Nifty Futures Trading

[Sunil]

Pls post the rsi divergence can't spot in my charts. After market hours .

Thanks

refer to ankit's graph above...
price making LL
RSI not

 

[Sunil]

unless spot breaks 2700, it will appear as ping pong continued between 2700 & 2850 fro 8th day today

 

[Sunil]

superb!!!!!!!

now prev LODs
spot 2703 / fut 2677

 

[myvineet]

2700 not far

 

[Sunil]

superb!!!!!!!

now prev LODs
spot 2703 / fut 2677

C H E E R S

to new LODs

 

[MurAtt]

Next is what?

 

[Sunil]

ok guys..
draw a trendline from y'day's HOD 2790 fut to today's HOD

next another TL from today's LOD to 2743

triangle in process, as of now....



also IB in 60 is decent from downside (no pun intended)

bigger target of this triangle also achieved

 

[Sunil]

Next is what?

Samsung
!!!

logically SPot 2650

but i try to first find my trailing stop & then see the target & then see if it's worth continuing overnight

 

[bala281]

hi all

There is a simple rule to get twenty points every day
1. check for high and low of every day from 9.55 to 10.30 possibly upto 10.40 am
2. After you get this if the nifty spot and futures moved above the high between you will get twenty points for sure. you stop loss is the low before 10.40 am. If it hits the SL then short from the same point ( you will get all you have lost ) . you will never loose a single trade.
3. If the nifty goes below the low, then short it you will get twenty points.SL is the high before 10.40
4. Check for all the days yesterday was the only day it didn't work for last 6 months.
5. If it doesn't go above, don't trade
6. Always enter the trade after 10.40 only
7. try all day chart. you will find this

ENJOY !!!!


BALA

 

[arjit]

Bala281,can u give one of ur traded example.