Nifty Futures Trading

[MurAtt]

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.

BUT it will now be called a BULLISH ENGULFING -- right?
Means now we should be looking up rather than Down?


Would 2 pts change the total behaviour of the market in this manner!!!

 

[rinku4142]

today nifty faced registance at every 38.2 retracement

 

[rinku4142]

second resistance

 

[rinku4142]

third resistance

 

[rinku4142]

on 5min chart nifty has made decending tringle

 

[TrendPlayer]

NS EOD with RSI (14)

 

[darshanshukla]

Dear friends..

Sorry for posting same chart again friends but some more thing to express..

two things are there

1) nifty given channel breakout downside and target achived two time (100%)
2) in last two hours triangle formation is there and waiting for breakout is awaited.... lets see which side?????
3) There was Positiv divergence at 1 to 2pm and followed by positive divergence in 2.30 to 3pm so upside breakout can be expected to catch the bulls (small intraday traders) in trap... for a while

seniors and friends your suggestion are welcome...
Dr. Darshan Shukla

 

[ssrik]

HEllo all,
i am a newplayer in nifty futures. Justg have few questions . would be grateful if any of you clarifies.
- I bought i lot of nifty future at 4644 yestersday. could not come out on the day. how much amount will be blokced because of that from my base capital
- If i want to put a sell order on monday , should i have extra 40,000 base capital again to do that
- How do i trade with options on nifty ? becaue i see options with strike price of 4300 and 4400 which does not make sense to me

thanks in anticiapation.
rgds
Srikanth

 

[MurAtt]

Explanation Required

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.

BUT it will now be called a BULLISH ENGULFING -- right?
Means now we should be looking up rather than Down?


Would 2 pts change the total behaviour of the market in this manner!!!

Sunil Sir / Anyone - a small explanation required.

 

[terminator_123]

Re: Explanation Required

Sunil Sir / Anyone - a small explanation required.

According to the definition, a Doji doesn't specify direction nor bias. It only specifies that there is indirection. So it can act as either a continuation signal or reversal signal. It needs to be used in accordance with other patterns/ support resistances that exist. For example, we have a rising wedge in spot daily with doji in weekly which indicates bearish conditions (since rising wedge is nearly always bearish). You can use it with fib too. If you are expecting a some thing around some level, a doji might be a good time entering long/short (based on the next candle).