Nifty Futures Trading

[learn2trade08]

did u cover it,i am still holding with stop of 4454 entry at 60....
all the best...
p.s: whats the supports?
i have a feeling we will test 4420 again.

SL brought to 4440

 

[Sunil]

FUT 4424 was the low of the big 1pm hourly candle of tues

 

[new2sm]

yes I did cover it. short again below 4438. till 4470 u can remain bearish. the current upmove is just rsi adjustment.

 

[smarttrader42]

Dear Friends,

Nifty (F) can be bought arnd 4436 for a target of 4472 - 4475 .

Enjoy and Trade Well.

 

[KomaL2099]

Short below 4438 what shud be the SL then ??

yes I did cover it. short again below 4438. till 4470 u can remain bearish. the current upmove is just rsi adjustment.

 

[Sunil]

yes I did cover it. short again below 4438. till 4470 u can remain bearish. the current upmove is just rsi adjustment.

i second that...
FUT 4470 is today's Pivot

i think new2, our calc gives diff result for S3 & R3
my online calc says S3 is 4202 FUT & R3 is 4785 (though not needed today, but still i wanted ur confirmation)

 

[Sunil]

booked out one lore lot at 4453...

4456 remains the key RSR till now...(will look to add more above this)


(few days back this 4455 was asish da's successful chowkidaar on more than 3 occasions)

 

[new2sm]

S3 in FUT for today is 4082.27 and R3 is 4858.27. Maybe u are following a diff. method of calc. Pivots.

 

[renu daga]

i dont go for 70,,unless it crosses 59/60,,we are agian to see 4420

renu

 

[new2sm]

Short below 4438 what shud be the SL then ??

depends on ur risk appetite. like I said, till 4470 I am bearish above it bullish.