Daily Tryst with Nifty

[lazytrader]

Nothing special with the BB settings. You'll see it with any setting the thing is however that you need to see it. Put BB on your chart and watch the width narrow when the candles shorten. With a little experience it is easy to spot. I use std 20,2 settings.

Doesn't look like it can break above 4600.

 

[praveen taneja]

4600 done now RIL to trade above 1950 max of this rally i think 4690 can b today or tomm

 

[krishna9435]

metal sahres on high

 

[lazytrader]

Rising wedge forming on 30 min. I'm afraid breakdown will happen when we hit 4600 on spot which would be on the next up move. Keep close watch on price action at 4600. R1 around 4600.

 

[lazytrader]

Anyone taken any trade yet?

Looks like today is brokers day

 

[Aqua9]

Anyone taken any trade yet?

Looks like today is brokers day

Hi LT

Short@ 4600 and covered at 4570 = 30 Points Net.

 

[lazytrader]

that was brave.

 

[humble]

On the hourly charts - the last two bars are a doji, followed by a spinning top - market is deciding which way to go .

Regards,
-Sri

 

[ag_fx]

Sunil,

Mission Independene..Short trade reached tgt...m sure u observed.

 

[Sunil]

Sunil,

Mission Independene..Short trade reached tgt...m sure u observed.

even before PL break, the EMAs had crossed -vely....
viz end of 11:45 bar