Nifty Futures Trading

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

DONT LOOK AT SPOT NIFTY IF U ARE A GAP TRADER....

iNDIAN NIFTY FOLLOWS GUIDELINES OF AMERICAN NIFTY.. WHERE NO MATTER WHAT'S TODAYS OPENING , IT HAS TO START FROM PREVIOUS CLOSING... YOU WILL NEVER FIND GAPS IN s&p NIFTY.....

RELY ON SENSEX OR NIFTY FUTURE

AJAX

Good advice as always,Ajax.......but could we turn off that Caps Lock please?

Thanx !

Saint

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

DONT LOOK AT SPOT NIFTY IF U ARE A GAP TRADER....

iNDIAN NIFTY FOLLOWS GUIDELINES OF AMERICAN NIFTY.. WHERE NO MATTER WHAT'S TODAYS OPENING , IT HAS TO START FROM PREVIOUS CLOSING... YOU WILL NEVER FIND GAPS IN s&p NIFTY.....

RELY ON SENSEX OR NIFTY FUTURE

AJAX

Agreed Ajax!

Hence I look at the opening price of NIFTY as captured by Esignal on Hourly or lower periodicity chart. It shows the real open. On their daily chart ofcourse they show previous day close as next day open hence I never look at NIFTY EOD charts for candlestick patterns. Sensex gives the truer picture.

Regards,
--Ashish

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

hmm,doesn't show that on mine........but thanx anyway,Ashish

Saint

Always a pleasure Saint!

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Sensex at the psychological level of 15000. May prompt me to book profit in case there is a swift reversal or there are some bullish candle patterns.

 

[Ajax]

Re: Time to Stick my Neck Out ,Nifty 7300

Good advice as always,Ajax.......but could we turn off that Caps Lock please?

Thanx !

Saint

ok saint,, i believe caps are rude.

regretted

ajax

 

[robin_malihan]

Re: Time to Stick my Neck Out ,Nifty 7300

I dont know much about advance wolfe waves but whatever i know and if that holds then there will be a low after 4 days and again we will be in bull market for sometime........

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Sensex at the psychological level of 15000. May prompt me to book profit in case there is a swift reversal or there are some bullish candle patterns.

Breached for the time being.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Breached for the time being.

Exited trade as NIFTY Future went above the high of two dozi bars at this psychological level with Sensex appearing to make a pivot on 5-min chart here.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

I dont know much about advance wolfe waves but whatever i know and if that holds then there will be a low after 4 days and again we will be in bull market for sometime........

Hi Robin!

WW on which periodicity?

 

[Venkat123]

Re: Time to Stick my Neck Out ,Nifty 7300

Are postal savings earnings tax free?