Nifty Futures Trading Part 2 (Positional)

Status
Not open for further replies.

orderflow13

Well-Known Member
Think my long position in nifty will get wiped out tomorrow opening... :)
Or we will see a bounce back?
i am not entitle to advise but plz dont mind..its just msg from one team member to other, if market gaps down( as expected ) jump for 4000 call, as in long term basis we still holding 3850 odd levels.
 
Last edited:

orderflow13

Well-Known Member
sorry i meant call 4000, edit n corrected, as m expecting bounce after gap down, as lot of investors ( sadly my dad included ) waiting to get in.
n i guess 4000 call wd be above 100 m not sure
 

orderflow13

Well-Known Member


For laymen, if u.s. $ rise, that means fed will not cut rate, if u.s. dollar falls (the support in above chart),strong chances of fed might cut the interest rate.(for whom who came from mars, tomorrow is the fed meting:D,( joke) )
And i assume most of the day market will dance in tune of future fed move
Alex
 

orderflow13

Well-Known Member
p.s. / edit .... on above usd vs euro daily chart, usd showing clear bearish divergence, that means by t.a. usd is bearish, n that means fed might cut the rate,
Again all are assumptions, my views i expressed , dont take it seriously as always;)
 
C

Czar

Guest
dear czar,
whats your call for the near term....too many people look optimistic about the markets,kind of confusing me....
thanks again
Already done that over the weakend mate:

Worst case scenario... chart as per log scale, thanks to SatDa...

[/URL]
[/IMG]

your comments... as we are on the verge of a move...

Does'nt matter whAt fii or dii or intl markets do, the charts are in bear market, matter of time... this is an extremely predictive view, only for discussion...

PS: Some how I managed to clumsily delete all Nifty charts posted last week in pattern recog thread, sorry
 
Status
Not open for further replies.

Similar threads