Nifty Futures Trading

[praveen taneja]

Thank you ...
I have to do it like this till I get the button to Thank you.

Bro always try to book profit on friday in options as even if nifty open at same level put will open 10% down due to time decay of two days
sorry picked wrong msg in quote but still person is same
now stop loss on options it never work as if bifty open gap up u will see huge gap down in put best of luck

 

[MurAtt]

Aaj Hero/Zero ka game kisine khela kya? Results?

Sunil Sir 2 din se nahi dikh rahe hai? Kahaa hain aap sirjee?

 

[praveen taneja]

Aaj Hero/Zero ka game kisine khela kya? Results?

Sunil Sir 2 din se nahi dikh rahe hai? Kahaa hain aap sirjee?

Bhai mere zero/hero game happen only 3day before expiry:clap:
yaday took 3000 put at 3100 book today now waiting for some more upmove n will take at 3190-3200 stop loss congress clear majority:rofl::rofl:

 

[GokaSingh]

With this pattern, it looks fearful in both direction. If it doesnt fall/achieve upper target in next few days and continue like this upper target is going higher with great risk of fall

This one indicates the resistance channel breakout what could be the next resistance now (3143 or 3275) ?

Please suggest ....

What is difference between Linear and Log scale in trend lines and which one to use ?

 

[ashes]

Please suggest ....

What is difference between Linear and Log scale in trend lines and which one to use ?

Always use log scale charts for trendline

 

[djsinha]

Hi GokaSingh
The resistance levels on the chart has been properly identified by the red lines. Actually if you draw horizontal lines corresponding to the previous pivot highs, those lines can serve as resistance levels, i.e. in this case both 3143 and 3275.

In Semi-Log scale the vertical axis is log scale and the horizontal axis is liner scale. It's better to use Semi-Log scale, you will find lots of points falling on a straight line. This happens because, prices always increases geometrically, not arithmetically. The increase today, for example, will be proportionate to yesterday's price. That is for say a Rs 1000 share, 5% increase will mean an increase of Rs 50, whereas for a Rs 100 share, a 5% increase will mean increase of only Rs 5. So increases in price always happen geometrically.
Hence better to use Semi-Log scale. It'll help you in drawing trend lines.

HTH
Regards
djsinha

With this pattern, it looks fearful in both direction. If it doesnt fall/achieve upper target in next few days and continue like this upper target is going higher with great risk of fall

This one indicates the resistance channel breakout what could be the next resistance now (3143 or 3275) ?

Please suggest ....

What is difference between Linear and Log scale in trend lines and which one to use ?

 

[GokaSingh]

DJSinha,

Thank you! Explanation is well understood.

 

[MurAtt]

this month nifty target?

Is this not too early to ask this question? If you'd asked Monday's tgt., at least someone would have been able to help.

Wait for the elections bro but before that the Annual Results starting from the 11th April I suppose, those will set the cues for the trend ...

Murtaza

 

[GokaSingh]

Hourly Nifty spot ... Is support/resistance channel correct. As SGX NIFTY is around -66 , what could be the immidiate resistance ?

Will bear be back below 2925 ?

Pls. suggest ...

 

[ashes]

sunil sir where are you , missing your bullish divergence's post very much