Nifty Futures Trading

[ag_fx]

Is the NIFTY SPOT level 2860-2863 kind of RSR level? AS seen from daily charts attahced?

Plz comment SUNIL

 

[dhavalj]

sorry for butting in (since the query is directed to sunilbhai), but 2860 is 31DEMA which i find is used by some for trading. plz shed some more light sunilbhai.

 

[new2sm]

inv h&s in 3 min.

 

[Sunil]

divorce cancelled...
dene waala jabhi deta,
deta chappad phaadke...


some breakout this turned out to be... WOW!!!

PREVIOUS TOPS ARE NEAR spot 2868 / fut 2858
couldn't resist...
bought PUT 2800 @ Rs. 10/-

i think tonite it's FED meet...
last chance to 60min RSI now clearly overbought....

(personal views only)

all my love & respect for RSI is at stake tomorrow....

as at today's close, RSI (14) values for my main TFs:

5min = 80
60min = 95

(all other TFs are also 80+)

today, divorce with RSI cancelled...

5 bars in 30 min chart & 3 bars in 60 min chart - ALL IN RED

 

[Sunil]

SUnil: NF hourly is at 71 ??

TP, i get my RSI value from investbulls.com charting website...

i'll post that chart after EOD

 

[Sunil]

getting inspiration from Praveenji's Tootka thread, i was sitting in shorts (literally) since open
;-))

 

[Sunil]

covering half here at 20
(referring yest's 5min chart)

 

[ThE HaMmEr]

excellent cool off in RSI 60 minutes.......

good for longs

 

[Sunil]

remember y'day's
spot 2808
fut 2803

RSR for today

 

[Sunil]

+ve divergence in 1min
attempt in 5min