Nifty Futures Trading

[uasish]

If this up move gets resisted @ 4285.35 then subsequent breaking of 4275.75 (if happens then only i will short).

 

[Sunil]

to negate possibility of H&S, and to continue intraday HH HL, it need to break HOD w/o breaking 4272.5

 

[uasish]

Now Short as mentioned ,Stop = 4290.30

 

[Saint]

Never mind Sir. Market is Guru and to learn something from market we have to present "Gurudakshina". Take it the cost or "Gurudakshina" for what u have learnt from market. What I can say u, u paid so small cost for this lesson. For me I had to bear a huge cost for the lesson you learnt. Here everybody will pay this cost to market today or tomorrow, lower or higher. I can challange it, no successfull trader has become successfull without paying the market a single penny. For the present salute the market.

With love.

Regards.

Satyajit

Great stuff,Satyajit......

Saint

 

[Sunil]

waiting for spot too break HH HL & H&S neck

 

[uasish]

Now 4264.50 may give minor supp.

 

[new2sm]

H&S on 1 min.

 

[vvvv]

For Drawing Trend Lines,what i used to do earlier (now it is coded hence it comes automatically):=

People using MS:

Take Gran Grid from the tools bar,identify a Major Pivotal High or Low in the past.
Right click on the Grid now placed on chart,put the date ,time & start value in the box,tick snap to price box,leave the Rise & Run parameters as default,do not tinker with it initially.
Now take trendline pencil from tools bar trace those lines which have touched most number of points in the chart,draw 2 to 3 such lines,over the grid's line.
Delete the Grid now,so that only the TLines traced by us are on the chart,now right click on those lines & in the box 3rd from last select 'Create Parallel Line'.
Bingo you will find the new lines almost touched multiple points in the chart,then we can be sure ,basing on past data that these lines are correct.
Use this TLines for your Analysis.

thank u ashishda.so much to learn from u so quickly.
i installed a seperate gann plugin for metastock but no gann grid there.from where to get the gann grid??
i hope u already rcvd my email.

 

[tinchu76]

To my untrained eyes didin't we have a H&s pattn in 1 mnt chart from 10.08 to 10.33??

 

[Sunil]

that's why saint sir & satyajit da, i m too scared to trade on Guru Poornima day & teacher's day (5 sept)...

Guruji (market) kuch zyaadi hi dakshina maang lete hain uss din...!!!