Nifty Futures Trading

[praveen taneja]

sunil ur message has been read by nse.

:d:d:d.......................

 

[uasish]

Now 4465.90 area can provide Support.

 

[learn2trade08]

what a move....4485-4496 in a fraction of a second!!!!

 

[uasish]

dada, does it mean wave 4 ends here and nifty going up again??

Tulika,

I am not a Gr8 believer of EW,however any correction after an impulse ;here we are talikng about W4 which always retraces a significant portion,but the rule for W4 is it should never come below or at W1 level's High.

Asish

 

[Sunil]

Sunil ur message has been read by NSE.

da, i recd one more message
SPOT 4439 is ACTUALLY SAR ON EOD CHARTS
that coincided with asish da's 4455

 

[Smart_trade]

Huge volume bar, Mkt changing direction on longer timeframe ???

 

[new2sm]

rsi > 70. mkt has small resis @4507

 

[uasish]

So now it is even 4497 !!

 

[rishig38]

so what is the position that we should take now?

 

[uasish]

http://www.traderji.com/derivatives/18953-nifty-futures-trading-1111.html#post205229

If at all it crosses day high then i may initiate short from 4542 (plus minus 10 points).