NIFTY 50 future TRENDS

[trdstudent]

What was Res. today 5124 how many attempts was made to get through this level just see how strong the Res.was ( do not hear any story or make one by your self ) I don't watch any business Chanel when i trade. MARKET IS THE KING and that gives you signal all the time, you have to be alert to make use of it ... fear and greed.............. worst part is fear how many had guts to short the market at 5120 i did and posted my message then it is very simple learn to take risk with boldness let it be meaning full risk (use your own TA ) be prepared to trade before the market opens never change your strategy (loss or profit) and then tell me how successful you are ..

AND that's the reason I'm trying to follow ur thoughts and methods and kept open my eyes when trade . U r one of the best teacher who never push but let us follow and learn the game to play. Thnx Mano ji for everything that u r doing for us , the young trd learners . Thnx a looot

 

[essem]

VIX Data shows : Spot Level 5020-5000 trading level.. if broken out market may fall up to 4930-4950 level.. if not more upside for our market for the time being. This is based on VIX.

 

[manoharpillai]

Market IS waiting for IIP No.......market expectations is could be better than previous month News based move and volatility
have to wait to take Intra day trade
STRONG ABOVE 5075 FAIL TO HIT AND SUSTAIN.... EXPECT SPOT TO TEST 4988

 

[KRISHXNG]

Hovering between 5060-5070 (200DMA around here) for about 20 mins now.
I had shorted around 5100 yesterday. Wondering if I should add some more shorts with strict stop-loss of 5100.

 

[4209211]

I dont recomend shorting now after looking all the patterns it is forming it is bulish my tgt for up move is 5200 as per technicals but am bearish as per astro so let the astro part stay apart and follow technicals

 

[manoharpillai]

Manoharji,

I have one question.

I have heared many times from you that when price is not moving from particular range for sometime then keep SL & go long/short.

But then how one can decide whether to go long/short based on this? Resistance & support?

Can you throw some lights on this?

How I Trade...Pivot RES. at 5072 Nifty already made one attempt either wait and watch if Nifty make one more attempt and pass through this in that case go long... or short with the same (5072)SL loss of 10 to 12 points and add more shorts slip below 5047 ( I trade only Mini Nifty)
I shorted at 5072 will reverse my trade if it move above this level.
will watch 5047 spot ...

 

[timepass]

Some member here is following 10-50-200 on 5 min. What is your view of the present situation ??

Thanks

 

[4209211]

Some member here is following 10-50-200 on 5 min. What is your view of the present situation ??

Thanks

TP bhai earlier mkt were very rangebound or the day high - low range was very small as 60-70 points but now the intraday swings are little big and also dpr is high like 100+ pints on avg so following 5min tf is little like less acurate i am following some similar MA combination on minimum 15&30 min tf results are pretty good
if u want i can post image after mkt
have a great time and happy trading

 

[manoharpillai]

How I Trade...Pivot RES. at 5072 Nifty already made one attempt either wait and watch if Nifty make one more attempt and pass through this in that case go long... or short with the same (5072)SL loss of 10 to 12 points and add more shorts slip below 5047 ( I trade only Mini Nifty)
I shorted at 5072 will reverse my trade if it move above this level.
will watch 5047 spot ...

I exit shorts loss of 6 points will wait for 10 minutes to go long only spot sustains 5075 my sl will be at 5047

 

[manoharpillai]

R1-5089 R2-5105 R3-5131 R4-5156
PIVOT-5072
S1-5047 S2-5021 S3-5005 S4-4988
TODAY'S Pivot Hit R1-5089 went long and booked at 5089 covered my loss 14 Points + now will go long only above 5089 and short below 5057