Nifty Futures Trading Part 2 (Positional)

[rishig38]

mkt if sustains,,, 3650.... good,,, and not then too bad,,!!

this si last rational hope...

tehn sure 3200 on cards,, because in betwwen that we have no ,,, as such good logic to rest
this is virtually band supprt area weekly
secondly...60% comp ret,,, lies at this value

renu
eveyone know steh values

Renu, 3650 has been broken...but do your charts suggest a closing below 3650 for more bearishness or just breaking on 3650 should take us further down??

 

[Sunil]

i don't know why, but FOR THE FIRST TIME seeing the rates of good stocks like educomp, idfc, rcom, ril, suzlon,tcs, many more.... is making me puke....

THE WHOLE MARKET IS IN A VERY BAD, PATHETIC STATE....

basket selling in full flow..........

check out DOW fut... 10150 (-214)
when is this bleeding going to end.......

let's see tomorrow.... TUESDAY...

SEBI has a board meet today regarding PNOTES - loosening rules a bit, to make FIIs happy...
BUT WHERE ARE FIIs?????????

 

[rishig38]

i don't know why, but FOR THE FIRST TIME seeing the rates of good stocks like educomp, idfc, rcom, ril, suzlon,tcs, many more.... is making me puke....

THE WHOLE MARKET IS IN A VERY BAD, PATHETIC STATE....

basket selling in full flow..........

check out DOW fut... 10150 (-214)
when is this bleeding going to end.......

let's see tomorrow.... TUESDAY...

SEBI has a board meet today regarding PNOTES - loosening rules a bit, to make FIIs happy...
BUT WHERE ARE FIIs?????????

true...dow would go in the 9000 levels today...next few days could be the bottom formation in this bear market...we trade with the trend but the investors should start accumulating now...

 

[devangan123]

Seniors please help , AM i right ????? if not then please help me in interpreting it correctly

 

[rishig38]

Seniors please help , AM i right ????? if not then please help me in interpreting it correctly

don't you need volumes to verify the pattern??

 

[devangan123]

don't you need volumes to verify the pattern??

Some Problem in volume bars of mine charts thats why not able to verify

 

[Sunil]

no devan, i dont feel it's a valid H&S...
no left shoulder...

BTW, in today's 1min & 5 min chart, there's a TL joining the TOPs/PEAKs....

 

[devangan123]

Yes Sunil same confusion was in my mind too thats why asked for confirmation , Even though its not a perfect H&S but i am having a feeling thats its target might be reached , as you know some times even perfect H&s fails and vice a versa .

 

[renu daga]

rgt rishi / sunil

if reversal is not coming this week...,then,, just stay out...

renu
i am myself out totaly now

 

[renu daga]

there is no buying,,,

except seliing... selling
some stock prices...tisco/ rcom bhart forge,,unitech unbelievable