Nifty Futures Trading

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Watch TBQ/TSQ numbers, they don't yet indicate that market is overjoyed. Should you really consider a WRB around a major news announcement, unless there is a follow through?

-- Milind
Looking at the 5min,.....probably a WRB.But any trade off a WRB is first allowing it to form,and buying over its high.

Saint
 
Battle of the Time Frames...

5min:Nice high volume WRB and then a pullback in progress.....Probably newer highs over the WRB?....Bullish?

15min:Bear flag in progress?.....Bearish?

Which will prevail?Well,one will for sure........make sure whatever you are holding,be ready to add or reverse......

Saint
 
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