Nifty Futures Trading

[new2sm]

mkts are oversold hopelessly. they cannot continue going on down. so adjustment will take place. there are signals coming now and then to change direction but it is failing. if u r following RSI u will see that it is going below 30, raising slightly say till 35-40 then going back down. clearly weakness. lets see which attempt wins.

 

[nagendra_gb]

Sincierly i hope you should win because even am short on markets

 

[uasish]

http://www.traderji.com/derivatives/18953-nifty-futures-trading-1717.html#post252143

Covered 50 % 100 points below.

 

[nagendra_gb]

Sir,

I have followed you sir but still holding it.. dont know some how when i see ur levels with out thinking i follow .. but learning a lot from ur levels sir.. usually night i will go and check why u gave that level many times i wont understand can you please tell us how u calculate those levels r they typical resistance and support points or more than that

 

[uasish]

After few days visiting this thread on Live Mkt found,the subtle movement of 'Price' & 'change in sentiment prevailing at this very moment'; is still few areas which needs attention for every one of us.
We have not advanced much. We can't still trade on BOTH SIDE.

 

[uasish]

Sir,

I have followed you sir but still holding it.. dont know some how when i see ur levels with out thinking i follow .. but learning a lot from ur levels sir.. usually night i will go and check why u gave that level many times i wont understand can you please tell us how u calculate those levels r they typical resistance and support points or more than that

Have to rush now,some time later,plz excuse me to day,

 

[new2sm]

three white soldier pattern. very bullish.

 

[new2sm]

a bullish harami pattern has formed. breaking 2719 will confirm it and shud not break 2693

Edit: Cancelled. Good runup was shown by the pattern but bears are grizzly today. Now it has formed Bearish engulfing.

 

[praveen taneja]

Sooooooooooooo tgt 2629 still intact

 

[new2sm]

Sooooooooooooo tgt 2629 still intact

Yes. but LOD needs to break and we are close to oversold. but I wud now want to see "ignore rsi and just keep selling" mode to reach there. wud be very rejoicing for all of us.