Nifty Futures Trading Part 2 (Positional)

[Sunil]

This can be interpreted both ways... like the final blow (for the time being) to complete capitulation by breaking the large caps & thus creating the necessary panic... people I know who refused to listen to anyone to sell are now selling... ofcourse this does not mean a bottom but the process for the bottom... bottoms may take few months to complete...

above 3245 there should be life again... & a close at or below fri close would mean further troubled waters...

bhai, agar koi charts nahin samajh mein aaye, to just refer czar's CONCLUSION posts....
PS: i m sure his fav drink is Sprite

 

[mitasatyajit]

 

[sahaj_ahuja]

Safe zones stops for short is 3337 THAT IS SOME ONE SHORT HE/SHE MUST LONG /OUT ON THAT IPACT HIT.
Fib ratio is 1.66 so levels of 0.38 and 0.50 multiples by recent range come as resistance.Those levels are 3272 and 3341.
Happy trading
Sahaj Ahuja

 

[coolboy007]

I have a doubt , why is it that European mkts are outperforming??
Dow up just 1.5% , On friday FTSE rallied 5% , today also up 5%.
Have they taken any steps which are pumping the mkts higher everyday.

Aree NSE kuch seekh lo FTSE se

 

[learn2trade08]

ah dude,
sorry we couldnt invite you for the send off thingie...thursday night most of the members in nifty-2 booked a flight ticket for our dear bull kid to europe...
he shold be back in some time,sorry forgot the kids name(hick!hick!)

I have a doubt , why is it that European mkts are outperforming??
Dow up just 1.5% , On friday FTSE rallied 5% , today also up 5%.
Have they taken any steps which are pumping the mkts higher everyday.

Aree NSE kuch seekh lo FTSE se

 

[satyamsit]

Safe zones stops for short is 3337 THAT IS SOME ONE SHORT HE/SHE MUST LONG /OUT ON THAT IPACT HIT.
Fib ratio is 1.66 so levels of 0.38 and 0.50 multiples by recent range come as resistance.Those levels are 3272 and 3341.
Happy trading
Sahaj Ahuja

Hi sahaj, ur chart is technically perfect .just saw u have considered nifty spot chart whr 100% is taken as 3635... but i guess that high is 3648.25 of the bar u r referring to. in that case 38.2 and 50% are coming as 3276.43 and 3347.43 respectively.

Thank you.

to SATDA.... DADA see 50% again ....3347.43 and ur wk-ly resistance-3348...

 

[uasish]

Seems i am the Lone person Long here.

http://www.traderji.com/derivatives...trading-part-2-positional-392.html#post238582


http://www.traderji.com/derivatives...trading-part-2-positional-392.html#post238586

 

[orderflow13]

By alex_laxya
chart is neutral to bearish...
white impulse bar indicates down move done with, sar now not making perpendicular direction.. its fluctuating so safe to assume market in consolidation.
imp note.. o.i. pcr is my own method and created with my personal inputs to match my strategy of option.In short its fluctuate most and gives signs most ( if alone used can show whipsaw but used along can compliment amazingly )
now its down substantially, i read it as we r going to hit res zone strongly n smart money counting on opening shorts on res zone.

 

[orderflow13]

By alex_laxya

finally vix peaking .. and todays high was hist high.. so we can say we have solid bottom to play with might be one more jerk but nothing serious, as damage almost done

 

[Sunil]

ah dude,
sorry we couldnt invite you for the send off thingie...thursday night most of the members in nifty-2 booked a flight ticket for our dear bull kid to europe...
he shold be back in some time,sorry forgot the kids name(hick!hick!)

Panchtarang is HERE