Nifty Futures Trading

[Sunil]

Saint,

After Mkt Hrs,why dont you post the WRB & the change of gradient part for all of us to Learn from it.

Asish

tonite or tomorrow, anytime....

PLEASE...

 

[mitasatyajit]

Most probable low of next week at 4058-4060, will square all position if less than that. So drainage of money may also happen.

 

[deb99891]

Most probable low of next week at 4058-4060, will square all position if less than that. So drainage of money may also happen.

best of luck satyajit da
that was a casual part
lot to learn from u ....
p.s - ok deleted the post
regards

 

[mitasatyajit]

Most probable low of next week at 4058-4060, will square all position if less than that. So drainage of money may also happen.

Sorry, correcting ........ probable low should be 4053 - 4055. So trailing stop should be 4050.

Regards.

Satyajit

 

[milkyblack]

Sure.......only problem:It will get buried over here in a few minutes......

Saint

Plz post it on your thread as Asish Da also mentioned

Regards

 

[rajaram.dilipkumar]

Re: Time to Stick my Neck Out ,Nifty 7300

so bank nifty bounced and covering up shorts helped ... now for the coming week iam expecting a good buying point above 5020 futures (for spot its 5070) and from here there is a good 190 point move on the cards but the oi has to show a vol of around 15000 contracts on the 5 min for such a move as most of the trading reversals in the recent past have happened after such oi vol ...the R1 in spot is 5264 and from there 5344 spot ,the gap resistance,could act as a barrier..The plan b would be to go short only below 4633 spot for 4180-3382.
as far as nifty is concerned , there is HH-HL in 5 min but the hourly will form a HH-HL only after 4106 Spot is crossed ... in the mean time , trading more long than short till 5 min forms a LL-LH

so once again bank nifty gave more than what we wanted but for coming week we dont have a lh-ll in hourly or 5 min but we do in weekly infact bank nifty just pulled back from the 25 % retracement area in weekly and hence still looks bearish on lt charts...when there is a conflict between trends we usually go with the lt trend and hence we look to short this week but do we have a large move in store like the last 4 weeks probably yes but i would personally wait on the sidelines as the bank nifty is more a positional trade than a intra-day trade as the moves can easily take our s/ls out due to lesser liquidity unlike nifty and hence the plan b which i mentioned last week is what we will follow this week....

 

[Sunil]

wow, the title of the thread has been changed...

thanks, traderji

 

[uasish]

It changed at yesterday morning 9.50 am.

 

[citrus]

Sure.......only problem:It will get buried over here in a few minutes......

Saint

If any body have an idea, in which thread Saint has posted this information regarding gradient shift and WRB.

 

[uasish]

If any body have an idea, in which thread Saint has posted this information regarding gradient shift and WRB.

http://www.traderji.com/technical-analysis/6072-teach-man-fish-180.html#post194236