Day Trading Futures

[LivetoTrade]

In India, November 14th is celebrated as "Children's Day" -- 9 months after "Valentine's Day."

 

[manishchan]

Great.. thank you so much. All making sense now. Thanks again

Once you have selected your strategy, and after it appears on the screen, click on "Graph" to view the Option smile - your break even, risk and possible earnings.

 

[ananths]

Deleted.....

 

[manishchan]

In India, November 14th is celebrated as "Children's Day" -- 9 months after "Valentine's Day."

and the side effects ...

 

[a1b1trader]

Hi friends

I tried a little on Ichimoku and hope that you will find it useful.

NIFTY Daily Chart
Nifty closed just at the resistance at 6056
Next resistances are at 6120 - 6145 and 6195

Likely to reach 6120 and if crosses and sustains over 6145 then we can see higher levels of 6190/6200 zone.

Supports are at 6020 - 5950 - 5825 and 5730.

NIFTY Ichimoku Chart Daily 14.2.14

NIFTY Hourly chart
Nifty closed just below the hourly resistance of 6055 and 6060. But as first sign of bullishness closed out of Kumo.
Crossing Kumo with a big green candle shows the strength of bulls.
But Chikou is still inside Kumo and below the priceline. It should cross about 6080 for the bullishness.

The resistance as per hourly chart are at 6075 - 6100 - 6114 - 6142 - 6175
And supports are at 6045 - 6015 - 6000/5995

NIFTY Ichimoku Chart Hourly 14.2.14

 

[a1b1trader]

My reading on the basis of patterns in TATASTEEL

Target on higher side 450
And target on lower side 310 or may be lower
Cant say about the timing of the target.

However, if it is on the lower side then 355-57 can be seen tomorrow or in this week itself.
Take care

Update

Low formed 359.45
Formed a +ww with target 377.
Now moving upside
LTP 371.95

Can consolidate here in this range
Will move to 395-400 range
Consolidate a little
And if able to cross 400 then we can see levels of 430 and above.

Use TSL 355 or 360

Take care

 

[bapu4]

Great.. thank you so much. All making sense now. Thanks again

Hi Bro(Manish,Live to trade),
can you tell me what are the operations to select a strategy,actually I too am not able to fully explore it.
Tx

 

[manishchan]

Here you go..

Hi Bro(Manish,Live to trade),
can you tell me what are the operations to select a strategy,actually I too am not able to fully explore it.
Tx

 

[a1b1trader]

My opinion,
(Please note that the following levels are of Nifty Index and not Nifty Future)

Nifty can open gap up.
And can reach 6085 - 95
Consolidation here
And if NS crosses 6100/10 and sustains above it, then first level will be 6145/50 and if sustains this level, then on crossing 6150, we can see 6190/6200. Though, at present, it seems difficult to cross 6150 level, but depends on tomorrow's movement.

So the important levels will be
6085/95
6100/10
6145/50

We can see some small correction (if and only if it is small, down upto 6060 or 6045 max) at/around 6065-70, 6085/95, 6110-15.
Supports below 6100 are at 6075 - 6060/55 - 6045

Then 6015/20 and below this level it will be bearish market.

BE EXTRA VIGILANT
at 6065-70 and 6110-15 (both NS)

Use TSL
Take care

 

[a1b1trader]

SBIN +ww 60 min tf tgt 1520 14.2.14

This +ww can trigger tomorrow