Nifty Futures Trading

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uasish

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Re: Time to Stick my Neck Out ,Nifty 7300

thnks asish da,,,
just loked into now,, because of power failure yesterday

one more thing to clear... 50% of what?

open / low/ high,,, all three,, or!!
according to i took high / open,, so 98 wsa teh point
renu
Range = High - Low.
Here when the Bar closes below 50% of it's (High - Low) .
 

Sunil

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

It would be better to lighten positions by 11:30...
Inflation data comes around 11:45-12:00

Everyone is expecting a 9.5%+ figure, and it has been factored in the prices.

So, it would be better to book part profits in shorts and stay aside... WHIPSAWS also happen when the figure comes... so dont jump on trades when u see spikes on charts...

I feel only 10.1 or 10.2 % will cause a big blow.... uptil 9.95% factored in
 

Sunil

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

If now SPOT finds supports at 4470 and again moves up, it will complete an inverse H&S pattern with neck at 4488 spot
 
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uasish

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

In Earlier failure attempt it came down to 4455.10 & in this attempt came down to 4457.05 till now.
 
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