Nifty Futures Trading

[coolboy007]

Nifty fut still in a 20 rs prem after one more carnage , what a re people and big hands upto. I cant understand , is it referring to a short lived short cvring bounce. I hvent senn nifty fut in discount till now which i strange to me.

 

[new2sm]

second u coolboy. no idea whats going on. but enjoying the flow.

 

[uasish]

So 3445 acted as Resistance ,with minor few mins narrow range,Short Stops can now come down to 3551.05 (my subjective view looking only Price action)

 

[uasish]

Now let us see what the minor support @ 3398.70 has to offer.

 

[uasish]

I dont feel today volume is significant to write back home still now,if that be so means NO BUYER conviction.

 

[xtalk]

Ashishda, pls post here Nifty SPOT RSI values of 1min, 5min, 30min, 1hr chart using all available data so far? Pls post during break (11:25a).

 

[uasish]

All falling like nine pins ,fiesty day for Shorts.

 

[Sunil]

a good example of descending triangle in today's 1 min chart
neck was 3420
target = 3420 - (3460-3420) = 3420 - 40 = 3380
achieved

 

[uasish]

Xtalk,

Hey i do'nt use RSI what period ?,can somebody help him.

Asish

 

[Sunil]

Ashishda, pls post here Nifty SPOT RSI values of 1min, 5min, 30min, 1hr chart using all available data so far? Pls post during break (11:25a).

SPOT RSI (14)
1 min = 35.86
5 min = 25.03

14 bars of 30 & 60 min are reqd, which i don't have in my trader terminal's charting software