Nifty Futures Trading

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Dev,

To trade these Lines (the exact value is in the upper task bar),see the periodicity ,here it is 10 mins,wait for few bars , see whether it is breached from downside or upside,if so how many times,these are levels when sentiment change will happen,now when we get a directional bias (watching few bars) we initiate trade for few more bars towards the sentiment change,keeping Stop above or below these lines,often that gives a minor rally.
As it is my subjective code hence the success is absolutely uncertain,hence trade on your own peril.

Asish
yes dada
got your point
u r the gr8 teacher.
regards
 
U

uasish

Guest
Sunil,

As you regularly help us by providing Pivot R1 S1 etc,you must have noticed yesterday Nifty Fut's Top was the weekly R2.

Asish
 

Sunil

Well-Known Member
Sunil,

As you regularly help us by providing Pivot R1 S1 etc,you must have noticed yesterday Nifty Fut's Top was the weekly R2.

Asish
yes da, that's why, not being a proper TA, i prefer help from pivot points...
magically or what, these simple mathematical calculations result in actual chartical supports/resistances majority of times...
 
L

learn2trade08

Guest
stopped out at 4500(loss of 45 points),yesterdays trade i,e...
thanks..
entered shorts @ 4540 with stop of 4550....pleasse correct me if i am wrong.some issue with data vendor
 
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renu daga

Well-Known Member
more TBQs in both mini & big...
spot holding on to 4515...
now, reaction at 4550 or below 4515 is to be seen
abs rgt ..4550...unles sit crosses,,,!!

leran to trade..i told u yesterday ,,at 4567.when it wnet down,,, thta now ,this rally is finished for time being ,, ne wlows will be seen,,
short at 67..and now 4510,,fut!!

renu
4550,,crossing is the life lien to this rally
 
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