Nifty Futures Trading Part 2 (Positional)

[columbus]

I reckon these 10 top scrips RELIANCE,SBI,ONGC,Bharti,ICICIbank ,L&T,Rel.Capital, BHEL,Infosys and Rel infra are prime movers of the market. Strangely NTPC does not figure in my list though it has a good weightage in NIFTY.Today during the day all scrips gained except for Infosys.

As of now ,the picture is entirely opposite ,all other 9 scrips lost ,infosys gained a bit.

 

[Czar]

Friends roman & contry wo/men: We have a break, but the Da & ash, I was talking about Futures false B/o 1:15 & 2:25 5 mins bars, you wont be able to see in hourly, but for benefit of Sunil I see 5 mins frequently...

gave a false BO but now still in , 4342 / 4324 for next hour, so next hour BO imminent, but seeing some selling calls & buying puts since quite some time, so upside does not look good, as of now...

darn should have been greedy & bought more puts...

 

[Czar]

my guess is NF should test 4320 again approx

 

[ash.paul]

my guess is NF should test 4320 again approx

Which indicator ru looking at or is it just price action ur talking abt?? plz throw some light
Thanks

 

[Czar]

A TL break without Retest , Tch tch,

on a serious note, it does test & if still does not cross then confirmed break is what usual i notice...

 

[ash.paul]

A TL break without Retest , Tch tch,

on a serious note, it does test & if still does not cross then confirmed break is what usual i notice...

Thanks Czar!
In the attached chart (60min) I am looking for another triangle b/o may be not today but tomorrow.

 

[Czar]

Stopped loss in put 4/_. Fut 10 points. No more trade in short. Will wait for long at suitable position in Sept fut.

Short at 4333 fut keeping stop at 4331 spot. Daddyyyyyyy be active.

Mummy wins, covered 4337, loss 4 points.

told you daddy comes after 2.... but still we are in the triangle... 4347 / 4307

You watch my back, I watch yours patience not there Da...

 

[uasish]

finally the long awaited b/o happened so the immediate target should be 4300or 4260(in 60min TF)??

Gr8 triangle identification.

 

[uasish]

Guys checking out for an hour, please hold the NF, though I know BO is 100 % in this hourly candle...

Gr8 triangle identification.

 

[ShravaniHadge]

Mr tsunil4u, Good Evening

Mr tsunil4u, Respected Sir,

If U have 15 to 20 minutes available then I would Request you to please Visit my Thread. It would be Appreciated.

http://www.traderji.com/derivatives/23723-nifty-futures-daily-intraday-short-term-levels-imp.html

Thanking You For your Advice which was not asked for!!!!!!!

Regards,
Shravani