Nifty Futures Trading

[rishig38]

test time:
today's pivot SPOT 4500 / FUT 4523

If Spot 4500 breaks, then this bullish trend will take us to 4600 Future level for sure...4500 is crucial test...

 

[milind]

Potential bearish WW on NF 5m. Someone please confirm.
4503 4483 4512 4489 4525

TSQ also has increased.

-- Milind

 

[renu daga]

i prefer to exit all longs fo today / tom at 4524..

renu
because we still ahve one gap intact to be filled

 

[Sunil]

rishi, i would be looking for a close above 4480 SPOT / 4500 FUT...
ie, a flattish close on positive side would also do...

i think, in all TFs, it is in UT

 

[milind]

Potential bearish WW on NF 5m. Someone please confirm.
4503 4483 4512 4489 4525

TSQ also has increased.

-- Milind

Covered - since its getting close to closing time, and TSQ dropped below TBQ.

 

[coolboy007]

While reading charts , can anyone tell me which SMA to take 15 , 50 or 100 .

I am pretty confused , tried using some charts from sites to know intra supports but dont know which SMA to take.

Thanks

 

[columbus]

While reading charts , can anyone tell me which SMA to take 15 , 50 or 100 .

I am pretty confused , tried using some charts from sites to know intra supports but dont know which SMA to take.

Thanks

Greater the number HIGHER the degree of smoothness.Basically the NUMBER depends on your purpose of study.

 

[coolboy007]

Greater the number HIGHER the degree of smoothness.Basically the NUMBER depends on your purpose of study.

For eg i want to know supports and resistances for intraday basis or at the end of the day for the next day. So u mean higher number more smoothness means less deviations and more accuracy. Can i use 50 SMA today was using it for the first time on NIFTY and it was working fine.

 

[Sunil]

well, i use 50DMA mostly for positional trades..

yesterday, even 100DMA should its true colours...

and to add to your confusion, there are two types of MAs... simple (as taught in our school days) and Exponential (where recent data is given more weightage)
i refer "simple"

 

[coolboy007]

well, i use 50DMA mostly for positional trades..

yesterday, even 100DMA should its true colours...

and to add to your confusion, there are two types of MAs... simple (as taught in our school days) and Exponential (where recent data is given more weightage)
i refer "simple"

Thanks a lot you have cleared my doubts. 50 is right i think.