NIFTY 50 future TRENDS-Part 2

Raghuveer

Well-Known Member
May NF VWAP at 9:30 = 5957
Fib levels for today:
Res: 6017 5998 5980 5966
Sup: 5948 5934 5916 5897
 

Raghuveer

Well-Known Member
May NF VWAP at 9:30 = 5939.
Fib levels for today:
Res: 5999 5980 5962 5948
Sup: 5930 5916 5898 5879
 

Raghuveer

Well-Known Member
May NF VWAP at 9:30 = 5987
Fib levels for today:
Res: 6047 6028 6010 5996
Sup: 5978 5964 5946 5927
 

gunsho

Well-Known Member
expecting spot nifty lower target of 5700..fail to close above 6030....taken short position at the close...
Is this based on the series first 3 days levels? How do you calculate the first 3 days, based on calender days (May 1-3) or 3 days after expiry (March 26-30).

Apr 1 - 3 => 6025/5930. +/-0.382 levels are 5893<->5966. (NF closed below 5966)
Mar 26-30 => 5966/5867. +/-0.382 levels are 5904<->5829. (NF is still above +0.382).
 

SEVEN STAR

Well-Known Member
Is this based on the series first 3 days levels? How do you calculate the first 3 days, based on calender days (May 1-3) or 3 days after expiry (March 26-30).

Apr 1 - 3 => 6025/5930. +/-0.382 levels are 5893<->5966. (NF closed below 5966)
Mar 26-30 => 5966/5867. +/-0.382 levels are 5904<->5829. (NF is still above +0.382).
SPOT NIFTY LEVELS GIVEN ARE NOT BASED ON FIBO CALCULATIONS...

5970...IS THE LEVEL I WATCH IT FAIL TO CLOSE ABOVE ON WEAKLY BASIS..
AND MY SL IS ALSO VERY NEAR...... RISK REWARD FEVERS SHORTING...
WEEKLY CHART..SPOT NIFTY

free upload pictures
 

gunsho

Well-Known Member
nf cmp..5951..3 day's high...6024..low..5867
res..5964..6050..6168..
Sup..5906..5807..5710..
......at any day 3rd res..or sup.. Broken in this month will update levels...later
CLOSING ABOVE 5964 IS VERY CRUCIAL
The high low are from 30th-03 May or 29th - 02? Little confused on which 3 days are taken in :confused: I read in your previous post that, you take first 3 days of the new series. Can you share how the dates are arrived at (or there is no hard and fast rules here)? Tx.
 

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