Nifty Futures Trading

[Sunil]

actually, in spot chart 5min, there's descending triangle forming....

LHs 2940, 2921, 2910...
base constant arnd 2885 regon....
(Spot values)

pattern negated if prev LH 2910 is taken out

 

[uasish]

So RIL is giving hint from (+)0.90 jumped to (+) 2.13 %.

These type of Traingular Pattern to Halt the Price is normally seen at the Time
of changing Directional Bias.
In EoD a 'Bearish Engulphing' then next day (yesterday) a 'Spinning Top'is not
conducive for Longs.Now this Intraday Traingular correction of Price & Time is
evident of some Bullish attempt.
Here we have to rly on HH / HL thing,as now 2931 is our Pivotal High hence any break
above that,plus the earlier Pivotal Low 2855 is also Holding.
Hence just enjoying with Short's stop @ 2932.00

 

[uasish]

really nice to see all seniors back in action togethor....just sat'da missing.

How can we expect to get Kolkattans To-Day when 'Sourav' is playing his Last Test.They are ALL GLUED to TV sets.
(I also took this excuse to stay home.)

 

[new2sm]

does any senior know what is the pattern/scenario called when there is simultaneous Higher higher followed by lower low called(which is happening right now) and what does it signify. me thinks it just signifies confusion trying to find direction, but any guru has knowledge what it means for intraday and short term(next few days) perspective then kindly enlighten.

 

[Sunil]

How can we expect to get Kolkattans To-Day when 'Sourav' is playing his Last Test.They are ALL GLUED to TV sets.
(I also took this excuse to stay home.)

SOURAV'S UNSEEN PICTURES FROM FAMILY ALBUM

 

[Sunil]

ONE MORE PATTERN:
INV H&S in 5min chart...
diagonal (and not horizontal) neckline...

)

 

[uasish]

Now 2924.90 is LH

 

[Sunil]

today's whole action is centred around the classical's pivot 2920!!!

 

[uasish]

Sourav Ganguly Out @ 85.00

 

[Sunil]

Sourav Ganguly Out @ 85.00

now all Kolkattan traders will be free...

now big movement for sure...