Nifty Futures Trading

[mitasatyajit]

Da, please post this chart showing the downward trendline from Jan 08 highs...(if possible, not hourly but EOD charts)

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On Daily chart. Support at 4338.

 

[lalpar]

the buyers are 4 lak more than sellers!!! the volumes are very low..Verybody is in wait and watch mode..All asian indices have come off the lows which helped nifty to oopen GAPdown but not quite bg in sizee.....Its only SM that will decide where market will be heading...lets wait until todays day close..

 

[renu daga]

sunil ,,watch pivots forming ,,,hl / hh,,on 5 min
pls confirm this

renu
as u are always behind my pivots

 

[mitasatyajit]

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Weekly chart.

 

[Sunil]

u r right czar...
TL is indeed diff in SPOT & FUT charts...
anywaz, i'll be relying on 4315 spot (my adopted child) to bounce off nifty

it's not that i want it to, though

 

[Sunil]

yes, it's attempting HH HL intraday...
but now it shud break 4390 before 4370 breaks...

i was long from 70 with partly booked profits at 88

 

[rishig38]

EU markets in red already.

 

[myvineet]

yes, it's attempting hh hl intraday...
But now it shud break 4490 before 4470 breaks...

I was long from 70 with partly booked profits at 88

i think it is 4390 before 4370....

 

[renu daga]

i think break fo 88 is sufficeint,,,

but is ynable

renu

 

[Sunil]

now to add to more confusion for intraday trade, we have a double top in spot/fut charts

so.. 4465-4490 is the fight range...
(surprisingly, we aren't even -1%)

anywaz renu, i hope this is right that the stop for this 5-day LH LL formation is now 4447 SPOT (yesterday's high) or is it 4427 ????