Nifty Futures Trading

[Sunil]

so, a pivot is formed in 5 min at last...
the trailing stop for this UT is now 3482 - whatever filter u prefer to have or not to have

but on a larger TF, pivot low/stop is 3390.... so, bullish picture abhi baaki hain mere dost...

next support i m looking out for is in 30-40 band

 

[uasish]

Somehow 3479.00 is providing support,but came to that region thrice in 1 min chart.

 

[uasish]

Seen how it falls after breaching 3480-3479.

 

[uasish]

Went upto 3468.00 so fast,this areas in chart if identified early can give some quick money,before one can put the Stop ,50 % profit is booked.

 

[uasish]

For balance 50 % could sense the Trap by looking at TBQ suddenly from 7.21 Lacks it started falling could get out & reverse so as to book small profit instead of Loss by God's grace.

 

[uasish]

Slowly Mkt showing us HL but if 3531 is crossed then HH also,let us see.

 

[uasish]

Hats off to RIL from 1508 low now 1642.00

 

[uasish]

So now HH also registered.

 

[new2sm]

3538 which is support is now a resistance.

 

[uasish]

Yup if crossed then 3553.00