Nifty Futures Trading

[GokaSingh]

Looks like another WW ... please check and confirm.

 

[milind]

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"!!!

Yes, I have the same trendline on my chart. RIL earnings are close by and could determine the direction. So far its holding up well.

-- Milind

EDIT: In BankNifty, trendline is broken and is on the way up

 

[server2712]

Bearish wolf wave formation on nifty

 

[dhinakar113]

What happened to your 3200 Puts Mr.Murtaza, Have you exited?

 

[MurAtt]

What happened to your 3200 Puts Mr.Murtaza, Have you exited?

Sold off 2 lots y'day at around 38-ish. Still holding 2.
Shorted Nifty today at 3362 - 1 lot. SL 3380 on NF.

Sq off at 3379.

 

[GokaSingh]

Bearish wolf wave formation on nifty

Can you pls post the chart...

 

[MurAtt]

Thats a Gravestone Doji on a 5 min chart.
Confirmation required. Anyone ....

Sorry, wrong interpretation --- candle was incomplete.

Seems like I got snazzed by the refresh - refresh is every 1 min, so after 5 refreshed the candle gets completed and
I took interpretation in the 2nd and 3rd minute refreshes.

Looks that IT IS A GRAVESTONE DOJI ... I need confirmation ....

 

[MurAtt]

We are at POC levels again --

PK bhai ki Jai Ho ....

 

[pkamalesh]

We are at POC levels again --

PK bhai ki Jai Ho ....

haha..LOLzz

BTW Now the POC is 50 POints Below...3329 area..Will we go back??? :rofl:

 

[MurAtt]

haha..LOLzz

BTW Now the POC is 50 POints Below...3329 area..Will we go back??? :rofl:

Yes we will. 2 black candles after doji giving confirmation.
BTW I'm short 1 lot @ 3375. We shud cross 3365, below that 3355 then 3329.
And yes, I'm hedged with a 3400 call - just in case