Nifty Futures Trading

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Re: Time to Stick my Neck Out ,Nifty 7300

For those who trade with 1-Min chart, Cup & Handle Formation in NF after Downward slanting wedge breakout. Breakout from Cup & Handle will be above 4543. (The trade is not for me as I do not trade 1-min charts..)
Nice observation Ashish. Breakout happened. :)
 
Re: Time to Stick my Neck Out ,Nifty 7300

aca and others. just a request.....if you can also provide a simple layman interpretation to your analysis then it will be good for us newcomers to SM. cup and wedge and such terms are bouncers for us. your analysis coupled with what it means will help us learn things faster than reading fat books....just a suggestion.
Cup with Handle

Falling Wedge
 
Re: Time to Stick my Neck Out ,Nifty 7300

lol...follow these TA analysts of CNBC,and you'll be sitting on hands the whole time!!:eek:

Saint
 
Re: Time to Stick my Neck Out ,Nifty 7300

yes....they are in no trade zone since last month....
Have they ever been in Trade Zone?:rolleyes:

Always safer to say "Time to take profits" when markets are going up......but when did they buy?:eek:Then of course,they would say it everyday till bull run is over.Then,when markets fall,it's "Best to watch for now",but when did they sell?:eek:

Lol......Clowns!:D

Saint

ps:We need them though for the humour element for the day........what would we do without them?
 
Re: Time to Stick my Neck Out ,Nifty 7300

Raising SL to 4552

Saint

ps:Not looking to add.....60min still in a dntrend
 
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