Day Trading Futures

[a1b1trader]

My observation

BNF
If crosses and sustains 12600
Then can reach 12650/60

Use proper SL/TSL
Take care

Sustains above 12600 only for 7 minutes and fell down

I think
Even crossing 12580 can give the required force to move up
But in actual it should be 12600.

Yes it gave the required force to move up.
It moved from 12582 to 12607 in 2 minutes time.

 

[nirav_j]

My observation

BankNifty (spot levels)

BN if crosses and sustains (each level), then can move in following levels

12535/40 -> 12570/80

12585/90 -> 12620/25 -> 12650/60

And if crosses this level also, then

Celebrate a party

Initial SL should be 12460/80, that can be trailed as per ones risk

Take care

S&P 500s third attempt in as many days to take out its horizontal trendline @ 1850 ...

If global cues are anything, it might signal some weakness in our MKT too ... That and near topping out signals on NS ...

S&P 500

 

[Somatung]

S&P 500s third attempt in as many days to take out its horizontal trendline @ 1850 ...

If global cues are anything, it might signal some weakness in our MKT too ... That and near topping out signals on NS ...

S&P 500

Is this your painting in the chart?

 

[a1b1trader]

Any one interested in the levels of AshokLeyland
(Though DPK has posted it)

My observation is

If crosses and sustains over 25.5 - 26.5 then
around 30
and after 31 it can reach 35 - 37

But, IMO, it can see some profit taking in next 1-3 days, if doesnt cross 23 - 24.5

Use proper SL/TSL
Take care

PS
Though I found the initial levels to be 21.3 and then 23.5, on 25th night, but didnt post, due to some hesitation

 

[nirav_j]

Is this your painting in the chart?

No sir, I cant paint like that.

Its from the website www.edwards-magee.com

 

[a1b1trader]

S&P 500s third attempt in as many days to take out its horizontal trendline @ 1850 ...

If global cues are anything, it might signal some weakness in our MKT too ... That and near topping out signals on NS ...

S&P 500

Yes, you may be right
But, I have noticed that, since last few days our market is moving as per its own way and not following global cues, to a larger extent.

Moreover, my observations are based on the crossing and sustaining a particular level. And if doesnt cross and sustain that level it will not move up and may fall for lower levels.

I am of the view that we can see some weakness in the later half or so.

 

[vsaran]

adult image

 

[vsaran]

If 6627NS holds as pivot,there is negative divergence.Otherwise,it is negated.

upload a picture

 

[a1b1trader]

RELIANCE

My observation

886 - 892 - 898 zone is not good for upmove for Reliance.
Unless it moves over 895 and sustain above it, it can move to lower levels
Iske sir per talwar latki rahegi

And if falls below 885 then it can see lower levels of 880/875 and still lower levels

Take care

 

[Vertigo_1985]

Is this your painting in the chart?

Hi Somatung, as you are an expert in options can you please share your views on how you see this expiry panning out ? many shorts have been holding and will be forced to exit today what affect will that have ?