Nifty Futures Trading
- Thread starter uasish
- Start date
- Tags nifty futures nifty intraday trading
- Status
...It has thought me so many things 
This post is just to remind my friends here that
Last week bar low (nifty near month contract) is at 4275. This week high is 4564, which is greater than last week high of 4544. We have already broken the low of last week earlier today. I have not checked the latest rate. But if we close below 4275, we shall have outside downbar reversal in weekly chart. This week high will make a lower pivot top when compared to last pivot high in weekly chart. Nifty longs beware of that. Last thing we want in weekly chart is break of weekly pivot low, which is at 4208.
Hope this helps
Last week bar low (nifty near month contract) is at 4275. This week high is 4564, which is greater than last week high of 4544. We have already broken the low of last week earlier today. I have not checked the latest rate. But if we close below 4275, we shall have outside downbar reversal in weekly chart. This week high will make a lower pivot top when compared to last pivot high in weekly chart. Nifty longs beware of that. Last thing we want in weekly chart is break of weekly pivot low, which is at 4208.
Hope this helps
- Status
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