Nifty Futures Trading

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new2sm

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chummi hanging man t1 achieved 2580 which is also cam target. 2550 is max mkts can go today unless there issome really bad news. Needless to say we will have -ve closing today.
 

Sunil

Well-Known Member
nearly 10% fall from yesterday's peak, friend
giraffe's stomach is full with water as of now...
today the focus is on it's stomach (rectangular in shape)....
let nature & market take its own course along with some time...

everyday one cannot get a knockout "neck" move!!!
:D


action is quite evident in SPOT chart with tug-of-war at 2600
+ & - 20 on either side for today's range


the more time it spends in this 40point band, the better will be its resulting neck (coz of hunger or thirst, as case maybe)

still maintaining that tight range...
now in last hour of trading....
let's see if this range is still maintained; will be good for tomorrow then
 
chummi hanging man t1 achieved 2580 which is also cam target. 2550 is max mkts can go today unless there issome really bad news. Needless to say we will have -ve closing today.
new2sm

How u decide target of Hanging man or shooting star , can u please explain that by chart , how to calculate target for them
 
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