Nifty Futures Trading

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uasish

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Dev,

I covered becoz apart from chart the normalized price came down to 3878.00 ,also found the Probability of Short trades ,at that moment, was going against me.
Hope this clarifies.

Asish
 

milkyblack

Well-Known Member
As not trading now... Just posting a news... I mean not a news but information... Today I came to know from the newspaper that the inflation data will be provided from now on Thursdays at 5pm to avoid LEAKAGE :)
I am sure many must know here already then also just posted :)

Regards
 
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uasish

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See in 1 min chart 11.28 , 11.29 , 11.32 , 11.33 all has High in between 3896.00 to 3897.00,hence Shorted @ 3890.00 with 3897.00 Stop.
 

Sunil

Well-Known Member
actually at 11:00, intraday RSI had gone to 10 (highly oversold).... covered my shorts there, and stated scalping longs...

now it has reached midway to around 50, with BO needed at spot levels around 3890 - 3915 on either side.

european mkts are already factored in to open in green, much like asian mkts... so no surprise element unless they open flat-to-red
 
As not trading now... Just posting a news... I mean not a news but information... Today I came to know from the newspaper that the inflation data will be provided from now on Thursdays at 5pm to avoid LEAKAGE :)
I am sure many must know here already then also just posted :)

Regards
From a chart angle,prefer it.....rather than unecessary volatility on Friday after news,no moves before that.

Now,we may have to face a gap down or up on Friday....that's it.That's easy to trade......

Saint
 
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