NIFTY 50 future TRENDS-Part 2

[Stock trendy]

sold all 5200 pe at 63 and bought 5400 ce at 24.5 sl. 18

Bought some more today at 23 and sold 70% at 29.70

 

[krishna324]

i identify nifty trend Sup. and Res.

may i know what methods you are using for this identification?

Thanks.

 

[Stock trendy]

may i know what methods you are using for this identification?

Thanks.

pivot points...
2hr chart draw a horizontal line this is the longer time frame i use.(besides eod chart to prepare for next days trade)
i keep watching 15 mts charts high's and low's
ema 8 and 36 and i have a intra day option chart.
I am getting 5237 as support and 5304 as res. According to my settings..
Because i made entry exactly at 5240 (sup.) today will exit most of my long at 5287..thus makes it 50 points..that was my plan at the start of the day
for intra day entry i always keep sl of 15 points..
now 15 mts. 3candles fails to clear 5283 i consider this as res. For now

 

[krishna324]

pivot points...
2hr chart draw a horizontal line this is the longer time frame i use.(besides eod chart to prepare for next days trade)
i keep watching 15 mts charts high's and low's
ema 8 and 36 and i have a intra day option chart.
I am getting 5237 as support and 5304 as res. According to my settings..
Because i made entry exactly at 5240 (sup.) today will exit most of my long at 5287..thus makes it 50 points..that was my plan at the start of the day
for intra day entry i always keep sl of 15 points..
now 15 mts. 3candles fails to clear 5283 i consider this as res. For now

Thank You ST.

 

[Anillal]

..................

 

[manoharpillai]

Hello to all May not see any big move in Aug. was my earlier comment
Nifty back to squire one.. around 5250..
We are in to Sep.. and then Oct.. in both these months I expect substantial Move
only 5200 (exactly 5180 ) spot Nifty Have to hold and Political situation should not
go out of control, then we are in for good solid rally
Expecting targets of 5780/6130/6330... watch for weekly/monthly close above 5400
this thread become almost nothing without Sudoku

GET READY FOR THE BIG MOVE... LOOKS LIKE NIFTY MADE THE BOTTOM OF THIS YEAR
ABOVE POST WAS POSTED A WEEK BEFORE..
ON A SOFTER NOTE LET US NOT GO OVER BOARD ONE STEP AT A TIME 5390 IS RES. WATCH OUT THIS LEVEL

 

[timepass]

GET READY FOR THE BIG MOVE... LOOKS LIKE NIFTY MADE THE BOTTOM OF THIS YEAR
ABOVE POST WAS POSTED A WEEK BEFORE..
ON A SOFTER NOTE LET US NOT GO OVER BOARD ONE STEP AT A TIME 5390 IS RES. WATCH OUT THIS LEVEL

Yes, Manoharbhai. 2 weeks of downslide may see 1-2 days of gains.

 

[SEVEN STAR]

weekly levels..
R2 5,458.67
midpoint 5,408.50
r1 5,358.33
midpoint 5,328.50
pp.............. 5,298.67
midpoint 5,248.50
s1 5,198.33
midpoint 5,168.50
s2 5,138.67

possible to test r1-5358

 

[trdstudent]

possible to test r1-5358

or coming down to 5295 spot .... may be flat around 5328 .This 5336 spot getting too much resistnce...need to off load a little for further up move . But this is just my opinion , i could be wrong

 

[SEVEN STAR]

most of the time gap up or down day's are like this only..day traders may not get a chance to trade 10 points range 5327..5337 may be final 30 40 minutes may give some momentum..
watch closing if it its above 5335 medium term trend change to positive