General Trading Chat

[Smart_trade]

ST Da,

Would you consider 11.48 bar on 3 min Nifty chart a Visual Pivot high or a minor pivot high?

In my chart ,the bars are little different and it is a mph in my chart.

Smart_trade

 

[pareshR]

too much sideways today, looks like a big move is coming.

"Be patient with winning trades; be enormously impatient with losing trades. Remember, it is quite possible to make large sums trading/investing if we are
"right" only 30% of the time, as long as our losses are small and our profits are large." - Dennis Gartman

 

[traderniftybank]

too much sideways today, looks like a big move is coming.

1st bar of the day is a master candle and price is moving within it, so sideways. Big move may come only after it breaches this master candle, either side

 

[lemondew]

For me Seems like it would be sideways for rest of day. Cant short below 7447 there is support below. 7482-7490. Thats too away.

too much sideways today, looks like a big move is coming.

 

[lemondew]

Feel the same hence short below 7847 wouldnt be too good as bottom of first candle just below

1st bar of the day is a master candle and price is moving within it, so sideways. Big move may come only after it breaches this master candle, either side

 

[simplebuthard]

too much sideways today, looks like a big move is coming.

No big move .. it is how all the options premium eaten every expiry throughout the year... :lol: Tomorrow holiday. Just two days to expiry so they are swallowing premiums...

 

[arsh22g]

Can this be classified as a rising wedge?

 

[niftyrider]

In my chart ,the bars are little different and it is a mph in my chart.

Smart_trade

All the bars are within the 1st bar of the day.

 

[vikas2131]

too much sideways today, looks like a big move is coming.

Well friday was pretty good trending day so sideways was expected...

 

[traderniftybank]

Feel the same hence short below 7847 wouldnt be too good as bottom of first candle just below

IMO, below 7450/45 may be good for short, with tight sl.