Nifty Futures Trading

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Sunil

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Sunil

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so far so good - now waiting for 60min RSI to reach first target of earlier PH
(MAY coincide again with spot 2640-2660 zone)
first target of RSI nearly achieved...

now back to price movement for monday
(BTW, price movement ULTIMATELY confirms ANY indicator)

as can be seen from 60min chart, RSI bullish divergene had happened yesterday too on 5th March...
but after making new low below 2610, it did not cross 2610 on upside...
hence, divergence was not validated...

coming back to today's price action:
Made a lower low than yesterday's swing low of 2564 at 2540 (this was one of the expected support levels)
rest is indicated in chart itself....
 

arnav_rulz

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In one of my Posts in the Library thread also i posted somewhere that...

THERE IS NO DIFFERENCE BTW PUTS AND CALLS...!! Its All just in our Minds.
Puts are almost the same as CALLS !!

It is never that Puts have more premium in a bear market, and Calls have more premium in the Bull market..
will continue EOD....
wanted to show something

Waiting Eagerly. I would always like to know more regarding anything relating to options.. caz everything i know about them is just through y own thus high probability of making a mistake... Will love to see what you have to say//
Thanks a lot
 

arnav_rulz

Well-Known Member
**Edited..

Waiting Eagerly. I would always like to know more regarding anything relating to options.. caz everything i know about them(options) is just through my own knowledge thus high probability of making a mistake... Will love to see what you have to say//
Thanks a lot
 
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