Nifty Futures Trading Part 2 (Positional)

[renu daga]

so we defenitely had gap down,,,,and now seems crossing of 66 teh previuos high if kept intact then 4400 can be touched

renu

 

[Czar]

The TL break may be paid respect to... when is the question, if it does that then in the process the gap down will get covered... somewhere upto 4410/20 atleast...

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[mitasatyajit]

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[Czar]

just speculating but maybe the NSG may make the TL test... but to trade on this possibility is risky, what say ? I would wait for a rally & if indicators permit I would short or if indicators suggest a buy at 4200 then so be it...

 

[mitasatyajit]

just speculating but maybe the NSG may make the TL test... but to trade on this possibility is risky, what say ? I would wait for a rally & if indicators permit I would short or if indicators suggest a buy at 4200 then so be it...

US, India and rest of the world are keeping watch on the thick maroon DT line. All will decide after seeing the price behaviour with this TL.

 

[renu daga]

nifty forming ascending trisngle,,, which will break on upside after 75/77..positive on that ,, long form 58

renu

 

[mitasatyajit]

nifty forming ascending trisngle,,, which will break on upside after 75/77..positive on that ,, long form 58

renu

Thank u Renu, take a lead. Entire world is waiting.

 

[learn2trade08]

I am not trying to be biassed,but strong rumor that nsg thingie should get through by today evening.do u think that keeping an eye on cap goods should give us directio?
your time as always is sincerely appreciated.

 

[mitasatyajit]

I expect Renu is right.

 

[mitasatyajit]

Czar, please have some coffee till outcome of NSG.