Nifty Futures Trading

[pkamalesh]

Still some problem with TradeTiger quotes?
Sometime back when NF was at 3345 ,TT was showing 3358.
Now at 3344 ,TT is showing 3348.
Please confirm whether TT quotes are OK or not ???????????

Mine Working Fine bhai..

 

[MurAtt]

POC levels please - PK bhai

 

[pkamalesh]

POC levels please - PK bhai

Oops Sorry Bhai..Dint see ur POst..POc still At 3390 in my charts...Time for Upmove..

 

[MurAtt]

Nopes - wud not be confident on upmoves. Unless and until do not cross 3320 on NF, preferably 3330, then we are still going down.

By the time I'm finished with this post, we are already below 3300 on NF.

3250 here we come. I'm short from 3329 and also holding 3200PE @ 31.50 - 4 lots.


Sq off the short at 3307 since I'm going out for some time. Holding to the Puts for another 2 days. Tgt min 50/-, 60/- i will exit positively SL 20/-.

 

[MurAtt]

We have a downward sloping TL break on 5 min spot as well as in NF.
for NF if breaks 3305, then down else 3330 is next upside.

Also we should break 3325 (5 min spot) so as to make a Higher High else again we are doomed to the downside.

 

[GokaSingh]

Still not much sell off in heavy weights ...ONGC,BHARTIART,BHEL,RELIANCE,NTPC,POWERGRID,SBIN dropping 32 ponits togather .... Looks like another PingPong today ...

 

[knarendra]

Still not much sell off in heavy weights ...ONGC,BHARTIART,BHEL,RELIANCE,NTPC,POWERGRID,SBIN dropping 32 ponits togather .... Looks like another PingPong today ...

Hai,
Pl.explain how can you calculate 32 points drop in this heavyweights?
Im also very eager to know about this calculation. pl.expalin it.

 

[GokaSingh]

Hai,
Pl.explain how can you calculate 32 points drop in this heavyweights?
Im also very eager to know about this calculation. pl.expalin it.

http://www.traderji.com/futures/28035-macro-data-nifty-traders-2.html#post300183

 

[milind]

It seems to me that charts are forming lot more tails/wicks in last few days compared to before - anybody else noticed that? Usually, those on one side indicate facing resistance or support (depending on whether they are at the top or bottom). But here, they are on both top and bottom of the bars.

 

[MurAtt]

It seems to me that charts are forming lot more tails/wicks in last few days compared to before - anybody else noticed that? Usually, those on one side indicate facing resistance or support (depending on whether they are at the top or bottom). But here, they are on both top and bottom of the bars.

That means a tussle between the sellers and buyers is going on, so mkt rangebound or as GokaSingh prefers to say "another ping-pong day"!!!