Nifty Futures Trading

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Nifty is likely to do a ""Camoflauge"pattern today.It is a pattern in which it closes above the open but closes below yesterdays close.

This pattern indicates that short term bottom is in place and mkt to take upswing.Lets see how it works out tomorrow !!!!

Trade well !!!
 
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Pardon me, I could not understand the reason of your bullishness.
as mentioned earlier satyjit da,

My aim is to be in the right trend and hold on to trade for a long time as i dont trade intraday ...Currently we are in uptrend rght fro 3800levels..there has to be a correction and this is what happened from 4650 levels..But volmes at 4600+ levels never indicated bearishness...

Also Crude is cooling and market discounted infaltion!!!this uptrend shld contimue till 4750 levels and thats what I am looking for in next 3 weeks :)

Lets see how market reacts!!!
 
as mentioned earlier satyjit da,

My aim is to be in the right trend and hold on to trade for a long time as i dont trade intraday ...Currently we are in uptrend rght fro 3800levels..there has to be a correction and this is what happened from 4650 levels..But volmes at 4600+ levels never indicated bearishness...

Also Crude is cooling and market discounted infaltion!!!this uptrend shld contimue till 4750 levels and thats what I am looking for in next 3 weeks :)

Lets see how market reacts!!!
Ok, I shall also be bullish when TLs suggest to be.
 

renu daga

Well-Known Member
lalpar,,

yes closing in green is very much imp,,, for me,,i usaully trade eod pos or take home pos on basi of reversals..

well rev could not atke place,,missed by few points,, and neither 60 levsl came back again..
though took long again at 78...and carrying home,,,

renu
 
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