Nifty Futures Trading

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Re: Time to Stick my Neck Out ,Nifty 7300

Raising flag is bullish ? I think its Bearish

Naresh
Yes it's a rising flag which is very bearish most of the time. However, a breakout above such a negative formation will show that momentum is very high and hence may give a parabolic rally. In case of a positive breakout, the upper boundary will be our stop. In case price comes inside the upper channel line after breaking out, most probably it'll form a Bearish Wolfe Wave.

Regards,
--Ashish
 
Q

qa_y2k

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Re: Time to Stick my Neck Out ,Nifty 7300

All longs be care full

Wolfs might be on the prowl
ahhhhhhhhhh,i promise u ppl doing a great job by interacting.this is a traders paradise and definitely its not about the money,such a wonderfull learning curve...
cheers
 

Ajax

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

NF 2min

NF has to stay above upper trend line .

Otherwise target ~4780

Raised SL to 4825
 
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