Nifty Futures Trading

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Sunil

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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
Gap filled.... spot at 4020....

now today's pivot is 3980 & R1 is 4065...
4020 is exactly in between...

should test PIVOT 3980 after 4000 spot
 

Sunil

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

Asish/Saint sir's teaching came handy here:

whenever after a good gap up, LOW of Day is broken, go short....
FUT low of day was around 4995 (before this vertical fall to 4060)...

Merci tres beaucoup...
 
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