Nifty Futures Trading Part 2 (Positional)

[rishig38]

ok alex will hold on to the shorts to friday.....

everyone (Aggressive) following the 60 min flow are long on Nifty now...

 

[pkamalesh]

everyone (Aggressive) following the 60 min flow are long on Nifty now...

im holding on to satda's green line at 3250....

 

[orderflow13]

ok alex will hold on to the shorts to friday.....

kammy i mean to say stay out of market SQ OFF POSITIONS , dont expose to markets as u will be fodder for gaps

 

[Czar]

My Guess is even the operators know its time to go long just they are waiting for the Dow to bottom... since last 3 days the last 30 mins buying indicated this... IMO

 

[kapil123]

Phew! badly chased by the bear today.

Was about to freeze when bear put some brakes.

Has the bear put some brakes or is in meeting with line baba..

 

[pkamalesh]

Alrt alex....squared off positions...

 

[sikandar]

Hi satya
line babas permission got I think?

 

[cheeku]

Has the bear put some brakes or is in meeting with line baba..

Only die-hard shishye (Sat Da)of Line Baba can tell

 

[Sunil]

kya bolte ho....?
will it close gap....?????

ie will it touch 3553 fut / spot 3537

 

[pkamalesh]

Review of INDIA INDEX SVC@S&P CNX NIFTY INDEX (.NSEI)
as of 10/7/2008


Current Statistics

Close: 3,606.600
Change: 4.250
MACD Value: -149.365
Signal Line: -102.791


The MACD can provide buy/sell indications in three ways, signal line crossovers, overbought/oversold conditions, and divergences.

Crossovers

Currently the MACD is bearish since it is trading below its signal line.The MACD crossed below its signal line 17 period(s) ago. Since the MACD crossed its moving average, INDIA INDEX SVC@S&P CNX NIFTY INDEX's price has decreased 15.94%, and has ranged from a high of 4,399.300 to a low of 3,537.000.

Overbought/Oversold

The MACD is in an oversold range. Prices may continue to move lower for some time. Wait for prices to move higher before considering any long positions.

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Alex todays closing is at the most accurate levels as predicted yesterday....