Nifty Futures Trading

[new2sm]

what are the implications?

Signifies indecision bet. bears and bulls and possible change in trend. though open is 3073 today it is almost a doji.

 

[new2sm]

Bearish Harami Cross Hair in 1 min.

 

[myvineet]

where is sunil today ?

 

[knarendra]

Nifty in Buying zone. Dont sell any Nifty stocks
Now, Nifty-3086.
Lets watch.

 

[Sunil]

at such crucial junction, I would want some good sideways movements, so that the resulting Bar With Real Blow gives a knockout punch to either bulls or bears...
else without consolidation, it may be a trap for either side

BTW, this rangebound move had already started since Friday (3050-3100)... let's see what happens by EU open time

the agony continues...
hopefully for a better ecstacy...
;-)

 

[new2sm]

attempts of inv. H&S on 5 min. neckline 3093.

 

[new2sm]

sabas. broke 3093 directly to 3104. all longs and calls rocking.

 

[Sunil]

attempts of inv. H&S on 5 min. neckline 3093.

thanks a lot, buddy..

i had "myopic" eyes today

textbook target = around 3113

 

[kalwarik]

target acheived sunil bhai

 

[Sunil]

target acheived sunil bhai

the credit goes to new2sm for pointing out the inv H&S...
target was from textbook which gives inv H&S ideal target...

i was getting a bit confused about triangles being formed since friday.... was not sure about they being bullish or bearish, until new2sm's post...