Nifty Futures Trading

[uasish]

http://www.traderji.com/derivatives/18953-nifty-futures-trading-1924.html#post276758

Sunil,

In the legion of 'Proffessional Traders' ,Jesse is 1 of the Zen Master whom i respect & who invokes a fierce competative spirit in me ,to excell him ,a bench mark.

Asish

 

[learn2trade08]

tp,
will be back with more charts later...as of now 5 mins suggesting a retest of upper tl's....in anyways lets see tomorrow

L2D: 60 min NF..me tracking..

 

[Sunil]

There's a small unfilled gap in EOD chart at FUT 2925-2920.
Weakness below FUT 2920 can target 2900-2895

The ultimate support is still the neckline of Inv. H&S pattern - 2870

If 2925-20 is held, then break of 2950 will target Friday HOD zone of 2968-74.


Once again, classical pivot levels are matching chart levels:

R3 = 3021
R2 = 2997
R1 = 2972

Pivot = 2948

S1 = 2923
S2 = 2900
S3 = 2874

!!!


For 70mm picture (or should I say 60min chart), visit the other thread



No need to remind that today is Vote on Account (Mini/Interim General Budget Day) from 11am.
The only announcement I am looking forward to is the cut in STT rates.

Around 1/3rd of our costs is taken by this STT
It's like whether you profit in a trade or not, your broker & the government pinch your pocket with brokerage & STT in every trade.

 

[Sunil]

I still remember this post during my learning/initial days as a trader...May08

http://www.traderji.com/derivatives/18953-nifty-futures-trading-520.html#post180552

China's Shanghai Index zoomed up 10% in one day when the stamp duty on trades were reduced (though technically, now I know it had gone even below the depth of over-sold before that)...

I am not looking for % difference in Nifty, but definitely, a % cut in STT

 

[TrendPlayer]

Island reversal ?

 

[tinchu76]

Sunil hope enjoying the ride of divergence

 

[Sunil]

Sunil hope enjoying the ride of divergence

honestly not...
SOH as of now...

In religare, RSI (1min) levels comes only after 14min from 9:55...
so i can't say anything abt diverg as of now...

good to see u interested....

 

[Sunil]

possible rth shoulder in formation, INV H&S

 

[myvineet]

honestly not...
SOH as of now...

In religare, RSI (1min) levels comes only after 14min from 9:55...
so i can't say anything abt diverg as of now...

good to see u interested....

I think tinchu asking about div in 60 min in your other thread....

vineet

 

[metushar]

Awesome drop whats the news?