Nifty Futures Trading

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Nifty Fut ,as per EoD may have bottomed out.

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Asish, any views on the expiry week? I feel that, unlike usual times, this time it might be bearish and test the lows...
I have no technical reason for it. It's just that we are in an overall bearish downtrend and currently having a bear rally.

Any technical guidance, please.

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Actually, all global stock markets have become more like a crude oil-sensitive market. Oil's movements are guiding the stock markets. So, in such scenario, cannot form a short term view and just take every day as it come. No positional trade possible.

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Look to buy at 4625/30 SPOT level which is the Pivotal point for today

 

[deb99891]

Re: Time to Stick my Neck Out ,Nifty 7300

4613 is pivot future index

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Multiple tops at 4635 FUT

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Double top in FUT at 4647
and
nearly triple top in SPOT at 4666

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Booking part profits at 4645
and will add more above 4650 FUT

Global mkts looking good

 

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

I feel european markets will open lower and double digit inflation opn cards will this not lead to some profit booking ?

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Markets are looking choppy...

SOME MEETING IS GOING ON BETWEEN CONGRESS & LEFT REGARDING
1. THE NUCLEAR DEAL
2. FUEL PRICE HIKE