Nifty Futures Trading Part 2 (Positional)

[pkusingh]

Nifty having Support at 2698 and strong support @2680.for feb expiry i think nifty will close at 2700-2750 level .

 

[learn2trade08]

probability of closing higher...2850-2900.

Nifty having Support at 2698 and strong support @2680.for feb expiry i think nifty will close at 2700-2750 level .

 

[pkusingh]

probability of closing higher...2850-2900.
[/QUOTE

if nifty will break 2722 it will go to 2745/2758 today only.

 

[milind]

Is anybody here following movements of S&P500 futures. There is seems to be good correlation between movements of ES and Nifty (direction, not amplitude). Around 12:20, there was a spurt in ES, a minute later Nifty followed. For past 45 minutes or so, ES cycled twice between 750 and 753. Now it attempted a break out of that range and hit 754 before returning. If ES breaks down significantly, below 750, we will be exposed to intraday downside. Vice versa if it goes above 755.

This being after market for US, volumes are not great, but is picking up as we get closer to London open.

 

[kiranb]

man,
you are such a big liar....didnt you tell me you knew not a whole lot about charting the other day...

please keep up the good work.

Thank you so much l2t,
I still don't know a lot about charting or chart patterns, i am still learning.
I guess we all are learners here and we learn every day something new, and this was something new for me which i learnt and applied

 

[pkusingh]

probability of closing higher...2850-2900.
[/QUOTE

if nifty will break 2722 it will go to 2745/2758 today only.

till now nifty having a high 2740.

 

[Czar]

This week is moment of truth week for nifty, needs to close above 2770 spot anyhow else....

 

[learn2trade08]

service tax cut to 10%?
is this true?
thanks

 

[Czar]

60 mins

 

[MurAtt]

Would today's close qualify as a Doji ?