Nifty Futures Trading

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

any technical guidance on today's intraday W chart/double bottom???

Yes you are right,after the 'Bullish Harami' Hrly candel we had a next White candel the Low of that & the earlier one at almost same Price Level.Hence your analogy of Double Bottom is getting supported.More over the Last candel closed with no Upper Shadow.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Now as usual the earlier Day's Close is acting as Reaction zone.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Stop Profit Hit.

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

ashish is the top blue & red bar combination bearish harami/bearish engulfing?

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Let's see if the previous resistance level of 4280 (spot) and 4275 (Fut) will provide any support now???

But, I am wary of it...
2pm is nearing... RBI statement...

 

[renu daga]

Re: Time to Stick my Neck Out ,Nifty 7300

rbi satement will be neg ,, not good for our mkts( we know),,,all to conrol inflation!!!!

renu

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

new2sm, now i understand why they call it a "dead cat" bounce...
reminds me of your billi

 

[sanx]

Re: Time to Stick my Neck Out ,Nifty 7300

Some one update what happened of RBI news ?

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

rbi satement will be neg ,, not good for our mkts( we know),,,all to conrol inflation!!!!

renu

50 bps in repo ALONG WITH a hike in CRR is very negative...

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

ashish is the top blue & red bar combination bearish harami/bearish engulfing?

Which top Blue & Red Bar ?