Day Trading Futures

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What is the target you are looking for ?
Will be able to tell as it pans out on Monday :lol:

As there is a -ww in NF with target 7785, already under going
and one -ww in BNF with target around 15000, already undergoing
And without BNF moving up, NF can not move up beyond a certain level.

But, IMO, target is open above 7850/75, may be 7900 or it can be 8000 as well

And below 7750, it can be 7650 or 7550 or even lower.
 

sudoku1

Well-Known Member
NF trend DOWN
tgt -- 7575
SGX charts EOD denotes punctured trend.saved d day as our mkt is closed wch otherwise wud hav made a long trade at d opening bell as per our last EOD
d abv outlook wil b valid only if NF fails 2 cros THURSDAY high.if it croses..den v r back 2 original trend UP
 

cloudTrader

Well-Known Member
My experience about Sudarshan Sukhani is totally different. I have been hearing him on CNBC for last 1-1.5 years atleast and I found that his overall analysis of the market is very good...I would rate it as best on CNBC. Earlier I used to hear premarket comments of Udayan Mukherji and I found them very well for overall view on Indian and world markets....

I dont follow his stock recommendation...but his views on Nifty are very good and I always switch on CNBC at 8 :00 while I do my morning excercise workouts,to hear his premarket views. We being traders I get overall view of the market...and if the market starts going in opposite direction we will definately reverse the position. For example last 3 days Sukhani has been telling that trend is up so buy in dips and I have been doing exactly that. Where to buy in dips etc...I use my own methods.Yesterday market did not sell off and I am long from 3 days in swing as well as daytrades and if it would have cracked 7712 in the morning and 7770 in the afternoon session, we would have reversed our long position...but market remained strong and happily closed at 7800.

I do my own research every day on supports and resistance levels but I also listen to what others say.How much to take from what they say depends on us.

I like Sameer Arora also and his views on Indian and global markets.

Smart_trade
You wrote so explicitly that I have no choice left but to say YES , what you say I FULLY AGREE with your views. I also like to hear Sudarshan Sukhani as he speaks quite openly with proper explanations.
 
Bearish hanging man candlestick pattern is formed in cnx nifty on 15 August .
In nse there was trading holiday . On Monday cnx nifty will open at 06:30 am (Indian time).
Monday opening Will confirm the pattern . So buyers beaware .
But the current trend in nifty is highly bullish , donot forget.
Trade will strict stoploss above Friday high on cnx nifty.
 

sudoku1

Well-Known Member
Bearish hanging man candlestick pattern is formed in cnx nifty on 15 August .
In nse there was trading holiday . On Monday cnx nifty will open at 06:30 am (Indian time).
Monday opening Will confirm the pattern . So buyers beaware .
But the current trend in nifty is highly bullish , donot forget.
Trade will strict stoploss above Friday high on cnx nifty.
same pinch ..
 
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