Nifty Futures Trading

[Sunil]

still waiting curiously for sunil bro reply on Options Kahaan chhup gaye kathor??????

ooops or what???
thakor becomes kathor


Anyway, so sorry Arnav & Praveenji; couldn't reply on time.


Continuing our Options discussions here as good analysis has been put forth by Arnav already.

 

[Sunil]

Thank you Traderji for the edit button - even though it's only for 60min for the particular post, it's more than enough...

 

[Traderji]

Thank you Traderji for the edit button - even though it's only for 60min for the particular post, it's more than enough...

Well actually it is for one whole day now.

 

[Sunil]

superb....

bullish divergence in higher TF lasts longer & meatier....
(discount reduced in Fut)

in the process, lower TFs are ignored (their turn on Monday)

nope:
They are over-bought...(1min/5min)...

chance of opening pullback on Monday, if not now in next 7mins....

Seems that the expected gap down at open is likely on cards...
Key level for resumption of bearishness is 5-Mar's low of Spot 2565-60 zone.

A gap down of atleast 45-50 points sets the trading range till EU opening at around 2540 - 2630.
I am taking 50% of this band (comes to 2585 - also confirmed in charts as a good pivot low) for initial make-or-break level.

 

[Sunil]

Spot 2585 still alive & kicking
:-(

 

[new2sm]

h &s in 1 min.

 

[Sunil]

Spot 2560 has become the neckline of H&S in 5min charts since Friday...!!!

 

[new2sm]

2529 is last low. we need to break this for next level else we cud have dbl bottom.

Edit: Hangsang down -4.8%. Holy crap whats going on.

 

[Sunil]

2529 is last low. we need to break this for next level else we cud have dbl bottom.

Edit: Hangsang down -4.8%. Holy crap whats going on.

yup...
else Inside Day today...

BTW, the target of that H&S or Descending triangle with neckline Spot 2560 is a cool 2500...

pattern negated obviously on break of high of prev. shoulder - spot 2570 as of now

 

[new2sm]

Hypothetical and not possible as per me but assuming we dont break 2529 today in fut AND stay @currently lows then we have bearish Harami in daily charts ;-)

Edit: hmmm someone read this while I posted and save 2529 from hitting. neways, we have bearish harami in daily so probably on thrusday we see its effect.