Nifty Futures Trading

[Czar]

so that eternal bull from dalal st is back ..........need more bulls like you mate.
Now neither in nifty nor in futures we have a bearish engulfing but we had one developing in nifty between 10-11....
Note not all 5 min bars are treated as hourly bars apart from the opening one as it is 18 hours of all information available to man in one candle.

what bullish n what bearish LOL now see the difference between bulls n bears is so thin. That just 5 mins difference in the bar n scene changes

I trust a big rally n that too with follow up, atleast I know someone is putting money in the market n when that money tries to exit it always gives signs so why worry

 

[Sunil]

sheeesh...
even if it's an inside bar now in 60 min, iw on't be to happy if it breaks on upside....
target 1 is negligible (though one cannot rule out further move up - but that wont be purely coz of inside bar)...
downside break would be interesting

yesssssssssssssssssss

unbelievable.... i wanted it to break on downside to be of some "use" to me
it broke on downside....
target 1 achieved....
from 3635 to 3620

 

[myvineet]

inside bar works again .....wow

 

[orderflow13]

yes sunil .... we observing first time inside bar breaking on downside .. interesting learning day
btw .. there was spike on downside wasnt it qualify as break ?

 

[Sunil]

that initial spike did not break the low of the inside bar....
we cant preempt the downside break...

but, presence of more TSQs at time of break gave confidence to downside break & achievement of target....

u r right - in such bearish conditions, downside break of inside bar has happened after a long time....

 

[rajaram.dilipkumar]

what bullish n what bearish LOL now see the difference between bulls n bears is so thin. That just 5 mins difference in the bar n scene changes

I trust a big rally n that too with follow up, atleast I know someone is putting money in the market n when that money tries to exit it always gives signs so why worry

iam putting a gun on your head ... now tell me you are a bull

 

[orderflow13]

that initial spike did not break the low of the inside bar....
we cant preempt the downside break...

but, presence of more TSQs at time of break gave confidence to downside break & achievement of target....

u r right - in such bearish conditions, downside break of inside bar has happened after a long time....

interesting ... we must include tbq and tsq parameter for inside bar .. it will gard against false moves ...

 

[Sunil]

interesting ... we must include tbq and tsq parameter for inside bar .. it will gard against false moves ...

though not warranted at all....
theory states no need of volume, etc

 

[new2sm]

3601 which is R1 is a minor support now.

 

[orderflow13]

though not warranted at all....
theory states no need of volume, etc

as asish da wd say lets wrap the books and go by our evidence .. ur observations on tbq/tsg and using it is quite phenomenal, we can make our own system if parameters helping us