Nifty Futures Trading

[TrendPlayer]

am i the only one seeing a negative divergence?

L2D: 60 min NF..me tracking..

 

[Sunil]

immediate target as per patterns = 2960 FUT

 

[MurAtt]

Triangle BO

 

[Sunil]

BTW, second bullish divergence's target also achieved in process...
RSI much above 70

 

[Sunil]

appreciate your charts, murtuza....
thanks a lot...

but please don't stress yourself, and disturb your trades...
even a mere mention of type of chart pattern, and we get an idea of what u r trying to point out....
u may post the charts after EOD...

thanks a lot, again...

 

[faith]

appreciate your charts, murtuza....
thanks a lot...

but please don't stress yourself, and disturb your trades...
even a mere mention of type of chart pattern, and we get an idea of what u r trying to point out....
u may post the charts after EOD...

thanks a lot, again...

thanks ,learning a lot from you all
faith

 

[Sunil]

spot at prev. High = 2957
fut is breadth away from 2960 (already a new high)

 

[Sunil]

Murtuza,
never obserevd BB during intraday trade (kept it only for positional)...
but nice to see the current status....

mouth has opened up

 

[MurAtt]

Does it not look like a Flag formation in 5 min?

But RSI overbot (can stay there - fine) BUT Slow-Stoch also above 80.
What can one deduce from this?

 

[Sunil]

ok, BO target achieved....

take some breadth, baby... go & kiss 2947-50 (BO level), and make it RSR