Nifty Futures Trading

[alobnok]

Best of luck for your exam.

Vikas

 

[Sunil]

IB in 60
+
5min BB ready
+
1min asc triangle attempt

 

[pra]

but higher time frame intraday chart still not clear negative divergence .

 

[Sunil]

5min BB...........O M G
this thing's gonna BLOW UP

 

[Sunil]

5min BB...........O M G
this thing's gonna BLOW UP

nope
not enough
though the LOC (20SMA) is now acting as resistance...

 

[Sunil]

Mkt is closing with 5min BB in perfect textbook condition...

Hoping to see it open in this 4570-30 band, so that the squeeze is tradeable...
(if wishes were horses)

That was from yesterday's closing...
The squeeze was too good, but happen too fast & reached its target of 4650 within 10am.

The rest of the day has come up in form of a bigger rectangle worth around 50 pts (4690-4640)...

Hope this rectangle is tradeable tomorrow...

 

[MurAtt]

And not to forget the DblTop on the Spot.

As long as 4680 not getting crossed on Spot the Sword will always be dangling overhead ...

 

[Sunil]

IB in 60
+
5min BB ready
+
1min asc triangle attempt

That was from yesterday's closing...
The squeeze was too good, but happen too fast & reached its target of 4650 within 10am.

The rest of the day has come up in form of a bigger rectangle worth around 50 pts (4690-4640)...

Hope this rectangle is tradeable tomorrow...

Strictly looking only at the way IB 60 & 5min BB broke yesterday, I sense a gap-filling exercise during initial trading.
Will have more confidence if there are more openng TSQs than TBQs...

Spot 4640 (rectangle low) is the RSR, as it was the prev. high.
Incidentally, SGX low as of now is 4630.

 

[metushar]

where do u see SGX nifty live..

 

[Sunil]

where do u see SGX nifty live..

http://www.sgx.com/wps/portal/marke...es_statistics/derivatives/delayed_prices/infe