Day Trading Futures

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jetking

Well-Known Member
BATA INDIA

trading at veery strong weekly and daily resistance

made a good bearish setup on friday



look at the volume at point B,C AND E,when it touched the resistance line

it was 9L, 8.5L and 6L,the reducing vol at resistance confirms the lossof strength

same way look at the movement from point A to B and from D to E

it took only 3 weak to travel from A--B and 6 weak from D--E

same is shown in daily also



CAUTION: TRADE AT YOUR OWN RISK
 

XRAY27

Well-Known Member
BATA INDIA

trading at veery strong weekly and daily resistance

made a good bearish setup on friday



look at the volume at point B,C AND E,when it touched the resistance line

it was 9L, 8.5L and 6L,the reducing vol at resistance confirms the lossof strength

same way look at the movement from point A to B and from D to E

it took only 3 weak to travel from A--B and 6 weak from D--E

same is shown in daily also



CAUTION: TRADE AT YOUR OWN RISK
@jetking bhai

Great analysis in one of the simple way...This is the true power of price action trading:clap::clap:
 

XRAY27

Well-Known Member
@JAIN.ER bhai
iam presenting my analysis ...
It has opened downside channel.. but volume are 26L to 16L at point B and D...
A AND C Volume are at 35L to 24L
that means accumulation is going on so it can reach upper trendline or a level of 68..
weekly chart
 

a1b1trader

Well-Known Member
INDIABULLSREALEST

It will be difficult to cross the range of 57-59
But if crosses 59-60 with volume then can reach 65-66

And if reaches 65-66 and crosses 68 with volume then one can see 75
But let it first cross 59

Pl note this is only my opinion/analysis and use your discretion to take any trade

Use proper SL/TSL
Take care
 
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XRAY27

Well-Known Member
THOUGHT FOR THE DAY

“A loss never bothers me after I take it. I forget it overnight. But being wrong - not taking the loss - that is what does damage to the pocketbook and to the soul.”
―Jesse Livermore
 
NF

It seems that NF has made an intermediate top or going to made one.

However if already made one
And falls below 6530 then we can see 6500 levels
And if falls below 6490/85 levels then can see 6450/45 levels

Use proper SL/TSL
Take care
The highlighted line is not clear. Some typing error ?? :confused:
 
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