Nifty Futures Trading

[debdeeps]

long @4470.

Be careful with longs my dear friend. Your SL should be previous low 4446. If breaks exit and go short. Looks like NF made a LH at 4477

 

[Sunil]

if now, 4480 does not break, then it would confirm LL, LH formation...
though quite early as of now...
need LOD to break too to signal /confirm LH, LL

Asish da, if u r still there, please confirm the above post...

please

 

[milind]

During 10:20-10:40, when market fell, TBQ/TSQ had gone down as much as 350k/900k. Then it came back to 840k/840k when market stabilized a bit. Now around NF 4475, it went down to 600k/1000k predicting a fall. Those numbers do predict sometimes. But NOT ALWAYS.

-- Milind

 

[uasish]

We have a Pivotal High @ 4533.00 & a Pivotal Low @ 4465.65 ,in 5 mins chart.

 

[debdeeps]

if now, 4480 does not break, then it would confirm LL, LH formation...
though quite early as of now...
need LOD to break too to signal /confirm LH, LL

Ahh...didn't see your message. Looks like we are in sync.

 

[mitasatyajit]

Over enthusiasm, >250 point up in one day ..... thinking is it a bull trap ?? Cannot decide whether to short or not .... for long should wait for correction. What is the openion of the house ?

Regards

 

[deb99891]

saint taught us the method
n i learnt it from dada(practically)
in this thread...
so hatts off to dada also
true regards
deb

asish da organised the kolkata meet
not a single rupee charged from ne one.....
provided fantastic food at lunch time....
met all the master traders.....
given his survival concept to me....
i am living with it....
asish da done evry thing self lessly
here only teacher student concept comes in my mind...
true regards n hatts off to my dada
deb

 

[uasish]

Asish da, if u r still there, please confirm the above post...

please

Yes Sunil probably the High of 11.29's bar is this smaller up waves High.

 

[debdeeps]

During 10:20-10:40, when market fell, TBQ/TSQ had gone down as much as 350k/900k. Then it came back to 840k/840k when market stabilized a bit. Now around NF 4475, it went down to 600k/1000k predicting a fall. Those numbers do predict sometimes. But NOT ALWAYS.

-- Milind

Agreed......I also noticed the same. But it is too slow to reflect the current scenario, some times it reflects very recent past scenario. It is good if market flows in one direction but not good in a range bound market.

 

[Sunil]

Over enthusiasm, >250 point up in one day ..... thinking is it a bull trap ?? Cannot decide whether to short or not .... for long should wait for correction. What is the openion of the house ?

Regards

yes satya..
i m not sure abt this (need confirmation with seniors)
but 4430 SPOT is still the important HL in 60min charts, which if broken, would negate the over-5-day HH, HL formation...

anybody with tech software can confirm this for me, please???