Nifty Futures Trading Part 2 (Positional)

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learn2trade08

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dear vjay,aman
sincerely appreciate both your reply's,extremely sorry couldnt post earlier as i was travelling..
praveen bhai'kaise ho,is haftein lagta hein nifty ki bajegi...
:D
all the best.
found a couple of interesting things on the charts will post it tonight.




Dear l2t,
Hope this helps!
Regards
VJAY

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l2t
here is dow hrly chart


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dumdum20008

Well-Known Member
Hi,

10-min OR ( 2792- 2765 ) 27 points, very wide OR, so personally avoided to trade.
A downs successfull at 2755, validation around 2750.
today market tested SL for short.
[ will post chart after market]
 

dumdum20008

Well-Known Member
Now , since todays low was 2738 and yesterday close was 2735, so if by logic of ATR which is running around 100-110 points, a possible high of todays NF seems 2835-45, cause now going back to 2735 and expanding todays range in lower side is very less likely. Lets see what is in store.
 
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