Day Trading Futures

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PUCHU_2500

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Hi puchubhai
Thanks for nice chart.
If my memory is right ,u used to use nifty nirvana method of Pa.I am just curious to know that now you trade that method or not.or u using this karthik method only?
How do u select stocks for intraday trading for that method.
Thanks
Yes niftytauras brother, you are right I use niftynirvana’s DP method when I trade nifty futures only. In case of cash share I failed to apply this method successfully as doing by TBP (http://tradingblisspoints.blogspot.in). so, trying to trade cash stock on karthik sir’s method hence this trade is my first attempt. There is no any criteria for stock selection just front line stocks like TATAMOTOR/STEEL,SBIN,AXIS,RECLTD,DLF,BHARTIARTL etc. (my 2 cents to newbie or who want to use this method: must back test and adjust with your personality before using in real trade)
Niftytauras, do you follow dp method ?
 

TradeJoker

Well-Known Member
Internet users, india No.1 by the end of this year,

The number of Internet users in India is expected to cross the 300 million mark by the end of this year, overtaking the US as world’s second-largest Internet market.

According to a report by the Internet and Mobile Association of India (IAMAI) and IMRB International, the number of Internet users in India is expected to grow 32 per cent to 302 million this year from 213 million at the end of December 2013.

Presently, India has the third-largest Internet user base in the world. While China leads with more than 600 million Internet users, the US has an estimated 279 million users. It is estimated, the report said, that by December 2014, India will overtake the US as the second largest Internet users’ base in the world.

The user base in India is further estimated to grow to 354 million by June 2015.

“The Internet in India took more than a decade to move from 10 million to 100 million and 3 years from 100 million to 200 million. However, it took only a year to move from 200 to 300 million users. Clearly, Internet is mainstream in India today,” IAMAI-IMRB said in a statement.

The report said of the 278 million users Indian had in October this year, 177 million are in urban India, higher by 29 per cent from last year. In rural India, the number of Internet users increased by 39 per cent to reach 101 million in October 2014.

About 119 million users access the Internet on mobile devices in urban India, while rural mobile Internet user base stood at 40 million in October this year. This is further estimated to touch 128 million (urban) and 45 million (rural) by December-end, it said
 
Santhoshbhai, the trendlines are fine, the cup is fine, but the handle doesn't appear properly formed.


Maybe a 150 pts dip will make a proper handle :D
Dear friend ,

Every one searching Proper "rules" in every pattern...

but i am seeing only the price actions .. see below the chart ..

Cup and handle Vs Adam eve both are almost similar price action setups...Both setup's target is same...

I am try to read price actions.. Not comparing rules...



chart pattern basic concept is price actions... Not like indicator analysis...

Cup with Handle Chart Pattern
by Christopher Smith



http://www.smallcapreview.com/CupWithHandle.htm
 
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