Nifty Futures Trading

[rishig38]

H&s on FUT?

is it a Triple Top at 4007 Spot??

 

[Sunil]

i prefer to see atleast 30 min diff between any two tops or bottoms, to consider them reliable

 

[uasish]

If we remember the 4061.55 ,the LR ,which helped me to take a Short @ 4043.55 level earlier ,now this 4061.55 how is tackel-ed by Nifty Fut.

 

[uasish]

Crossed once.

 

[uasish]

Shorted @ 4054.25 Stop = 4063.05

 

[uasish]

Covered 50 % @ 4042.25

 

[uasish]

Now even if Stop is Hit will not incur loss in this trade.

 

[Sunil]

as per 60 min chart, FUT 4030 is the key resistance to look out for...
also, it is today's PIVOT level....

above 4030, hops-skip-jump to 4043-4059-4070-82/85

marry 5min with 60 mn and u'll get these "magical" levels

 

[uasish]

Covered @ 5059.65

 

[uasish]

Longed @ 4063.00