Nifty Futures Trading

[nagendra_gb]

Sunil...

in sep series buyers are less compared to buyers.. shall we come to the conclusion that people are squaring off there shorts in aug series and selling in sep series..

 

[mksingh255]

NIFTY is seems strong at 4346 as per its chart

 

[mksingh255]

Nifty make double bottom at 4346 and shows strength.
MKSingh

 

[renu daga]

tisco comp slipped down,,, not expected at all...!!

renu

 

[Sunil]

it now seems that Bulls have failed miserably today in their classwork...

now their homework is to go to Siddhivinayak Temple tonight walking and pray that Tuesday helps them in some way to save 4300

 

[uasish]

Good trades,Sunil.

 

[Sunil]

today i m in no mood to call chokidaar... bulls deserved this.. let's see if they can do something after closing gap up...

one thing i have noticed but need more confirmation days:
if after good gap up, TSQs are more than TBQs in both big & mini even beyond 10:15, then it will just be a profit-booking day, with EU opening provide relief or fire accordingly

 

[Sunil]

LOL
this fight between 4300-4400 continues...

 

[Sunil]

after breaking the trough (4375) of the double top (4392), it has just not been tested... in fact 4373 provided quite intraday resistances, just short of 4375.

So, for tomorrow's trade, we have to watch out for this 4373-75 FUT level (as of now, it's also the stop for today's LL LH attempt post 4375 breaking)

 

[Sunil]

I don't want anyone else to have this day bias,

but I have noticed Tuesdays being a "change in sentiment" day, with Thursdays being a confirmatory/whipsawing day for such change in trend.
Nifty has managed to give a positive closing though at EOD... I won't be surprised to see 4400 broken tomorrow...!!!
I am again requesting not to have this bias in tomorrow's trade - it's just a statistical study result.