Nifty Futures Trading Part 2 (Positional)

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Sunil

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Confusion all over :confused: :confused:

I- Charts showing 43

Columbus told 35.1

my software showing 33


Can any body clear which one is correct for Nifty Spot on EOD basis


Devan
ichart + vfmdirect showing 43
investbulls showing 33

atleast columbus' software's 35 is near 33

now, i would request one more person (SatDa / Czar) to post their software's figure, and clear the doubt by proving majority

MAKE SURE RSI PARAMETER = 14
 

orderflow13

Well-Known Member
There is a rollover going on, with clear intention of long positions building in next series by big guys, but nifty is in premium and so cost of carry is high( next month fut is in premium with current month fut. ) so road ahead is bumpy, there will be major attempts from big guys to press nifty on lower levels by selling in equity segment so they rollover there position on lower value .. this happened n number of times b4 xpiry, so be careful.
On chart, nifty is weak, macd line going downwards , rsi made a low and moving along with down TL, parabolic sar is getting steeper as mentioned yesterday. bIG WHITE CANDLE made few days back, is come in to picture, the low of it 4040 will act as support, resistance around 4300.
 

columbus

Well-Known Member
Confusion all over :confused: :confused:

I- Charts showing 43

Columbus told 35.1

my software showing 33


Can any body clear which one is correct for Nifty Spot on EOD basis


Devan
IMAGESHACK is down.Please see the required chart as attachment.
 
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SatDa / Czar / anyone with a charting software...

can u give me the latest RSI value of SPOT
as per DAILY, HOURLY & 5 MIN CHARTS...
PLEASE

my two web sources are giving me two diff figures (ichart & investbulls)
Time frame | RSI (Close) 14

5 min | 32.4860
15 min | 29.6752
60 min | 45.1358
Daily | 42.9347
Weekly | 37.9642
Monthly | 47.5885
Quarterly | 59.2763
Yearly | 66.7950
 

columbus

Well-Known Member
ichart + vfmdirect showing 43
investbulls showing 33

atleast columbus' software's 35 is near 33

now, i would request one more person (SatDa / Czar) to post their software's figure, and clear the doubt by proving majority

MAKE SURE RSI PARAMETER = 14

To make things complicated ,Y A H O O .finance has give RSI as 20.(Of course the period was not mentioned)
 
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