Nifty Futures Trading

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Nifty Fut will be watching 4716.00,to-day.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

4716.00 acting as Support.

 

[SavantGarde]

Re: Time to Stick my Neck Out ,Nifty 7300

Good Morning Guys,

Ok Entered NF @ 4730

TATASTEEL @ 808

Overnight Positions Are In JPASSOC & CAIRN

SavantGarde

 

[SavantGarde]

Re: Time to Stick my Neck Out ,Nifty 7300

Sold 30% Of TataSteel Between 823.45-824.10

SavantGarde

 

[aca_trader]

Is it Wolfe?

Hi Folks!

Here is a broadening formation.
Can it be counted as Wolfe Wave Formation?
If yes, What is the entry criteria?

REgards,
--Ashish

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

So we got the higher pivot low on the hourly,that came in the form of a gap down,and now over yesterday's pivot high....

So,60 is in an uptrend as are all intradays,daily still downtrend......would be interesting to see if we get a strong rally here,or a tepid one that will only be the start of more down.......But all that is speculation,............for the Now,in the Now,we have a 60min uptrend,and we buy declines!

Raising Stops to below the low of the day.......to 4688.

Saint

 

[aca_trader]

Re: Is it Wolfe?

Hi Folks!

Here is a broadening formation.
Can it be counted as Wolfe Wave Formation?
If yes, What is the entry criteria?

REgards,
--Ashish

Break out above the formation. Will add to long above 4831.
http://www.traderji.com/162710-post1296.html

Regards,
--Ashish

 

[Ajax]

Re: Is it Wolfe?

Hi Folks!

Here is a broadening formation.
Can it be counted as Wolfe Wave Formation?
If yes, What is the entry criteria?

REgards,
--Ashish

YES BEARISH WOLF. GET OUT OF LONGS

AJAX

 

[aca_trader]

Re: Is it Wolfe?

YES BEARISH WOLF. GET OUT OF LONGS

AJAX

But for that we need price to come inside the resistence trendline once again, is not it?

 

[Ajax]

Re: Is it Wolfe?

YES BEARISH WOLF. GET OUT OF LONGS

AJAX

WELL, ASHISH, TO ME IT LOOKS BEARISH WOLFE. I AM OUT OF LONGS
CONSIDERING IMPLICATIONS & PAUSE IN TRADING TIME.

SHORT ENTRY WOULD BE RIGHT HERE AT POINT E .
HIGH OF POINT E IS STOP LOSS.
TARGET IS TOUCH DOWN TO RED LINE.

VERY VERY GOOD RISK REWARD RATIO FOR SHORTS

AJAX