Nifty Futures Trading

[myvineet]

2800 gone with a bang...

 

[Sunil]

check out 5min chart
descending triangle's work in progress

 

[new2sm]

almost near 2761 pivot. uske niche we come into bear trend but mkt is hopelessly oversold.

 

[Sunil]

1/4th more out at 65 (very close to todays classical pivot)
now trailing for balance 1/4th

 

[Sunil]

to make picture more bearish, friday's LOD needs to break...
so, using trailing stops would be advisable..

 

[Sunil]

price range compression, RSI neutral (as of now), SCO value high,
maybe a symmetrical triangle attempt...
2800 & 2835 immediate range...

today it is "bears ki izzat" along with 20DSMA chowkidaar.... 1 day closing above this also wont be enough
)

L2T just posted that...

damn tht sounded so good.......
kachin...trin,trin,kachin.....$$$$$

THAT'S THE WAY
UHHA UHHA
I LIKE IT
UHHA UHHA

 

[Sunil]

friday's LOD nearing

though SPOT is still a bit far (20 pts)

 

[Sunil]

cvrd rest at 2712 (friday LOD)

day over for me...

(carrying over positional put)

 

[myvineet]

cvrd rest at 2712 (friday LOD)

day over for me...

(carrying over positional put)

excellent trade.....

 

[ag_fx]

cvrd rest at 2712 (friday LOD)

day over for me...

(carrying over positional put)

sir,
when did you enter the trade? I cudnt find a post for the same....i m trying to fine tune my entry levels and thus was curious...