Nifty Futures Trading

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milind

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#7,481
#7,481
Re: Time to Stick my Neck Out ,Nifty 7300

After initial big gap down, it seems like neither of them - buyers and sellers, are in control. Even TBQ/TSQ levels are matched. Market is just ping-ponging in 30 point range. I wonder if any breakouts can be really trusted.

-- Milind
 
M

milind

Active Member
#7,483
#7,483
Re: Time to Stick my Neck Out ,Nifty 7300

milind said:
After initial big gap down, it seems like neither of them - buyers and sellers, are in control. Even TBQ/TSQ levels are matched. Market is just ping-ponging in 30 point range. I wonder if any breakouts can be really trusted.

-- Milind
Click to expand...
Well, perfect timing for the post - right? :(
 
Sunil

Sunil

Well-Known Member
#7,486
#7,486
Re: Time to Stick my Neck Out ,Nifty 7300

market rejoicing left's withdrawal...

nifty had closed the gap up yesterday...

will it close the gap down today (ie spot target - 4030)???????
 
Sunil

Sunil

Well-Known Member
#7,488
#7,488
Re: Time to Stick my Neck Out ,Nifty 7300

nagendra_gb said:
Sunil,

Is it better to exit shorts and enter longs
Click to expand...
Entry level is always important...

to go long at 3875 FUT, one had two chances...
first at BO (which I scalped, as i doubted)
second, when it again tested that level & started to move up..)...

once u know the mood, make sure that your entry level is also near a support so that your SL is less....

3875 FUT was morning resistance & now support
 
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