Nifty Futures Trading

[MurAtt]

Is this becoming more like a flag or pennant formation - intraday?
If it is then we should be moving up i.e. since both these are continuation patterns
BUT
RSI is above 80 and Stoch is also looking to cross over above 80, means a small down move maybe ...

What say everyone?

 

[jnj333]

SCO going through the roof at 98, from 1st Jan 09 sco has closed only once above 95. Positional paper trade taken of nifty apr 2800 put at 100 , SL - 80, target expected 120 in 2-3 days. Trade for the learning the process of portfolio management only.

 

[rajuwaste]

As expected close above 2797 level in daily basis helped today's nifty rally,Today nifty spot will face resistance around 2875.

 

[rajuwaste]

Target of this rally 3050 ?????

 

[pkamalesh]

Target of this rally 3050 ?????

For now a good TL through 3 lows in 1 min...Can short around 2770 in NF on break of previous pivot low(5 min)...Yes raju bhai..looks like bulls are in a good mood..3050-3100 :thumb:

 

[tinchu76]

Sunil ur Avatar can fall under copyright act 1957

 

[MurAtt]

Our Giraffe has never been so hungry since the last 6 months ...

And after a full stomach what does one do ... Guess

Drink Water --- Will he or won't he?

 

[milind]

Ascending triangle on 1m as it approaches 2900 - Wonder if there is enough muscle to will it punch through 2900? RIL is also approaching round number 1400

 

[Sunil]

Jiyo mere "laal"...

red+green kiss was good on such a day too....

http://nsetracker.blogspot.com/

 

[rajuwaste]

nifty spot next stumbling block 2925-30 region