Nifty Futures Trading

[kalwarik]

nifty future 3020

 

[MurAtt]

Seems like an up day today - lots of candles on the 5min spot having Looooong lower wicks ...

Even EOD RSI must have cooled off from Overbot with y'days downmove (actually not getting time to track the last 2 days - year end work pressure), lets wait n watch, my feeling that we will be continuing the rally upwards, this was just a small cooling off ....

 

[GokaSingh]

Is this a proper support /resistance channel ?

 

[praveen taneja]

Seems like an up day today - lots of candles on the 5min spot having Looooong lower wicks ...

Even EOD RSI must have cooled off from Overbot with y'days downmove (actually not getting time to track the last 2 days - year end work pressure), lets wait n watch, my feeling that we will be continuing the rally upwards, this was just a small cooling off ....

Year end factor will end today now only Election and G-20 remians:clap: hope to get a good chance to short around 3190 -3200

 

[pkamalesh]

TL joining Highs in 5 min Spot Broken now...

Nifty Spot

 

[MurAtt]

Is this a proper support /resistance channel ?

Yes, ok.

BTW what do you use to draw the TLs on the Yahoo chart grab?

 

[pkamalesh]

Yes, ok.

BTW what do you use to draw the TLs on the Yahoo chart grab?

i dont think we can draw in yahoo na?? possible in paint..i guess

 

[MurAtt]

Na, what I meant was how did u draw the TL?

Did u open the file in Paint and draw the TL?
If not (most probably as Paint cannot save in GIF format in which u have posted) then how did u draw the TL on the Yahoo chart which u posted?

 

[MurAtt]

Pennant / Flag formation on 5 min spot. If it breaks upsise, 20 points upmove.

 

[rajuwaste]

Pennant / Flag formation on 5 min spot. If it breaks upsise, 20 points upmove.

Can u post image.