Nifty Futures Trading

[uasish]

Logging off for 1.5 Hrs.

 

[Sunil]

let's see bulls....
can u complete this ascending triangle attempt...
go & test/retest that 3150+... (to finally break it)
i m with u till 3100

;-))

now, this ascending triangle attempt is very much apparent in 1 min chart...

FUT should not go below 3110 now, else this setup breaks

(BTW, the rectangle setup will still continue till LOD breaks)

 

[Sunil]

good, 3rd "taste" of 3150

 

[Sunil]

now 4th taste...

chal oye

 

[Sunil]

main villain for bulls will be that 3167...
will need good volume-breakout to beat that

 

[Sunil]

will book out half if goes below 3115...
for balance stop below LOD..
net... breakeven

 

[Sunil]

so far so good, triangle is narrowing
and may "squeeze" bears

 

[Czar]

A silent TL is creeping up & 5 min HH HL formation , bought at 3133 stop 3122

 

[Sunil]

this is the 4th taste & attempt to break...
if not now, then next one SHOULD be the last one...
otherwise, i'll have to narrow my trails

 

[Sunil]

A silent TL is creeping up & 5 min HH HL formation , bought at 3133 stop 3122

yes czar, this is ascending triangle...

and it has broken,........
yes..................................!!!!!!!!!!!!!!!!!