Nifty Futures Trading

[metushar]

price crossed 50 day moving average on the downside.......

 

[MurAtt]

Descending Triangle in Nifty 5 day chart. If it breaks these levels pretty convincingly then we may see 3200 soon (April series itself).

 

[pkamalesh]

Looks like a Wolfe on 5 min spot??? Tragetting 3360...Not confirmed though.

Though it wasnt a confirmed Wolfe, we did 3360...Now the descending channel/Triangle in 5 min seems to be taking support around the 3360-65 mark..and break down of the same level will act as resistance for the days to come...

 

[pkamalesh]

Just a UPdate that i missed out...Now I think the Lower Line will resist nifty from moving up..

 

[metushar]

double top formation has happened in higher time frame charts should be going to 3200 as the double top has been successfully started on the breach of yesterday's low........

 

[sandeep.kala]

what is next support for nifty ?

 

[metushar]

what is next support for nifty ?

3326 and 3310 are the nifty future april series level will act as mild support i guess...

 

[metushar]

what a pullback from the lows

 

[MurAtt]

3326 and 3310 are the nifty future april series level will act as mild support i guess...

3326 hit today. Bounced from there.

 

[sandeep.kala]

3326 hit today. Bounced from there.

i was not able to ook the profit there

what is the next res and support