Nifty Futures Trading

[uasish]

Totally embarrased & Flattered,can only say you guys are good in intraday also.

 

[Sunil]

(15 minutes left now)

NIFTY CONTINUED ITS 99% TRADITION TODAY (6th day in green)

3 CHEERS TO NIFTY - THE K I N G OF THE STOCK MARKET

 

[uasish]

See falling like a stone now.

 

[Sunil]

now what we have in hand for tomorrow;

the HH HL uptrend since yesterday's last hour is on with stop with today's LOD FUT 4395

the short term LL LH downtrend since last week (acc to me, but need guidance) is also still on with stop at monday's high FUT 4459

 

[lalpar]

Although for intraday traders it was testing this last 30 point fall would have made them rich Yestrday market rose in last 30 min today the opposite but we are in uptrend!!!

 

[Czar]

thanks Satyajitda & Lalpar

 

[lalpar]

thanks Satyajitda & Lalpar

dont know for what brother!!!

 

[Sunil]

[
4440 - In this short term bearish downtrend (LH LL), selling has come in force near every previous LH. Now, entries around this R2 can be used for fresh intraday/positional shorts with stop as mentioned in the beginning (4447+)

Just to summarise with round figures, this fight between 4300-4400 can be used for intraday swing trades by buying on dips with stop below 4250, and selling on rallies with stop above 4450.

because of current high premium, spot was nearly near R2, hence i persisted with short, along with da's RSR

 

[Sunil]

dont know for what brother!!!

na, for providing REL future's rate

 

[uasish]

One thing can be said even before studying the chart throughly,that this Fall can be an impulse wave,if the high 4454.50 is not taken out to-morrow in opening hrs then we may see some more downside of this wave started from 4454.50 .