Nifty Futures Trading

[Sunil]

double bottom's target done

 

[rajuwaste]

same as H&S or rectangle... the HEIGHT
peak minus bottom

4235-4190 = 45pts

Materpiece

:clap:

 

[rajuwaste]

Nifty trading around trendline if it sustains above trendlin then final target of today 4307.

 

[Sunil]

BB is indicating a blow-up above HOD
3mins left for confirmation - 5min chart

thank u BB once again
:thumb:

 

[rajuwaste]

What a turnaround 200 point rally within 24 hours .

 

[columbus]

BTW columbus, have u noted these dash-dot-dash lines & the second doted line....
They appear automatically by the charting software, and remain same irrespective of the intraday timeframe of the chart.

I am not sure since only few weeks with SK, but I guess dash-dot-dash line acts as the SL, and the dotted line as fresh entry on break.
What say?

Hi Sunil,

The dash-dash line (-----) pertains to previous closing.
The dash-dot line pertains to average of the day's value till then.
I do not find any problem there.

 

[MurAtt]

Sunil Sir and OTHERS.

Just a confirmation needed.

Day before y'day and y'day formed an I H n S with a 140 pts from NL to Head, Breakout confirmed on upmove from 4250 levels.

Thanks

 

[metushar]

Shouldn't the breakout be at the second shoulder's end for this to be valid ??

 

[MurAtt]

Yes - generally it is - but sometimes it just faces some sort of resistance and then moves up, like as it is favourite of Sunil Sir - a Good Bye Kisss to some level maybe.
That is why I asked for confirmation from seniors.

 

[metushar]

okie then lets wait for the answer...