Nifty Futures Trading Part 2 (Positional)

[learn2trade08]

is there any remote possibility we might be heading to retest the neckine....

thanks,

 

[mitasatyajit]

da, how can i find this dloader , i google and find this but looks different


http://www.traderji.com/software/71...a-downloader-v1-0-year-1991-current-date.html

its for EOD and for BSE ????

http://www.traderji.com/development-software-utilities/12776-*****-backfill-downloader.html

Moreover this one is for RT data from y.a.h.o.o. or pib

http://www.investbulls.com/

 

[columbus]

i think tomorrow wel get the formal announcment about the rate cuts by all major banks...and is there a FM show tomorrow????Anything weird expected???

kamalesh,

Everyone expected that if OBAMA comes to power ,he puts ailing American
Economy back on tracks ,this would be cheered by American Markets. Couple
hours back ,when I tuned to CNBC18,all 3 ,( Dow,NASDAQ and SP )were in
RED.

In general rate cuts (we will get less amount on FDs)is Negative as far as
markets are concerned ,we can expect some more downward movement.
Let us see.

 

[dumdum20008]

Ok, this chart incorporate my first layman( expert) advisory
hope its working good ( backtested result ok) but not yet applied in Real Trade.

 

[pkamalesh]

Ok, this chart incorporate my first layman( expert) advisory
hope its working good ( backtested result ok) but not yet applied in Real Trade.

what is the other symbol (other than the buy and sell)

 

[dumdum20008]

what is the other symbol (other than the buy and sell)

EB (exit buy)
ES ( exit sell)

if after short, a candle generate both ES and B then Metastock dont show both signal on same candle, thats why direct buy signal after short means first ES and then B, (vice versa for in long)

 

[dumdum20008]

Hi satyam, its ok or some thing else can be included,
im plotting previous extension and recent corrections simultaneously.

 

[satyamsit]

Hi satyam, its ok or some thing else can be included,
im plotting previous extension and recent corrections simultaneously.

Hi dumdum... u have taken the 2nd lower top which is starting fm 4558, but u have to calculate it from the highest peak fm whr its started falling that 4649.85 which is the first top of the last down move 4659-2252.

and as approach is concerned...10/10...keep it up mate.

 

[satyamsit]

First one is for intra supp (plz dont misread it as a place of buying , but a mayhem after brking it, confirmation of holding the shorts). The brown line is pegged at 2885 for the last hr (taken bcoz of lowest pt) tomm, and 38.2% of 2228-3298 is pegged at 2885.so main place to look out for more unfolding mayhem is 2885, and first hr brown line is at 2920.
So main supp is at 2920 and 2885, below which satda's modem game will get extended.

Now a very interesting thing i wanna discuss, this pic had been posted for more than once inform of closing and high-low in previous occasions. on left side we last rallied from below the red tl in sept'07 and see what happed... b4 brking it we retraces exactly 38.2%. after sept'07 this time did rallied from below the red line, and see whr this 2228-3298 38.2% is pointing at ... its 2885. so below this 2885 some big big turbulence may come very easily.

 

[satyamsit]

actually satyam also check the weekly it'll be more fun

Yaar, not getting the wk-ly chart view... plz throw some light .