Day Trading Futures

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a1b1trader

Well-Known Member
My take

NF, if crosses and remains above 7375/85
Then we can see 7475/80

SL 7300

Though SL is 7300 but it will not be favourable if breaks 7330 and remains below it for few minutes
Didnt cross 7375 for today.
High of the day was 7365.5

Now for tomorrow
NF, if crosses and remains above 7350/5
Then we can see 7370/75 in least time

And, if C & R above 7375/85
Then we can see 7475/80, as mentioned yesterday.

SL 7280

And if falls below 7260, then :D
 

a1b1trader

Well-Known Member
My take

BNF

If crosses and remains above 15220
Then it can reach 15300

SL 15125

And IMO it will not break 15125
But if it does and falls below 15100 then be ready for a big fall
Didnt cross 15220 for today.
High of the day was 15214.95
But breaks 15100 and fell straight for 150 points more

Now for tomorrow
BNF, if crosses and remains above 15125 (but 15150 to be safe)
Then we can see 15200 in least time

And, if C & R above 15220/25
Then we can see around 15300/50.

SL 15000

And if falls below 14950, then :D
 

toughard

Well-Known Member
100+ points target and 220+ points stop!!!!!!!!!
 

RAAMAKANT

Well-Known Member
Didnt cross 15220 for today.
High of the day was 15214.95
But breaks 15100 and fell straight for 150 points more

Now for tomorrow
BNF, if crosses and remains above 15125 (but 15150 to be safe)
Then we can see 15200 in least time

And, if C & R above 15220/25
Then we can see around 15300/50.

SL 15000

And if falls below 14950, then :D
I don't have BNF access now but on BN spot seeing 15150-60 is good Resistance as it's forming there second shoulder high of H&S. :thumb:
Will check in the morning is Future chart syncing with Spot or not.
 

a1b1trader

Well-Known Member
100+ points target and 220+ points stop!!!!!!!!!
Ha ha

It is not like that.
It may depend where one want to enter.
There are multiple points of entry in this post (as per risk level of the trader)
Actually I mentioned the SL as per my point of entry, that may be much lower than 15220.

If you want to enter at 15220/25 then you can put your SL at 15150.
 

RAAMAKANT

Well-Known Member
I don't have BNF access now but on BN spot seeing 15150-60 is good Resistance as it's forming there second shoulder high of H&S. :thumb:
Will check in the morning is Future chart syncing with Spot or not.
As per my understanding,
Not fully syncing with Spot Chart but BNF Price resisted at Shoulder high and started to move down.
Now lets see, how much Price moves down ?

 
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