Nifty Futures Trading Part 2 (Positional)

[devangan123]

Sorry to interrupt you in between ,but as far i see Reliance uncle in cash, their is not at all Bullish engulfing , not seen futures because not having futures data .

If you want to see bullish engulfing then please check following stocks :


SBIN , GAIL , BHEL, BANKBARODA , AXISBANK , EDUCOMP, HDFC


PS A long white candle after black candle is not just enough to called as bullish engulfing , if any one want to see the difference then please check HDFC and HDFCBANK cash eod daily charts. HDFC having bullish engulfing but HDFC bank does not fit into bullish engulfing even though HDFC bank having candle more longer in size

EDIT : while posting reply did not saw that Cazar had already edited his post above

Devan

 

[orderflow13]

 

[rajaram.dilipkumar]

Alex: Dont see anything saying reversal on daily, might be wrong will have to check EOD charts today... but hourly definitely was a reversal y'day...


No Rajaram, you're here

ya , czar you are right my father named himself after this actor ... my fathers actual name was vaidyanathan

 

[rajaram.dilipkumar]

this is Raj Kumar & Dilip Kumar...

one takes care of BULLS, one takes care of BEARS

see iam invisible in the middle with both sides screwing me

 

[orderflow13]

Historically on lower vix market tends to stay green .... but anticipation in market is a crime so to show the bullishness market must close above 4314 daily
One who is follower of tripple screen system ( weekly, daily, hourly all bullish then trade vis versa ) must wait for opportunity to short on higher levels ..as hourly is bullish in chart it must turn negative.

 

[columbus]

Historically on lower vix market tends to stay green .... but anticipation in market is a crime so to show the bullishness market must close above 4314 daily
One who is follower of tripple screen system ( weekly, daily, hourly all bullish then trade vis versa ) must wait for opportunity to short on higher levels ..as hourly is bullish in chart it must turn negative.

The average VIX for AUG,SEPT,and OCT are respectively 42,38 and 34
(VIX for today is 35).Yes ,with LOWER VIX MARKET tends to stay GREEN,
we can not generalize it.There are days with HIGHER VIX ,still markets rallied.

 

[devangan123]

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[Sunil]

nice one, devan
)

 

[pkamalesh]

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Good joke da....

 

[orderflow13]

Devan
i remember posting at that time, we got pull back cuz of tail but we were on low vix and havent bottomed it.. i am not trying to boast ' i said so ' but wanna emphasize ur point its fatal mistake to look at one indicator or pattern and made decision, we must look for confirmation indicators. Each n every ones confirmation indicators r different... wts urs .. dnt tel me drilling machine .. lol .