Thread by @sumitverma29

A system based model indicating oversold reading. Pullback likely in next 1-2 days. Trend is still down.

System update.

Update: System turned Bullish today.

Update: System continues to remain Bullish

Update:

Update on system.

SYSTEM has turned BULLISH today. Hope it lasts.

Update: System is still Bullish.

Update: System is still Bullish

System is still Bullish

Update: System turns neutral

Update: System is still Bearish. Can't argue with it.

Update: System turns "Neutral" today. @jineshsheth55

Update: System turns "Bullish" today.

Update: System is "Bullish"

Update: System turns "Neutral"

Update:

Update: System turns "Neutral"

Update: System turns "Bullish"

Update:

Update:

Update: System is still "Bullish" #NIFTY

Update: System continues to stay "Bullish"

Update: "Bullish"

Update: Bullish

Update: Bullish

Update: System is still Bullish.

"Trend is your friend except at the end where it bends." - Ed Seykota

Update: System is still Bullish #NIFTY

Update: System turns "Neutral" #NIFTY

Update: System is currently "Bearish"

Update: System is still bearish. (Key reversal level on price chart: 7670)

Update: No change in stance. System is still bearish.

Update: System changed to "Neutral" today.

Update: System is "Neutral" but factors are changing. (Pts 0-3 in 2 days). #NIFTY long term chart showing breakout.

Update: System finally turned "Bullish". #NIFTY showing momentum. Today's FII Derivative stats are stunning.

Update: System is still "Bullish"

Update: System is still "Bullish" but is little cautious as "Pt" <> 5. However, lets stick to the view. #Nifty

Update: System is still "Bullish". #NIFTY NIFTY 500 Index chart is also Bullish.

Update: System signal changed. #Nifty

Update: System continues to remain "Bearish"

Update: System turns "Bullish". It doesnt knw abt Revised Mauritius tax pact. I think its follwin US Markets now ;-)

Update: System turns "Neutral" again. #Whip #NIFTY System signals cannot b controlled. Lets try to control "emotion"

Update: System turned "Bullish" again. #ruthless #keepcalm #NIFTY

Update: System turns "Neutral" again. Now its 4 consecutive losses. I still trust my system. #Faith #System #Nifty

Update: System turns "Bullish" again. #Nifty Line chart is yet to show a breakout from long term falling channel.

Update: System turned "Neutral" again. #Phew #Nifty

#Bullish #Nifty

This is what happened to Bears this week. #Nifty

@sumitverma29 I try concentrate more on strength and weakness rather than targets but this time 'this' look probable

#NIFTY: I guess one should not try2predict max. upside in an uptrend. Level below which "Bullish" view changes: 8270

@sumitverma29 Updated Nifty chart. "Bullish" view changes below 8540.

Year 2016 has been difficult for my system and so is 2017 till date. Expecting mean reversion from hereon. #Nifty current signal is #Bullish