Nifty Futures Trading Part 2 (Positional)

[pakatil]

wow n I thought i m the best in that so i hav company in that too hahahaha

Oh there are many in the back ground. Just shy of expressing it openly.

 

[Czar]

Dear Cazar Can you explain bold lines in little detail

Well every quarter end the M.f. want to rig up their portfolio to show their better performance, thus they usually try to support the markets , though sometimes on the last 1 or 2 days they offload a hugh chunk to balance things...

 

[Czar]

Hi Czar in my veiw nifty fut hourly it may be a triangle also ...........

Regards
Satya

Reason why this is not a triangle... after the rise we see not a horizontal TL but a down sloping one... so if 4070 holds on spot, this pattern is still on (flag) & 3 points will conect on down TL... IMHO

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& max jerk to 4052 being the approx 50% retracement for the upmove... below that is the hall of shame...

 

[orderflow13]

explain more dear .how horizontal line can be a part of a triangle ?

 

[Czar]

(Source : stockcharts)

 

[sikandar]

Reason why this is not a triangle... after the rise we see not a horizontal TL but a down sloping one... so if 4070 holds on spot, this pattern is still on (flag) & 3 points will conect on down TL... IMHO

Czar
can you give your charts with different back ground colours

 

[Czar]

Sikander : maybe after the market..

 

[sudoku1]

Well every quarter end the M.f. want to rig up their portfolio to show their better performance, thus they usually try to support the markets , though sometimes on the last 1 or 2 days they offload a hugh chunk to balance things...

czar,it looked so......but all this time since 2003....v were in a bull mkt....but times have changed now.....so may b they would look the other way....

 

[Czar]

true Suds, thats why i said recently in the last 2 days they dump... good to have you here

 

[mitasatyajit]

Present position.