Nifty Futures Trading

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

If the pullback does not stop at 4150/55 levels (SPOT Low of yesterday), then it may attempt to close the gap down targetting 4190/4200...

look out

FUT has closed the gap by touching 4170...
SPOT has not yet...
let's see

 

[deb99891]

Re: Time to Stick my Neck Out ,Nifty 7300

58.25 shorted stop70
ut rule

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

definitely HH,HL till now

 

[deb99891]

Re: Time to Stick my Neck Out ,Nifty 7300

stopped out

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

minor resistance at 4165/70...SPOT

above 4170, SPOt will fill the gap...4190/4200

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

yessssss... gap filled by SPOT too....

Now, if real bulls are there, then PIVOT 4210/15 may be attempted

 

[tinchu76]

Re: Time to Stick my Neck Out ,Nifty 7300

above 4170, SPOt will fill the gap...4190/4200

what does it means by filling the gap?

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

nearly 100 pts off the day's low....
now is the real test for bulls...
bears, get ready to short if HH HL is violated....

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

levels to look on the way down for possible support (SPOT):

4169
4153
4127

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

violated it seems. atleast uptrend is in question. let see next 5 min.