Nifty Futures Trading

[lalpar]

these TSQ N TBQ are fake most of the time u cant take decision after watching them...

It was just for info

 

[Sunil]

rounding off, 4000 is the back of bulls, 4100 is of the bears...
let's see, who bends down today

 

[uasish]

Sold @ 4043.00

 

[uasish]

Stop = 4065.05

 

[milind]

just missed this set-up yesterday ..... meanwhile closed call @ 90 and put @ 73 at opening which i carried from yesterday....missed closing call at break even by some seconds

I was about to post about the same when I noticed your message. Worrisome when one is long.

-- Milind

 

[Sunil]

we r currently in the pivot zone for today FUT 4040 / SPOT 4030

 

[Sunil]

booked half at 50

 

[Sunil]

52.60 is key resistance for lambus

 

[rajaram.dilipkumar]

Just my views and open for debate ,
TBQ and TSQ is not an indicator in itself ... the more the number of buys the more severe the fall will get as even small selling will lead to unwinding ... this applies the other way also.Infact this is the logic behind bearish/bullish wolfe where point 5 goes out of the channel (indicating the trap laid out by bulls/bears) only to break it on the downside....infact karthik also explained that too much of volume(in our terms OI) is bad for a trend in his VSA thread as anythings with limits like 2x or 3x volumes is good while 10x is bad as this indicates more people getting trapped and when the flow turns up or down all these people will rush out and this will only accelarate the up or down move...people like asishji look for a dip in volume to entar counter trend trades(especially for cash trades) while i look for a explosion in volumes to entar countertrend...So volume has to be looked at from different perspectives and no too people will have the same opinion..

 

[Sunil]

if my counting is right...
one more taste of 52.60 should break thru