Nifty Futures Trading

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Wait for the signal. Above 4686, a certain buy. 1-2-3 on 5 min when 60 min is in Uptrend. Though I am more inclined towards short but BB is suggesting that the move may not last longer.Hence, sitting idle, not shorting as well. If you want to short anyway, your SL will be the previous hour high.

Regards,
--Ashish

Will short if BB is touched on 5 min and a retracement takes place. Else no trade.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

u mean to say nifty will reach 4706?...in 30 min?

Think the 'Critical Price point' to be the Center of Gravity or the CG of Nifty Fut then going below that means chances of Falling further is more than going up.Suppose CG is below the present price ,hence chances of going up is more than a fall.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Target of the morning within reach after my exit.

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

Think the 'Critical Price point' to be the Center of Gravity or the CG of Nifty Fut then going below that means chances of Falling further is more than going up.Suppose CG is below the present price ,hence chances of going up is more than a fall.

thanks asish. future looks bleak but cues show otherwise. am still hopeful.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

guys just a quick question while we wait for B-Out/Down. Can I see the stuff like 1/5/60 min. charts in PIB. I am asking since I have applied for IB a/c after my woes with ID. any more input on how to use PIB effectively, pointers, etc

You can see the charts in different mins. format, PIB is a trading platform with a charting facility,thats all.

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

hmm but I think I can connect PIB to amibroker and get what you gurus are seeing....will have to dig about it. damn amibroker cannot support intraday and daily/weekly etc in the same database.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

thanks asish. future looks bleak but cues show otherwise. am still hopeful.

Well the Low of 14th's 30 min bar of 3.00 pm was 4644.00 & the High of 18th's 3.00 pm bar was 4635.00 ,which may give a little support for Longs.

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

out 1/2 at 4644

Saint

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

moving stops to 4658(breakeven)

Saint

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

out back half short at 4645

Saint