Nifty Futures Trading

[sanx]

Re: Time to Stick my Neck Out ,Nifty 7300

Search for the posts by AJAX on wolfe-wave, he has lot of good material. As for the one I posted about, I think it was a real one and did achieve its target.

-- Milind

Thanks milind .

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

As promised on Saturday to show on Live chart a UpThurst set up & why it is the safest
place to short,probability of these trade to win is favourable.


The 1.15's bar in 1 min,look at the Vol of that bar more than avg,look at the close it is below 50 % range;
now what do we have ...........that the Upmove from 1.13's bar 2 good white candel then suddenly huge vol &
the candel failed to close above 50% range.
This is 1st Warning of upmove may fizzle out.
Then i was searching for an Upthurst Bar with LESS VOLUME & CLOSE ABOVE 50 %,it happened on 1.21's bar !!
So set up complete hence S H O R T .

Found one in Karthik's chart.

http://www.traderji.com/technical-analysis/21159-techviews-10.html#post186694

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Long from 4558.65

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Buy above 4585 (SPOT)

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Expecting Res @ 4577.40 & 4600.45 .

Putting Stop @ 4555.00

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Again rebounded from 4585 SPOT (yesterday's resistance during last two hours)

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Stop enhanced to Long's Entry @ 4558.65

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

long from 4570.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Got out 50 % @ 4571.00

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

double top on nifty?