Nifty Futures Trading

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Sunil

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2800CE TBQ:TSQ is 10:1
any clue? :D
they want to hedge their positional shorts in futures..
simple

today being 6th day (after 5 continuous negative days) , there's a high chance of closing in green...
but, that should not disturb the LH LL pattern from 3150...
acc to my chart wave observation, such prev. LH is spot 2910.
Between 2850 & 2910, i prefer to be positionally neutral...
 

Sunil

Well-Known Member
key resistance at monday's IIP pappu peak of SPot 2828 / FUT 2820...
That time's 8 pts discount is now nearly 20pts...

I've learnt to respect spot more...
let's see spot 2828 or fut 2820 - which one is respected...
wow, spot 2800 in sight...

B D T, (punjabi slang):D
SPOT 2828 & FUT 2820 both provided "respect"
 

Sunil

Well-Known Member
spot did a 1-2-3 with 2800 (y'day's resis, today's support)....
now, ranged trades between 2800 & 2830.

outer limits 2750 & 2850...
2800 straddle costs around Rs 200/-...
ie profit only above 3000 & below 2600...


look out for descending triangle MEEK attempt in spot with neck 2800...
negated on break of 2830
 
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