Nifty Futures Trading

[uasish]

What i am intending from the morning to point out we may have been biased by external Indices performanves,but all through out the chart was showing

LH LL
&
All pull backs where fizzling at resistance points.

Now even that 3512.20 is touched.

 

[new2sm]

excellent closing. meager 7 pts +. today being tuesday-Trend setting day, should give a lot for good hopes of days to come.

 

[Sunil]

sunil,

i also agree with a_l on this ..... actually the 5 min tbq/tsq atleast tells us the trend for the next hour and in this thread we seldom look beyond 60 min. Is there any TBQ/TSQ % or any other study that you track to see how market behaves after the 5 min post opening bell or is it just visual TBQ/TSQs for taking trades...Combined with gaps this could be employed on trades but how to we backtest to see the results?

http://www.traderji.com/technical-a...ifty-futures-trading-thread-3.html#post221364

http://www.traderji.com/technical-a...fty-futures-trading-thread-13.html#post228613

RD, i have put in all about this in our Library thread....
After link 2, there's also a good discussion about this TBQ-TSQ difference.

Sadly, one can't back test this, since no one will have the details of TBQ & TSQ in any chartical/textual format...
Give it a screen-based experience for one month & see it for yourself.

PS: I look at both Big (50) & Mini (20)'s TBQ & TSQ... if Big has more TBQs, then EVEN mini should have more TBQs... and vice versa in case of TSQ. I don't look for any particular ratio or quantum of difference.
THOUGH MY SCREEN EXPERIENCE IS THAT MINI IS THE PRIME GUIDE IN THIS...

 

[uasish]

Feeling happy now regarding TBQ & TSQ,becoz there is an element of subjectivity,when i first tried to point it out in this Forum ;then ....& still now ...people have harped on the subjective part,but it helps at times as confirmatory.

 

[uasish]

Yes Sunil was always pointing to us that Mini's TBQ/TSQ gives a better understanding.

 

[Sunil]

the onus for bulls' strength now falls on SPOT 3465 & 3365

 

[uasish]

renu?????
i never saw her commenting on mini, or TBQ:TSQ....

anyway, the onus for bulls' strength now falls on SPOT 3465 & 3365

Edited Renu's name.

 

[Sunil]

These are derived from EoD putting forward only the Resistance Levels:=

3612.25 / 3645.30 / 3690.35 / 3727.85 / 3738.25 / 3768.50

The intraday levels will generate after Mkt opening data gets feed in.

Da,
please post your chart with "Asish's levels"....
it's been quite a while since u posted a chart... just wanted to see how things stand from your point of view...
please...

edit: oops, i just saw your post in part 2...
THANKS

 

[Sunil]

To get an indication whether the Upward movement is a signal for End of Downward journey as per EoD

a) Max 3393.35,any Closing below this is (-)ve.

Further Upward Head room left for this present up move.

b) If can close above 3738.25 then more Upside Left.

Da, just wanted to confirm: these are FUT levels, na?

 

[pkamalesh]

The Call of 4000 strike is now @ 13.05,how many new boy's family member are commited to Buy this now.

ashish da..i bought that at 17 and as i was in college... just couldnt get rid of that when it was around 30...now i fear about the time value...dono whats gonna happen..