General Trading Chat

[vikas2131]

weakness in Ashok Leyland

 

[mudraatrader]

Most likely to get 00 and higher, but can not time it.

Like yesterday in BNF, it stopped at 15998 and made above 16K today

If we get 87 today then in all probability 00 will be today only

just missed by 6.55 points
when even 80 was looking difficult to get.

 

[headstrong007]

Trapped shorters covered today with loss..Still no weakness in chart..fresh long..probably 7930 on the card..soon..

 

[Smart_trade]

Pattern observers say that whenever market closes strong ahead of long extended weekend,then they open down...let us see what the market does this time.

ST

 

[headstrong007]

Pattern observers say that whenever market closes strong ahead of long extended weekend,then they open down...let us see what the market does this time.

ST

But nifty did fresh breakout in EOD.. is not it? broke prev high 7777.so fresh long at open...closed 7850..so bullish pattern..so holding some swing position.. expecting a gap up..lets see..

 

[Smart_trade]

But nifty did fresh breakout in EOD.. is not it? broke prev high 7777.so fresh long at open...closed 7850..so bullish pattern..so holding some swing position.. expecting a gap up..lets see..

I am not expecting any down opening.I just posted what pattern flowers mentioned on TV. I don't believe any such pattern to have any predictive value.

ST

 

[LoneWolf]

Started learning Swing Trading.

Learning Pivot method and thanks to subhadip for the wonderful thread.

Got entry couple of days back @ 7605 NS with one lot NF. Already in 250+ pts profit.

Swing trading is superb. :thumb:

PS Trader, I am also learning swing trading, will use this long weekend to spend time with swing chart on NIFTY and BANKNIFTY. Can you please mention which timeframe do you use for tracking the swing.

@Smart_Trade, Please answer this question, historically, what timeframe has been suitable to catch the swing on NIFTY

 

[headstrong007]

Wow... So..U hv mentioned about 'long extended weekend' pattern followers of TV show.. :lol:
Anyway...market can go anywhere but..EOD pattern is clearly bullish..so big chance of open higher next day.. not open down..imo..

 

[PS Trader]

PS Trader, I am also learning swing trading, will use this long weekend to spend time with swing chart on NIFTY and BANKNIFTY. Can you please mention which timeframe do you use for tracking the swing.

@Smart_Trade, Please answer this question, historically, what timeframe has been suitable to catch the swing on NIFTY

1hr, 4hr, EOD charts.

 

[Strategist]

Started learning Swing Trading.

Learning Pivot method and thanks to subhadip for the wonderful thread.

Got entry couple of days back @ 7605 NS with one lot NF. Already in 250+ pts profit.

Swing trading is superb. :thumb:

In a trend, anything works.