Nifty Futures Trading

[TraderInTheZONE]

Can we H & S pattern in 1 minute chart of Nifty Spot????

 

[new2sm]

wOODIES SYSTEM GIVES nf PIVOT AS 2558
Pl comment

Funny coz Woodie system with me gives it as 2611.86 as pivot. neways I dont follow woodie.

 

[TraderInTheZONE]

Can we H & S pattern in 1 minute chart of Nifty Spot????

"H & S" Sell signal given.. Lets see where it goes !

 

[new2sm]

Good place to short sunil. 2578 is pivot for today that bulls have to cross. also there is a Bearish Harami in 5 min. Lucky you.

Classic Bearish Harami in force. sometimes, after BrH, you have a new High and then BrH comes in full force. Just what had happened. Now pray it sustains as we have been seeing since past few days of relentless shorting.

 

[KomaL2099]

Hi New2SM
Just wanna confirm your posts are with respect to Nifty Spot or Future.
I dont have charts today so just confirming

Thanks
KomaL

 

[Sunil]

Hey Im Here now Sunil .

I dont have any idea abt what all is IVs of an options.. honestly ive never even studied anything abt options.. i just take it as maths.. lol

So i think the question you wanted to ask me was.. whether you should go for

a)sell 2500 call and buy 2600 call OR
b)Buy 2600 Put and Sell 2500 Put.

Well if that was the question.. then the answer is.. theoretically both of them are the same. No volatility of anything would make either of the strategy better from the other one.

Thanks Arnav...

Actually, if considered from expiry pt. of view, then both are theoritically same....
I wanted to know which is better if strategy is only for about a week - wanted to have some Holi gift from Nifty... (in form of credit from that spread)


I feel Put spread would have been better

1. IB 60 with completely inside body and diff colour than preceding bar
2. BB 5min
3. IV

"extended weekend homework"

 

[Sunil]

wOODIES SYSTEM GIVES nf PIVOT AS 2558
Pl comment

Sir,
Mostly we follow Classical Pivots in this thread...

 

[new2sm]

Hi New2SM
Just wanna confirm your posts are with respect to Nifty Spot or Future.
I dont have charts today so just confirming

Thanks
KomaL

I always post with reference to FUT as I am trading that. Incase it is SPOT I will mention so.

 

[Sunil]

"H & S" Sell signal given.. Lets see where it goes !

right shoulder above left shoulder's high....

I took it as a rectangle with target around Spot 2667-65

 

[Sunil]

right shoulder above left shoulder's high....

I took it as a rectangle with target around Spot 2667-65

sorry - typo read as "Spot 2567-65"