Nifty Futures Trading Part 2 (Positional)

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Sunil

Well-Known Member
Call all fielders at the region 2940 - 2970. Nifty bhagne na paye. :D
Sat Da is the captain & the batsman (wearing Bull's most hated colour RED)...
Rishi is his partner, on the other side...
Alex is the umpire...
L2T is the leg umpire
Czar is the 3rd umpire...

No need to guess who's on the fielding side...

A A V I J A A O

:D:D
 
Sat Da is the captain & the batsman (wearing Bull's most hated colour RED)...
Rishi is his partner, on the other side...
Alex is the umpire...
L2T is the leg umpire
Czar is the 3rd umpire...

No need to guess who's on the fielding side...

A A V I J A A O

:D:D
The imaginary line passing through the slip fielders is fib line which is at 29xx. Thank u Sunil for protecting nifty to break that line.
 

satyamsit

Well-Known Member
Hi,

Tommorrow we are going to see 2940-2970 as the bottom of NIFTY (9700 or so for SENSEX), and from there a sharp reversal can come which can take us all the way to 3340-3350 in short term (11 trading hours), with some positive developments over the weekend, we can expect some volatility ahead of expiry.

It is my feeling that we will end somewhere 3200-3300 in this expiry.

For DOW, I am expecting 7532 to be tested today itself and a sharp rebound from there, lets see what happens.

Thanks

Kailash
Kailash, if u can post some charts displaying how those levels r getting archived,that wud be gr8 as guys like me is seeking for it. thank you.
 

xtalk

Active Member
If this kind of liquidation continues for few more week or so, I bet RBI will file bankruptcy to IMF. We survived Asian Financial Crisis (1997) because there was no FIIs those days. This time FIIs ruined India story :(
 

pkamalesh

Well-Known Member
satyam i was checkin the fibo projection and retracements in MS...i have some doubts...from which top should i take the fibbo projections and retracements???and how do u calculate the points down or top..i think u do a good calculation but im a bit confused..if u coul take the pain and explain..plzzzzzzz....
 

pkamalesh

Well-Known Member
If we take the january high as the top of the fib projection then the 0 % falls around 3800....do u think we would retrace back to those levels????and what predictions do we see here????


 
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