Nifty Futures Trading

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learn2trade08

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another thing is 3950 was the 161.8% of the present fall..where probably profit booking happened...
now a probable retest of necline where hopefully fresh shorts can be intitiated...Your thoughts are sincerely appreciated...
thanks in advance.


I was long since 4020 and forgot to sq off since my comp. was freezing. chalo kuch to aacha hua :) hail sunil, as pointd in the morning, today was 6th day. good closing :)
 

orderflow13

Well-Known Member
another thing is 3950 was the 161.8% of the present fall..where probably profit booking happened...
now a probable retest of necline where hopefully fresh shorts can be intitiated...Your thoughts are sincerely appreciated...
thanks in advance.
what a gr8 observation buddy ... untill weekly turn bullish only way to trade is short, i wd wait for 4200 to short 4 sure
 

Sunil

Well-Known Member
now, in today's intraday chart (1/5/30/60 min), there's a clear HH HL UT pattern...
stop for this is FUT 3995 in 1min chart..

so, for tomorrow's trade, we have to keep this level in our radar
 
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learn2trade08

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dear alex,czar,satyajit'sir,sunil,renuji,ashish'sir and all the boarders of the 2 nifty forums.each of your postings,charts have thought so many novices like me and helped us so much.trading alteast for a novice like me is still a long journey,but we are assured that we have the guidance of people like you.
 
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