Nifty Futures Trading

[TFL]

Stops hit of short position now 4055 above

 

[uasish]

Was in't it supportive to short? See MACD.

Maybe i do not trade with MACD,use mostly Supp / Res & volume.

Though i feel this would go to 4041.00 still cant keep the Shorts,as had few bad trades to-day hence want to close atleast to be richer than my broker.

 

[Sunil]

i guess only a gap up can break that 4100 FUT triple top...

i have observed these on earlier occasions too....
gap opens are the only solution for such strong RSR levels

 

[uasish]

So it actually went below 4041.00 ,but my survival instinct was nagging in the head.

 

[Sunil]

some lallu bought my 55 (stopping my profit), and now it's under 40

read somewhere, at all orders, both parties think they are smarter than the opposite party

 

[praveen taneja]

hahahahaaha nice observation sir

 

[TFL]

What the position now?

 

[uasish]

RIL /SBI /NTPC / ICICI Bk / Bharti is showing good strenght,let us see for to-morrow,which Heavy Wts takes care.

 

[Sunil]

FUT 3994 is the stop for this HH HL now

 

[uasish]

Closing above 4021.00 is good for Longs.