Day Trading Futures

[Gandhar.]

PCR dropped from 1.2 to .87 levels
even when fiis bought 2577crs in cash

 

[manishchan]

PCR dropped from 1.2 to .87 levels
even when fiis bought 2577crs in cash

Interesting... it had declined little bit yesterday too though market wen up. Only senior guys here can interpret this. :fatigue:

 

[Tlahuicole]

Enough counting money made today everybody, go and start the weekend

 

[arcus]

This ascending triangle pattern took 7 YEARS to form. It will at least be valid for ONE YEAR. Live with that.

If you dont believe in this bull market, stand aside. But DO NOT SHORT looking at silly things like 5 minute divergence or 1 week put call ratio.

 

[PS Trader]

This ascending triangle pattern took 7 YEARS to form. It will at least be valid for ONE YEAR. Live with that.

If you dont believe in this bull market, stand aside. But DO NOT SHORT looking at silly things like 5 minute divergence or 1 week put call ratio.

You are absolutely right Arcus!

Before FED finishes completely the tapering, FIIs will be investing as much high as possible.. In last few years, as we have been trading the trends from 5000 to 6000 in nifty, in the next years we are going to trade from 6000 to 7000.

Upcoming months are going to be trending months unlike last few months.
So traders rejoice.:clapping:

 

[niftyoption]

are you know about this Peculiar pattren in nifty spot ?

This is rounding top pattren, pattren top breaks it will be activated

details pls go through this link

http://www.finvids.com/Chart-Pattern/Rounding-Top-Bottom

 

[arcus]

are you know about this Peculiar pattren in nifty spot ?

This is rounding top pattren, pattren top breaks it will be activated

details pls go through this link

http://www.finvids.com/Chart-Pattern/Rounding-Top-Bottom

It does not get activated, it gets deactivated. LOL

Rounding top is a bearish pattern.

In any case, it only took 6 months to form that pattern and it has been technically deactivated.

 

[Tlahuicole]

Guys,

Please can some one provide me a link where something is deeply discussed about swing high and swing low. I am aware of pivots as per Saint but I need to learn more on other things which are for advanced concepts.

Can someone help me?

Taiki was saying something on this not able to find that post as well.

Need some good concept to while away time on learning this weekend.

 

[Smart_trade]

I expect Nifty to trend higher because of the following :

1) FIIs buying bigtime.They wont buy this much at the end of the move. So the momentum is likely to take the market up.

2) Politicians have started sensing the change of weather .Some Congress ministers are resigning and joining BJP . This is very important tell -a -tale sign as politicians are smart people .

3) Nifty coming out of a long multiyear consolidation ...it wont breakout and go just 100-200 nifty points up....some more upside likely.

4) Daily Nifty ( sopt) charts TDST is broken at 6331 indicating that Nifty is likely to go up . Looking at Sequential position, we have about 2 weeks uptrend still left. Of course it wont continuously keep going up for 2 weeks, it will have its corrections but the direction will be up.

Having said all the above, we trade as per the market trends and not get attached to our analysis and views.. So if market trend changes for whatever reason, we have to change as per the trend. The trend is definately up as of now.

Smart_trade

 

[XRAY27]

Guys,

Please can some one provide me a link where something is deeply discussed about swing high and swing low. I am aware of pivots as per Saint but I need to learn more on other things which are for advanced concepts.

Can someone help me?

Taiki was saying something on this not able to find that post as well.

Need some good concept to while away time on learning this weekend.

hi
taiki's link for swing trading
http://www.traderji.com/trading-diary/78154-taikis-swing-trading-journal.html