Going With The 60min Flow!!!

Which Futures do u all trade with real Money?

  • MiniNifty

    Votes: 28 40.6%
  • Nifty

    Votes: 50 72.5%
  • Aban

    Votes: 16 23.2%
  • L&T

    Votes: 18 26.1%
  • Hdil

    Votes: 6 8.7%
  • JP asso

    Votes: 6 8.7%
  • RIL

    Votes: 5 7.2%
  • Relcap

    Votes: 11 15.9%
  • Suzlon

    Votes: 6 8.7%
  • Educomp

    Votes: 8 11.6%

  • Total voters
    69
  • Poll closed .
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rkkarnani

Well-Known Member
Re: Questions from juniors on"Going with 60minute flow"

Sikandar, Sorry not able to post chart now, but assure you to do it at the earliest!!

Just take a look at 21st July 2008 Nifty Futures chart!!! 60 min.chart ofcourse.

The 10 AM bar (just a 5 min. bar ofcourse)
has a high of 4142
The 11 AM bar has a high of 4141
The 12 Noon bar has a high of 4135
The 1 PM bar has a high of 4138

Though the highest level is taken as the Pivot, but when the price moves beyond this range it normally gives a big up move, hence may be considered a strong Pivot to crack, a strong resistance zone to overcome, etc. etc.
May be my calling it a strong pivot might have been confusing!!

All the best
 
Re: Questions from juniors on"Going with 60minute flow"

Will some senior explain what is a major and whats a minor pivot? How to identify them? Shall appreciate if explained on a chart.
vps
 
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