Nifty Futures Positional Trading

jamit_05

jamit_05

Well-Known Member
#556
#556
Will be making a positional add below the congestion... Spot 5811.

Yes there is one. But, this break of sideways pivot will be pretty strong... it may even reach 5000. This would sound crazy at this point... So I limited my forebodings to 5450 :)
 
R

rkkarnani

Well-Known Member
#557
#557
jamit_05 said:
Will be making a positional add below the congestion... Spot 5811.

Yes there is one. But, this break of sideways pivot will be pretty strong... it may even reach 5000. This would sound crazy at this point... So I limited my forebodings to 5450 :)
Click to expand...
As I vaguely recollect, the gap at 5700 was also visible on a weekly chart, so assume it to give a strong support ! Yes it sounds crazy to think of 5000 at this juncture :D !
My feeling is, NF may not breach 5700 in Oct ! And , if it does, you will get your 'fill' for the next lower gap !
And if it can breach 6050, then we may not even see the 5700 fill up !
 
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