Nifty Futures Trading

[renu daga]

haaaaaa

darpok!!!

renu

 

[Sunil]

well, if we mark out yest's HOD & LOD, then they appear as a a base of a triangle (maybe symmetrical).....
this triangle BO can give an idea of the direction of inside bar BO

the attempt is visibly on....

 

[uasish]

The 3200 mark is psychological plus 3197 is a resistance zone.

 

[renu daga]

sbi!!!!!!!!!

renu

 

[uasish]

Now 3239 is resistance zone.

 

[uasish]

To fathom the strenght of a Trend we have to see 1st the primary up (in uptrend) or down move (in down trend) then comes the imp. part what is the retracement or pull back ?
Watching that will give clue,instead here if we see RSI / Stoch etc we will be mislead.

 

[rajaram.dilipkumar]

asishji , pls let that call and futures long run its entire course without thinking about booking profits ...... for once. it is a humble request.

 

[uasish]

3239 may pose some time correction here.

 

[rajaram.dilipkumar]

make or break time..double bottom in nifty hourly close to b/o

 

[uasish]

Raja,

Planning to do that but to combat the time decay part of the Calls ,jobbing at resistance points to get some extra money in hand,if possible.

Asish