Day Trading Futures

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a1b1trader

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As expected, it was a gap up open
But didnt reach 12975, HOD was 12950

After that remained below 12870/75 the whole day (except first one hour) and fell to lower levels as mentioned but above 12730, otherwise would have fell like anything. LOD 12750
My observation for 1.4.13

The levels are almost similar to one of the previous days.

If C & S above 12875/80 then can reach 12950 and above

And be cautious, if BNF breaks & remains (B & R) below 12730/25 as it can see a greater fall and target could be 12655/50 and below

Use proper SL/TSL
Take Care
 

a1b1trader

Well-Known Member
I am happy that NF moved as expected in the above post.

Though fell below 6715 to 6707 but didnt remain below 6715 for long and bounced back to 6730.
My observation for 1.4.13

The levels are almost similar to one of the previous days.

If C & S above 6775/80 then NF can move to 6825/30

And if B & R below 6725/15, can reach 6680 and 6660 levels

Use proper SL/TSL
Take Care
 
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XRAY27

Well-Known Member
If mkt opens up with a gap, can we thereafter consider yesterdays low as Pivot for reversal?
As NF is in strong up trend iam taking that point because yesterday pivot low is at 6706 and my point is at 6685 ..taking another 21 points ...for extra confirmation...i may be wrong ,but presenting my view
 

a1b1trader

Well-Known Member
My observation for 1.4.13

The levels are almost similar to one of the previous days.

If C & S above 6775/80 then NF can move to 6825/30

And if B & R below 6725/15, can reach 6680 and 6660 levels

Use proper SL/TSL
Take Care
Bounced back from 6725
 
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