Nifty Futures Trading Part 2 (Positional)

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coolboy007

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[URL=http://g.imageshack.us/img512/425035



We are now almost coming back frm where we started. That dreaded RED thick line gave us the resistance bears needed and we came below it by a very good margin.
We also came below the Green thick line , another teaser for bulls:D
Now last hope for bulls will be the green dotted line which gives us support around 2628-2630 zone. Closing below that this uptrend may finish then and there. No more TL;s left with me for supports , multiple resistances and minimum supports - Jai ho bear mkt ki.
 
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coolboy007

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Dow helping me to extend my profit on shorts...down 400
Sometimes you people say Dont follow DOW sometimes you say its helping shorts:mad: Bacche ko confuse kar diya...
Kammy , Either Dow ill go more down or just recover last hour is the juggling round. Last week Dow scaled 1k and we just 0.5k. One thing i learnt frm Dow is that dont make pre conclusions. Asian mkts may react anyway to them:D
 

pkamalesh

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Sometimes you people say Dont follow DOW sometimes you say its helping shorts:mad: Bacche ko confuse kar diya...
Kammy , Either Dow ill go more down or just recover last hour is the juggling round. Last week Dow scaled 1k and we just 0.5k. One thing i learnt frm Dow is that dont make pre conclusions. Asian mkts may react anyway to them:D
Cb...this is a major fall for the dow after it rose like a mad bulldozer last week...so i think wel go down..remember 10-90%???ahaa
 
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