Nifty Futures Trading

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uasish

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#131
#131
Re: Time to Stick my Neck Out ,Nifty 7300

The Corrective swing downwards has broken certain levels (though yesterday but was waiting for confirmation) apparently it seems another (-) 250 for Nifty Feb Fut from here,if close is below 5058.20 tomorrow.
This actually breaks the basic Structure for achieving 7300,which now seems Too Long Term,as i am found to be wrong most of the time in forecast,would be personally glad if this is negated.
As per Time calculation 2nd Week of March may show us the Lowest Point & if by 1st week Feb we cant stay above 5285 then the earlier Low may even be challenged.
It is to be watched that there would be 2 minor up impulse & where do we land on upside for those two.
 
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anjubhatia

Member
#132
#132
Re: Time to Stick my Neck Out ,Nifty 7300

uasish said:
The Corrective swing downwards has broken certain levels (though yesterday but was waiting for confirmation) apparently it seems another (-) 250 for Nifty Feb Fut from here,if close is below 5058.20 tomorrow.
This actually breaks the basic Structure for achieving 7300,which now seems Too Long Term,as i am found to be wrong most of the time in forecast,would be personally glad if this is negated.
As per Time calculation 2nd Week of March may show us the Lowest Point & if by 1st week Feb we cant stay above 5285 then the earlier Low may even be challenged.
It is to be watched that there would be 2 minor up impulse & where do we land on upside for those two.
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sir,
is it will be right time to keep overnight position in nifty ? or it shud be intraday?
 
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uasish

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#133
#133
Re: Time to Stick my Neck Out ,Nifty 7300

I normally carry very light positions overnight,even in good times.
 
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uasish

Guest
#137
#137
Re: Time to Stick my Neck Out ,Nifty 7300

Nifty Fut 60 mins has (+)ve bias,the earlier EoD Resistance was 5412.25.
 
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uasish

Guest
#139
#139
Re: Time to Stick my Neck Out ,Nifty 7300

A close above 5446.76 in the Hourly bar's closing is Critical.
 
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uasish

Guest
#140
#140
Re: Time to Stick my Neck Out ,Nifty 7300

Now 5485.50 is the Critical Level ,if Nifty Fut can stay 1 Hr above this the Sentiment may change to (+)ve for few more bars.
 
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