Nifty Futures Trading

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uasish

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Re: Time to Stick my Neck Out ,Nifty 7300

The possibility of a Bottoming out on EoD chart ,this notion of mine is getting disturbed,only hope is 4456.00 is protected.
 
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uasish

Guest
Re: Time to Stick my Neck Out ,Nifty 7300

As such the Candel Pattern after close is going to be a 'Bearish Harami' if cant close above yesterday's High (which seems farfetched still now).
 

Sunil

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

News: US foreclosure filings surge 48 percent in May
European markets down nearly 1%
Atleast dont carry forward long positions
 

Sunil

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

Now Dow Futures are -21
Still 4500 SPOT is being held strongly.....
????
Bears' weekness or Bulls' strength
 
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uasish

Guest
Re: Time to Stick my Neck Out ,Nifty 7300

In a 10 min chart what i understand:=

The 12's Bar High to 12.10's Bar Low has Set a approx Range ;between 4505 & 4456.00.
After that it was hovering in that Range.

The Gains of 12th was not completely thrown away.Yesterday's Low of 12 Noon Bar to
the High of 3.10's Bar ,this was the Gain;today most of the time it was above 38.2 %
retracement & got support at 50 % retracement.

At Higher Level there was always Supply & Covering at Lower Levels.

Hence Mkt has set a Range ,let us observe Monday's movement.
 
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