Day Trading Futures

[LivetoTrade]

..........

 

[manishchan]

Does anyone see a - div in NF in 5 min or I'm just making it up ? 30 min is still in uptrend though.

 

[timepass]

Does anyone see a - div in NF in 5 min or I'm just making it up ? 30 min is still in uptrend though.

Yes, but I've learnt to ignore the stoch divergences when the ADX is trending.

Check out this post for ADX.

http://www.traderji.com/trading-diary/68730-my-trade-dairy-mravi-15.html#post733543

 

[nirav_j]

Does anyone see a - div in NF in 5 min or I'm just making it up ? 30 min is still in uptrend though.

Price is taking support at the 5 min P 13 band on NF and BNF ...
Generally, a bullish sign ... :thumb:

Not sure of the effect of -ve divergence under such situations ..

 

[manishchan]

Yes, but I've learnt to ignore the stoch divergences when the ADX is trending.

Check out this post for ADX.

http://www.traderji.com/trading-diary/68730-my-trade-dairy-mravi-15.html#post733543

Thanks for the link TP. But I entered small short based on my analysis+the div. E = 6817, SL = 6822, T = LOD. Let's see where it goes.

 

[Smart_trade]

Sameer Arora says that you multiply the number of seats NDA gets by 10 and that is the Senxex target. He is very bullish on India.

He says he is expecting 10 % rise in Nifty if NDA gets 230-240 seats....and 20 % if they get 270 and above.

He is a person who talks lots of sense and we need to take him seriously.

Smart_trade

 

[Trader_PK]

Sameer Arora says that you multiply the number of seats NDA gets by 10 and that is the Senxex target. He is very bullish on India.

He says he is expecting 10 % rise in Nifty if NDA gets 230-240 seats....and 20 % if they get 270 and above.

He is a person who talks lots of sense and we need to take him seriously.

Smart_trade

Yes thats true

but what about if Bjp get 170?

no one knows what will happen ...everyone giving predication like BaBa give

but I am looking forward to 16th May

 

[pratapvb]

Yes thats true

but what about if Bjp get 170?

no one knows what will happen ...everyone giving predication like BaBa give

but I am looking forward to 16th May

then sensex will go to 17000 as per this formula.......bloodbath on streets

 

[manishchan]

Thanks for the link TP. But I entered small short based on my analysis+the div. E = 6817, SL = 6822, T = LOD. Let's see where it goes.

Finally it's working.. yeppe :clapping:

 

[manishchan]

Yes thats true

but what about if Bjp get 170?

no one knows what will happen ...everyone giving predication like BaBa give

but I am looking forward to 16th May

then sensex will go to 17000 as per this formula.......bloodbath on streets

in that case, those babas will either be seen in Ferrari or on train station with a bowl after the result