Nifty Futures Trading

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Re: Time to Stick my Neck Out ,Nifty 7300

NIFTY is near to its support area on EOD charts. Check the congestion in sept 2007 with a round figure around the corner in an oversold market. will book partial profit if high of any 5 min bar is violated around this zone.
Will book profit on entire trade if 4527 is violated on higher side.
 

biyasc

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

Both SPOT & Futures are developing patterns with divergence.
Underlying is showing a falling wedge while Futures is in the process of making a broadening traingle.
Will go long on Wedge Breakout in Underlying. Target will be 4580 in Futures.

Regards,
--Ashish
hi asish, is these kind of patterns really works in day trading?
 
Re: Time to Stick my Neck Out ,Nifty 7300

Buying NF long at 4527,sl 4500


Saint
 

renu daga

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

sir,,
saint

60 min showed reversal in nifty but with every less margin ..and vol
though even i am long teh very next hourly bar let see.


renu
 
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