Nifty Futures Trading

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Sunil

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please let me clarify that today was this vedic-astrologer's first column in DNA; so no track record---
i m again requesting you all not to take this seriously...
 
More Puts becoming positive. More sellers than buyers in NF. btw, I don't think crossing of 4500 is going to happen today but it's entirely possible that it happens later this week. Imagine crude crashing to $100, inflation reducing, dollar appreciating rapidly making IT sector go up - all this could very well prop up the market towards 5000 levels.
Paresh
 

Sunil

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a confession:
on thursday, i had wrongly considered 4475 spot as the stop for this over-4-day LL LH formation... that level for thursday was actually 4565 (the HOD of wednesday)...

for today, it's 4480-87 spot (nearly R1 for today) with pivot being 4465
and now, if LOD breaks, then the STOP becomes 4447 spot/4455 fut
the LOD needs to break to give momentum to this 4-day LL LH formation
 
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