Nifty Futures Trading

[GokaSingh]

Good link for realtime data

http://www.investbulls.com/jCharts/rt.php

 

[MurAtt]

Inv HnS in the making on 5 min Spot. By the time i'm writing, its already broke. 35 points for the taking. And now its failed!!!

3500 here we come ....

 

[metushar]

It failed yaar... But you are really swift in putting up charts.....keep them coming.......

 

[MurAtt]

It failed yaar...

Yes, I was looking forward to 3500.

So mkt not able to cross 3465 convincingly but not able to break 3420 too.
Lets see where this heads to ....

 

[metushar]

what i am hoping is its a consolidation thing and today or tomm.. it breaks away towards the 3700 mark....

 

[MurAtt]

It failed yaar... But you are really swift in putting up charts.....keep them coming.......

Coz I do not trade the trades which come up.
I'm just a spectator and learning in the process.

 

[MurAtt]

what i am hoping is its a consolidation thing and today or tomm.. it breaks away towards the 3700 mark....

Looks like it ...

Check the "Option Chain" and u'll see the PUTs have increased in OI very much. 3200 by 10%, 3300 by 13.75%, 3400 by a whopping 56% and 3500 by another whopping 57%. 3600 too has put on weight by 21%.

So as of now we can safely assume that we would be moving upwards with maybe a breather at these levels.

Lets see where we end up this expiry ... Heaven or Hell

 

[metushar]

My god what was that.....

 

[MurAtt]

Now this is HUGE ....

A Whopper of a candle and that tooo a RED one ....

Why? Any guesses? Anyone?

 

[MurAtt]

That's three in a row, 3 HUGE Black Candles wipiing out 2 days upmove in 15 minutes flat .....

Whooooossshhh ...