Nifty Futures Trading

[debdeeps]

but i still need confirmation...
is this the SL of over-5-day HH, HL formation or not...???

Broken, also HnS on 5 min.

 

[new2sm]

4417 and 4418 on FUT & SPOT resp. are to watch out.

 

[mitasatyajit]

If 4417 (quarterly resistance spot) broken, bulls entered above are trapped. Long covering may come.

Regards

 

[Sunil]

4400 support is near...

LH, LL is on...

 

[mitasatyajit]

Return of the Dragon (sorry beers).

 

[uasish]

So 4422.00 has become the Low now.

 

[debdeeps]

Return of the Dragon (sorry beers).

Nice one Satyada.

 

[mitasatyajit]

Let us now buy the tickets of this movie. Let us go by trend.

Regards.

 

[Sunil]

BEAR SCARE:

1. Refer to the EOD chart of SPOT with Bar/candlestick as charting style
2. Join the peaks (HOD) of 9 Jan, 2 May, 16 May....
3. This is a downward sloping line, and today's HOD as somewhat touched it
4. SPOT has reacted sharply downwards after touching this line...

i would like comments from other members. as I am not a proper TA...

Satya, u mean bears are having beers now ...
hic hic

 

[new2sm]

just gut feel but 4417 for FUT and 4418 crossing shud signify fresh shorting though currently we are in premium.