Nifty Futures Trading

[Satyen]

Re: Time to Stick my Neck Out ,Nifty 7300

Hi
Saint and asish , we have hourly uptrend and 5 min down trend which may be pull back of hourly chart ... according to saints pivot method our bias should be towards buy ? if so wil buy once 5 min trend changes its direction in line with hourly trend .... if 4860 pivot (on SPOT) broken in 5 min then 5 min also change direction and goes into uptrend with houlry and giving us a buy set up ....

Waiting comments

 

[renu daga]

Re: Time to Stick my Neck Out ,Nifty 7300

ajax was rgt...
it should cross now 75.to be in buy...its stil in down trend
in 5 min
renu

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Hi
Saint and asish , we have hourly uptrend and 5 min down trend which may be pull back of hourly chart ... according to saints pivot method our bias should be towards buy ? if so wil buy once 5 min trend changes its direction in line with hourly trend .... if 4860 pivot (on SPOT) broken in 5 min then 5 min also change direction and goes into uptrend with houlry and giving us a buy set up ....

Waiting comments

In Spot, Pivot is ~ 4863, yes an invalidation of downtrend on 5 -min when 60-min is up is a buying opportunity for intraday trade.

As a corrolary, if 4800 is broken on NIFTY SPOT Hourly chart, it'll mean hourly uptrend is over when daily is in downtrend.

 

[Satyen]

Re: Time to Stick my Neck Out ,Nifty 7300

Looking to go long over a previous pivot high on the 5min,if and when that happens.....

Saint

Oops did not read that

Satya

 

[Czar]

Re: Time to Stick my Neck Out ,Nifty 7300

short nf stop & doubling 4875

 

[Satyen]

Re: Time to Stick my Neck Out ,Nifty 7300

In Spot, Pivot is ~ 4863, yes an invalidation of downtrend on 5 -min when 60-min is up is a buying opportunity for intraday trade.

As a corrolary, if 4800 is broken on NIFTY SPOT Hourly chart, it'll mean hourly uptrend is over when daily is in downtrend.

Thank you very much asish

Again if one trades hourly chart then will short below 4800 having stops at hourly pivot

Thanks again

Regards
Satya

 

[Ajax]

Re: Time to Stick my Neck Out ,Nifty 7300

hmmm......we on the same page.

Saint

I got stopped out.
Ashish will laugh all the way to his bank
Dont know about u

NF broke days pivot point

Ajax

 

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

I got stopped out.
Ashish will laugh all the way to his bank
Dont know about u

NF broke days pivot point

Ajax

Me still holding with 4850 as stoploss, do u feel markets will go down further

 

[Czar]

Re: Time to Stick my Neck Out ,Nifty 7300

covered 4848

 

[Ajax]

Re: Time to Stick my Neck Out ,Nifty 7300

ajax was rgt...
it should cross now 75.to be in buy...its stil in down trend
in 5 min
renu

Hi renu

I got stopped out.

There is a slow drift down in NF 5min.

Broke days pivot

Ajax