Nifty Futures Trading

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aca_trader

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#2,983
Re: Time to Stick my Neck Out ,Nifty 7300

aca_trader said:
I do have historical Intraday Data. Posting here helps the mind in remembering a few levels though I have a very short-term memory. Rejig the chart whenever a level starts looking familiar.
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A momentary blip was visible on Tick & 1 Min Chart at this level. Now looking stronger. Still following with trailing SL at the low of every 5-min Bar.
 
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aca_trader

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#2,985
#2,985
Re: Time to Stick my Neck Out ,Nifty 7300

nagendra_gb said:
crossed 4820, wht may be next level to watch shall we stay l;ong
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The level was crossed with a GAP on spot which made a reversal bar. NIFTY is oversold now on 5-min and both ICICI & Reliance (25% weightage put together) are near to resistence on Cash Chart. Some very good buying will only push NIFTY further. Youcan keep your trailing SL below the low of BO bar.
 
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aca_trader

Active Member
#2,987
#2,987
Re: Time to Stick my Neck Out ,Nifty 7300

aca_trader said:
The level was crossed with a GAP on spot which made a reversal bar. NIFTY is oversold now on 5-min and both ICICI & Reliance (25% weightage put together) are near to resistence on Cash Chart. Some very good buying will only push NIFTY further. Youcan keep your trailing SL below the low of BO bar.
Click to expand...
Out at 4829.
 
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