Nifty Futures Trading

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

4060 FUT seems to be the equilibrium level with 4075 (+15) and 4045 (-15) BO pts...

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

but breaking SPOT 4115 would be the real push upwards....

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

if reliance would not have been a drag today (news based), nifty would have been cruising up by now till 4150..

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

scalping trades....

long above 4060 (FUT) 4100 (SPOT)
short below 4045 (FUT) 4090 (SPOT)

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

any body there......

y no posts today...

asish, sunil... where are u

Holding Short from 4063.00,becoz in 1 min chart from 10.45 onwards started showing LH LL & 11.04 to 11.11 showed some type of Double bottom again as 11.40's bar range was very small with 11.41's bar being black candel hence shorted.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Stop placed @ 4070.05

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

today's R1 4065 (SPOT) is providing support now...
if this breaks, then I feel that spot may touch 4020 (to fill the open gap up)

as of now, seeing global conditions, bulls still have chance above 4090 SPOT...

note one thing, SHORT TERM UPTREND IS CONFIRMED ON CLOSING ABOVE 4110 SPOT

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

SPOT Supports on downside...
4065-4050-4035-4020

 

[rajaram.dilipkumar]

Re: Time to Stick my Neck Out ,Nifty 7300

shorted at 4038 covered at 4020... now will go short again below 4010 for 3995 ...longs only above 4075 as ll-lh still in play...

 

[rajaram.dilipkumar]

Re: Time to Stick my Neck Out ,Nifty 7300

for spot close above 4115 is critical as 4200 will the next tgt ...