Day Trading Futures

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Dear ST Sir

are you know about this Peculiar pattren in nifty spot ?

Nifty cash is over 6515 now. Which chart is this ??

Over the years I have learnt that charts and patterns dont move the markets. It is the money which moves the markets...charts are only pictorial representation.So as long as the money inflow continues, market trend will not change.

Smart_trade
 
Markets dont reverse suddenly.....before reversal we will have a dip, then market will try to go near the top but will lack strength and buying power....and then they reverse. So we are some days away from reversal....so dont keep waiting for reversal and shorting the markets.....It may be dangerous to our financial health...:D

ST
 

pratapvb

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bnf vwap 11753......current price 11935.....big gap

3pm further take off expected
 

niftyoption

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Nifty cash is over 6515 now. Which chart is this ??

Over the years I have learnt that charts and patterns dont move the markets. It is the money which moves the markets...charts are only pictorial representation.So as long as the money inflow continues, market trend will not change.

Smart_trade
Dear ST Sir

Patterns are having fixed target projections .

in my view charts are not only pictorial representation. It shows crowd behaviour....

In so many times in my experiance Continous FII Buying days , immediate next day they sell with high volumes so i leave this type of analysis ....

Thank you verymuch for your reply Sir
 

pratapvb

Well-Known Member
Dear ST Sir

Patterns are having fixed target projections .

in my view charts are not only pictorial representation. It shows crowd behaviour....

In so many times in my experiance Continous FII Buying days , immediate next day they sell with high volumes so i leave this type of analysis ....

Thank you verymuch for your reply Sir
the pattern is rounding top....but it has broken back to the upside so invalidated imo
 

XRAY27

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Markets dont reverse suddenly.....before reversal we will have a dip, then market will try to go near the top but will lack strength and buying power....and then they reverse. So we are some days away from reversal....so dont keep waiting for reversal and shorting the markets.....It may be dangerous to our financial health...:D

ST
ST da,

only charts i following.. i may miss the positional move this time but intra is earning.. fine ....lot of time is there in the series...

charts will tell the story before but we don't want to listen them... offcourse iam just trading in stock market from 2007 .......

enjoying every move bulls or bears as long as iam in right direction iam fine :D
 
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niftyoption

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