Nifty Futures Trading

[MurAtt]

Thanks L2T

 

[MurAtt]

Breakout confirmed, we have crossed 2845 levels Nifty.
(All this is Spot levels which I had forgotten to mention with the charts.)

 

[jstraju]

Friends,
If this is a break out of the box in hourly charts,what next ?

 

[jstraju]

double hump camel or a trap?

 

[MARKETBHAVISHYA]

good morning.today asia has come down from its highs.but america did well on friday.any idea why ?

 

[Sunil]

today is one of those when classical pivot calculation results matches with chart levels...

all FUT levels:

R3 = 2902
R2 = 2872
R1 = 2851

PIVOT = 2821

S1 = 2801
S2 = 2771
S3 = 2750

Last Monday, on 2-Feb, HOD = 2873, LOD = 2760
and for rest of week, Nifty was stuck in this range...!!!

are we nearing the climax of this suspense thriller???

 

[Sunil]

there were some sexy RSI bullish divergences in 1min chart in last week of my absence...
also, a yummy IB on 60min last monday....

hoping to see either of them today, to make me feel home....

 

[ThE HaMmEr]

it is always good to see u in action sunil this thread comes alive .... with lots of learnings....

 

[faith]

there were some sexy RSI bullish divergences in 1min chart in last week of my absence...
also, a yummy IB on 60min last monday....

hoping to see either of them today, to make me feel home....

 

[Sunil]

good morning.today asia has come down from its highs.but america did well on friday.any idea why ?

there's a "fantastic" thread by OneBull/Aiyaz on this mystery...
I have never seen such a, technically or otherwise, correct analysis of Nifty... totally fida..



BTW, is this correct???:
Interim Rail budget on 13-Feb
Interim General Budget on 16-Feb

Last year, 2008's first 20DSMA + 50DSMA bearish crossover happened a month before budget time....
this time too, 2009's first bearish crossover has happened....
hoping that this event breaks the deadlock