnessed by many traders and investors but important point is to survive that panic and even better would be to make a fortune out of it. We are very clear that those clients who follow us will surely make great money so be careful how and what you trade over the next few months and be extremely careful over the next few days. How to make optimum profits from that panic we will keep updating our clients but for most of the people who read our view and are not our clients please manage your own risk and trade and also keep in mind that the final target is 5872 for Nifty and it may not just be a sell and hold it would rather be a trade position which would need to be adjusted from time to time depending on the overall market position. We will update more details in our post in a few days but the message we want to convey to everyone is that do not get euphoric and evaluate and think before you jump into a trade because if you make a mistake market could be very unforgiving.
Good Trading To You!