Nifty Futures Trading Part 2 (Positional)

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satyamsit

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I cud have posted 1 snap of this chart but i'll post ... bcoz i am excited. i cant stop myself.





Now a rough calculation last closing of sensex is 10809... tgt coming 9898... another 900-950 odd points. It equals to 300-350 odd points in nifty also.
Last nifty closing is 3342. So, somehow its its coming arond 3342-350=2990 :eek: (satda's level)...and 3342-300= 3040 :eek: (satbhai's level).
 
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uasish

Guest
Satyamsit,

Good discussion going on EW ,though there are many many non-believer of this methodology,i personally use few aspect of EW since long.
1 of my Intraday trader friend ,Santanu uses this in his Own way in Intraday Tick chart & trust me he makes money daily.Though he has tried to explain it to me since 2 yrs i cant understand that as he does.
Satyajit & Santanu made 1 excell sheet Long back based on some aspect of EW principle
but later on Satyajit shifted to Trend Lines.
These Fib levels do work in Intraday many a times. (as i am more of intraday type,hence time frame most of the time 1 min upwards).

Asish
In one of your post you have used a bengali word 'pet' ,which amused me.
Alex your enthusiasm is amazing.
 
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learn2trade08

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is there any site where i can get live dowjones futures data 24 hours a day please...i know ***** doesnt provide any other link would be sincerely appreciated.
thanks
 
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Czar

Guest
Usually a 3rd gap is covered promptly but was today an exhaution gap is the question... by EOD we should know...

In the last 3 big falls this is the only fall where Nifty fut always remained in premium..
 
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