Nifty Futures Trading

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Sunil

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Gaya Monday for sake of Friday
:lol:
no problem; now we have OUTSIDE Day (Bar) for Monday...

Heights!!!
An OB after an IB :argue:

And possibly, the first RED bar in weekly chart since first week of March, if NF closes below 4590 today (for NS, it is 4582)

ALSO, WE HAVE AN OUTSIDE BAR IN WEEKLY CHART TOO
Today's closing, aforesaid, will confirm if it is a BULLISH or BEARISH ENGULFING Bar
 

Sunil

Well-Known Member
Keeping aside Inside day, we have two possibilities with yesterday's High & low:

1. Bearish Double Top (NS 4675) which comes into effect on break of NS 4585
2. Potential Inv H&S with neck at NS 4675 (right shoulder in formation, and may be completed with apparent gap up opening) - Negation below NS 4615.

In both cases, we are looking at around 90 pts (!!! - boy oh boy) on break of either side.
Case 2 triggered today; ie the neck of the Inv H&S broke, but the breakout is apparently a failure.
Sticking my neck out in front of bulls & stating that this means a target of 4585-160/180pts = around 4425/4405

I have taken suitable bearish position using options...

(personal view, which may be proved wrong by market)
 
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Sunil

Well-Known Member
no problem; now we have OUTSIDE Day (Bar) for Monday...

Heights!!!
An OB after an IB :argue:

And possibly, the first RED bar in weekly chart since first week of March, if NF closes below 4590 today (for NS, it is 4582)

ALSO, WE HAVE AN OUTSIDE BAR IN WEEKLY CHART TOO
Today's closing, aforesaid, will confirm if it is a BULLISH or BEARISH ENGULFING Bar
soooooo cloooooooooooose
3-5pts below the required :gunsmilie:

A bearish engulfing doji in weekly
 

MurAtt

Well-Known Member
Wah Sunil sir, main bhi Doji ka likhne wala tha and saw ur post --

Weekly "Asli" Doji :D and Bearish Enguling too -- now Monday to gaya lag raha hai.

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Also I would like to know whether it is possible to download a whole thread so that we can read it offline and refer up/down etc at leisure. You've been with TJ long to know this I suppose. Wrote to TJ but no reply till yet. Some threads I need to go through completely - 1 THIS THREAD right from the start. 2. Your Swing thread to understand NR concept 3 Saint's 5 min flow, 4. Teach a Man ... etc.

Thanks
 

Sunil

Well-Known Member
tringgggggggggggggg
nope - the final settlement close of NS & NF are both above 4582 & 4590 respectively
just by 1-2pts...

So, it's not a RED coloured bar, but yes, an engulfing Doji remains.
 

metushar

Well-Known Member
soooooo cloooooooooooose
3-5pts below the required :gunsmilie:

A bearish engulfing doji in weekly
Sunil my charts doesnt include today's data in daily or weekly, it will happen by tomm. only.....................
Which time frame you saw for the inv H&S and the other case of double top ?
 

Sunil

Well-Known Member
Also I would like to know whether it is possible to download a whole thread so that we can read it offline and refer up/down etc at leisure. You've been with TJ long to know this I suppose. Wrote to TJ but no reply till yet. Some threads I need to go through completely - 1 THIS THREAD right from the start. 2. Your Swing thread to understand NR concept 3 Saint's 5 min flow, 4. Teach a Man ... etc.

Thanks
Well, some important conceptual/method threads (esp. of Saint Sir) have already been compiled in a DOC or PDF file by some TJ members. They have also been uploaded in respective threads.

For others, I don't know how to download a whole thread, but I know a turnaround - on top of every thread, there is "THREAD TOOLS" just below the page numbers.
Under that, there is one option of "SHOW PRINTABLE VERSION". After clicking on it, in the resulting page, click on "Show 40 post(s) from this thread on one page".
Then, you will have to simply copy & paste the entire matter to a text file.

It would be devoid of these kiddy smilies, but at the same time, there won't be any charts too.
Only the charts weblink will be displayed. You will have to click on the link and copy/paste the pic to your compilation text file.
 
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