Nifty Futures Trading

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darsh_goswami

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#3,291
#3,291
Re: Time to Stick my Neck Out ,Nifty 7300

its symmetrical triangle break out @ new2sm ,.. height is 11 rs ,.. so we can expect 4710-4712 in a quick move ,..
regards,..
darsh
 
Saint

Saint

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#3,297
#3,297
Re: Time to Stick my Neck Out ,Nifty 7300

hope you all caught that b/out ...


Saint
 
Saint

Saint

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#3,298
Re: Time to Stick my Neck Out ,Nifty 7300

Had got in at 4694 and added at 4705.......

Saint
 
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qa_y2k

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#3,299
#3,299
Re: Time to Stick my Neck Out ,Nifty 7300

was caught on the wrong side,managed to short some at highs 4727, and covered at 4706....still down substantially,flag flagged me.....:)
cheers
Saint said:
Had got in at 4694 and added at 4705.......

Saint
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aca_trader

Active Member
#3,300
#3,300
Re: Time to Stick my Neck Out ,Nifty 7300

qa_y2k said:
was caught on the wrong side,managed to short some at highs 4727, and covered at 4706....still down substantially,flag flagged me.....:)
cheers
Click to expand...
A flag should ideally be completed within 21 bars. That is why I treated it as a triangle and the false breakout was quite expected for the breakout took place out of the Apex of the triangle.

Regards,
--Ashish
 
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