Nifty Futures Trading

[pkamalesh]

now the 60min chart over last 3 days is looking so healthy - note that's WRB's low - spot 2885...
this is also the BO-RSR zone, as shown in morning's charts -
if this breaks comfortably today, then future of this uptrend is doubtful

Feel we can do another 15 - 20 points on the downside sunil...whats the target if we close below that today??

 

[Sunil]

check this out shishir....
regular bullish divergence hits its target of RSI 70

 

[coolboy007]

check this out shishir....
regular bullish divergence hits its target of RSI 70

I am Speechless Speechless and Speechless
Cant believe my eyes still.

 

[Sunil]

I am Speechless Speechless and Speechless
Cant believe my eyes still.

honestly, even i didn't expect that much upmove...
after all, it was in 1min chart...

such move happens when 5min chart supports...
anyways, i m not complaining

 

[metushar]

From hate to 'conditional love' (for indicators), I have travelled the long distance today itself.......

Will this be a absoultely flat closing 2919.9

Maan gaye, kise aapki paar ki nazar aur Nifty dono ko

 

[tinchu76]

check this out shishir....
regular bullish divergence hits its target of RSI 70

R u refereing this in 1 mts between 2.06pm to 2.13pm?
Not getting my updates
Something wrong with either net or data provider?

 

[Sunil]

From hate to 'conditional love' (for indicators), I have travelled the long distance today itself.......

LOL...
that was a good one...

their knowledge/working is actually not that much needed - but what the heck, if u try making "conditional friendship" with them

 

[pratik_ghosh]

Hi all

Today there was a doji formed on the daily chart....i m confused whether this is a reversal doji....do u expect the uptrend to break....
again we have a fibonacci resistance at 2950....also a swing high....

again in elliot wave , i think we are in C correction of long term(monthly) chart....In C we are in 5th wave
5th wave is again 5 wave...so i think today the 5th wave's 2 has ended....


5th started at 3148....
5-(1) at 3148 to 2634

61.8% retracement at 2950....end of 5(2)....

Do u agree with me????

Regards
Pratik

 

[metushar]

Hi,

I have uploaded 2 charts one is nifty futures one day chart and another is nifty spot 3 month 60 minute chart.

Please to comment on the inv. H&S whether it has been taken out in the the nifty future chart, i guess the spot is also the same, Felt i should look at future chart as well.

In the nifty spot, a double bottom is there(Confirm please), whose target is also coming to be 3000.....Also, nifty spot had another double/triple bottom kindda thing for which 2880 was the breakout level whcih happenend yesterday, The RSI and Slow Stochastic levels however says overbought status is there, MACD is not very clear.

So kind of confusing situation....

Do these charts give indication that Nifty has to go till 3000.

Please to comment.....and switch on tthe tube light on this fellow ...

See you in the morning, signing out.....

 

[metushar]

Thak thak thak......thak thak thak.........koi hai ?