Nifty Futures Trading

[pkamalesh]

pkamalesh,

Thks for your chart & analysis,plz keep them coming.Why dont you give the Price points of your Monday's Level & Exit Short Levels,so that in Intraday we can watch that Price Point.

Asish

ohhhhhh ashish da...im so glad to have got a reply from u....i actually post only in the positional hread...only today im looking at all the other threads...i will surely give u the price bands...but plzzz im a biginer, correct me if im wrong...

kammy

 

[pkamalesh]

ohhhhhh ashish da...im so glad to have got a reply from u....i actually post only in the positional hread...only today im looking at all the other threads...i will surely give u the price bands...but plzzz im a biginer, correct me if im wrong...

kammy

Watch out for 3350 if we have a gap up tomorrw an eventually upto 3400...in case of a gap down watch for 3200...plzzz plzz plzzz cover your shorts around 3200 if there is gap down tomorrow...

 

[uasish]

Watch out for 3350 if we have a gap up tomorrw an eventually upto 3400...in case of a gap down watch for 3200...plzzz plzz plzzz cover your shorts around 3200 if there is gap down tomorrow...

Ok will watch these tomorrow,we all where beginner & as of now we always will remain begginer to the Mkt .

 

[pkamalesh]

Da just watched yours and saints video in the kolkatta meet...very informative....i just have a smal doubt over where satda was in the meeting...plzz tell me na...

 

[uasish]

You may Laugh but truly i have not seen the video till date but as far as i remember at the time of Sanjay's deliberation (he was using Satyajit's Laptop) probably at that time the Guy with specks handling the Laptop or at Saint's or my time he was handling the Laptop.

 

[columbus]

The Swing Index is used to identify the true price of a security by evaluating the current bars open/high/low/close prices as well as the previous bars information. It then plots that relationship as a value above or below a zero line. It looks for a change in direction of price movement.
As u can see in the chart the swing has change its direction from the black line and as you can see the curve which indicates a technical pullback...

kammy,

Instead using LINES (red lines) ,try using BARS, it looks attractive.

 

[pkamalesh]

 

[kkseal]

Thanks pkamalesh Will lookup Swing Index.

Regards

 

[Sunil]

BTW, the range for the whole day stuck to 3220 & 3400...
a rectangular pattern
bulls may see dbl bottom
bears may see dbl tops

if i run my imagination a bit wild,
if 3275 fut holds & 3400 is taken out, then that would be an inv H&S with neck around 3400....

can come handy for monday

Nifty FUT 5 min chart:

Supports: 3280 / 3259 / 3225 / 3209 = S1
Pivot: 3310
Resistances: 3350 / 3367 / 3396-3400 (R1) / Above 3400, downward sloping TL resistance comes into picture.... 3450-65-75 / 3500


This TL is also nearly corresponding with 20bar simple moving average resistance in hourly chart ie 20HSMA

 

[yashodhan]

Da just watched yours and saints video in the kolkatta meet...very informative....i just have a smal doubt over where satda was in the meeting...plzz tell me na...

Kamlesh,

I tried to watch the video but could not. What did you do?