Nifty Futures Trading Part 2 (Positional)

[pkamalesh]

Hurray...taday also technicals worked for me (from my last post)...nifty spot low was 2844.80...............Thats really excited me now....wait for more charts now buddies...

 

[columbus]

Hurray...taday also technicals worked for me (from my last post)...nifty spot low was 2844.80...............Thats really excited me now....wait for more charts now buddies...

Kamalesh,

Looks like WAR signals sent the SENSEX tumbling down for last 4 days.

 

[pkamalesh]

Now the stop los for the shorts would be the dark green line...until then rock on dudes..

 

[pkamalesh]

Kamalesh,

Looks like WAR signals sent the SENSEX tumbling down for last 4 days.

Yes bhai ...might be the reason...but not sure..anyways that tech thin and all i was just kiddin brother..

 

[columbus]

Yes bhai ...might be the reason...but not sure..anyways that tech thin and all i was just kiddin brother..

Looks to me that 50-DMA,25-DMA and Nifty Future like to meet at 2800
to have a party.

 

[learn2trade08]

if i am not wrong,sat'da spoke of 1300 sme time back...today is the first time i could relate to it on my charts....but a few important levels in between including 2840-2855/2798/2500 and the only resistence i can see of now is 2910-25...lots of hurdles for downside but only one threatening for upside,still favoring the bulls but will change once 2840 is taken out,question is will 2840 break on eod basis.the hope for bears as of now is 9600 which was taken out on sensex and the ascending triangle on s&p never worked out as anticipated.
all the best

 

[dumdum20008]

Hi,
From hourly and daily charts, 2940 looks first logical resistance, but if this fall inherits nature from previous rise than a re-testing of 3000-3037 levels is possible( it might be like jacking above 3000 on 31-Dec by FIs).
On the down side failure of 2805(NF-daily) and 2770(NF-Weekly) may test strong support of 2660.

 

[pkamalesh]

 

[dumdum20008]

Hi,
Happy New Year and Happy trading to all TF members.
Im missing Czar, Stada,alex...

 

[xtalk]

Hey guys, wish everyone here a very happy, prosperous and cheerful 2009. Lets hope that worst is over. atm I'm on vacation.

cheers!