NIFTY 50 future TRENDS

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Trend levels for this week..CMP..spot nifty 5320

Resistance..5349...5378....5407....5436...5495

support....5319...5290...5261...5232....5202

Either res.. or sup. levels taken out the same level become sup/res
example.... today market opens at 5349 and trades above for more than 30 mts.
one can expect next res.5378.to be the target in that case 5349 become sup.can keep stop lose of 1st sup.5319.
on breach of first sup. reverse ur trade.. to short sl 5349.. Do not enter trade based on this levels.. just watch for this week how it works
If it is worth i will post it in next week also..
 
Trend levels for this week..CMP..spot nifty 5320

Resistance..5349...5378....5407....5436...5495

support....5319...5290...5261...5232....5202

Either res.. or sup. levels taken out the same level become sup/res
example.... today market opens at 5349 and trades above for more than 30 mts.
one can expect next res.5378.to be the target in that case 5349 become sup.can keep stop lose of 1st sup.5319.
on breach of first sup. reverse ur trade.. to short sl 5349.. Do not enter trade based on this levels.. just watch for this week how it works
If it is worth i will post it in next week also..
Our lvls are to some extent similar.See abv post 11443.
Thanks.
 

sudoku1

Well-Known Member
thread followers please take note >

:dis thread is not an invitation for any1 to trade.

: dis thread is updated as a positional based trading on NIFTY FUTS by me ... however readers r free 2 post anything related to mkt topics.

:use ur own discretion before taking a position based on d levels & tgt referred here.

: tgts may CHANGE AT ANY HOUR OF D DAY due 2 short term setups or may remain static for months which may disturb d positional bias.

: newbies shud go thru dis thread from d day of change in trend from UP to DOWN or vice versa.

:short term traders shud refrain frm taking positions based on tgts or levels mentioned here.

:traders shud nt wait for d tgt 2 get hit.dey shud regularly book profits/losses acording 2 their comfort zone.

:I may not b able to share my trading methods.

:CRITICS WELCOME .

:wish u all a prosperous trading.
 

sudoku1

Well-Known Member
thread followers please take note >

:dis thread is not an invitation for any1 to trade.

: dis thread is updated as a positional based trading on NIFTY FUTS by me ... however readers r free 2 post anything related to mkt topics.

:use ur own discretion before taking a position based on d levels & tgt referred here.

: tgts may CHANGE AT ANY HOUR OF D DAY due 2 short term setups or may remain static for months which may disturb d positional bias.

: newbies shud go thru dis thread from d day of change in trend from UP to DOWN or vice versa.

:short term traders shud refrain frm taking positions based on tgts or levels mentioned here.

:traders shud nt wait for d tgt 2 get hit.dey shud regularly book profits/losses acording 2 their comfort zone.

:I may not b able to share my trading methods.

:CRITICS WELCOME .

:wish u all a prosperous trading.
as der was no edit option for my abv post....pasting a fresh 1 which is d MOTHER post of dis thread.:)
 
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