Nifty Futures Trading Part 2 (Positional)

[mitasatyajit]

satya, charts are fine..but what about other indicators like MACD, RSI, ....??

Pardon, I have not posted any indicator (except trenlines) in my charts. I do not use them.

 

[Czar]

In my chart NF tomorrows resistance shows at 4462.80.

ok that matches...

 

[rishig38]

Pardon, I have not posted any indicator (except trenlines) in my charts. I do not use them.

volumes have been low..some one said they are down to the february levels when the big crash happened..so really it could go either way...stop losses are a must..actually Stop and Reverse are a must to gain maximum benefit..

 

[mitasatyajit]

volumes have been low..some one said they are down to the february levels when the big crash happened..so really it could go either way...stop losses are a must..actually Stop and Reverse are a must to gain maximum benefit..

Nice observation on volume. Keep it up. I don't know whether u have watched todays TBQ and TSQ.

 

[mitasatyajit]

Could short at 4400(NF), very sorry could not get 4430(spot). My risk enhanced to 35 points (+ premium).

Let us see.

Regards.

 

[mitasatyajit]

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[rishig38]

satya, do you think 4315 would break this time or we could again have a bounce back from that level? I shorted at 4350 as I was busy the whole day...what should be the S/L if any?

 

[mitasatyajit]

satya, do you think 4315 would break this time or we could again have a bounce back from that level? I shorted at 4350 as I was busy the whole day...what should be the S/L if any?

Please do not predict the market, just go by trend. Stop loss 4435 as said yesterday, but donot want to say nifty will go that much.

With love.

Regards.

 

[mitasatyajit]

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12 pm posting

 

[Czar]

....the falling pink trendline around 4380, which we crossed today, but remember, Nifty bounced off in a hurry from the bottom, thus Hourly chart usually requires a Pull back to test the lows. cause its very rude to leave lows without goodbye

one day I am not there & u guys crash the markets, not fair...

well market fooled all swingies yesterday & has come to test the bottom, lets watch, if we fall thru 4318 NS & 4331 NF & remain down for more than few mins then It seems its heading for atleast 4200/4225 region...