Nifty Futures Trading

[Sunil]

oh ..broke upside....

was already long... had kept 64 as SAR..
so no big emotions about inside bar breaking on upside
though now have booked out most

 

[renu daga]

no sunil,,, i was looking for upper tgt

 

[Sunil]

no sunil,,, i was looking for upper tgt

but yesterday, it did not cross tuesday high ie 3265 - so upside does not come into picture...

BTW, we had an inside bar on monday too.... but on tuesday, inside bar did not get triggered at all, as Mon's HOD & LOD was intact...
so, we had another inside day on tuesday, with an expectation that wednesday will proce lucky...

on wednesday (yesterday), it broke on downside & also achieved its target

 

[Sunil]

this is something new...
inside bar broke on downside too..!!! (after achieving on upside)

i have not come across this situation... let see if it can achieve its target 1

 

[new2sm]

Game spoiler, Spot has support @ 2951

 

[rishig38]

Game spoiler, Spot has support @ 2951

it went down to 2948...should i cocver my shorts now or wait till hits its target of 2930??

 

[new2sm]

it went down to 2948...should i cocver my shorts now or wait till hits its target of 2930??

If u have conviction in the Charts, FUT has last support today @ 2933. if can bear the ups and downs then wait or else, ideally u shud have covered and reshort at higher levels. Support and Resistance means they are pierced and then u see the bounce back as we are seeing right now in spot.

 

[rishig38]

Sunil, I also went for the aar yaa paar trade...lagta hai ki bull horn mere aar paar ho jaayega

 

[milind]

This is 7th time today, NF has had an attempt at 3000. Will it stick this time?

 

[dr_sreenivas]

Dear freinds
Good afternoon all
Nifty future has taken support Fib 61.8% support @2945 as per Fib 1st target 3008 2nd Target 3047 3rd target 3110!!!!

Sreenivas