Nifty Futures Trading

[Czar]

sorry dada 4409 wont work, nifty sgx already showing 115 points fall... which is usually accurate...

 

[Sunil]

SGX Nifty was hovering near S1 level of 4360-55

Now, after 4310, its at 4330...

let's see how our nifty handles S1 at open...

 

[uasish]

A Pivot as Saint taught us in Kolkata is like this :=

You must have seen the Congress Parties Symbol the Palm/Hand .
1)The middle finger is Pivotal High becoz of 2 fingers on left the thumb & forefinger & 2 fingers in right the ring finger & little finger.
2) Visible even from a distance.

Now if you reverse the plam/hand you will get the Pivotal Low.

Hope now your confussion is clear,look at charts in IChart / ***** / etc. if you dont have a facility to see chart then how are you trading.

 

[Sunil]

ominous sign....
SPOT tested 4315 at open...!!!

 

[Sunil]

SGX Nifty was hovering near S1 level of 4360-55

Now, after 4310, its at 4330...

let's see how our nifty handles S1 at open...

negotiating S1 as of now...

 

[uasish]

Showing 1st sign of weakness in the Up move.

 

[debdeeps]

Market facing tough resistance at day's high. Upward move will only be confirmed after breaking of this resistance.

 

[uasish]

So after exibiting weakness from 70 went to 60 ,let us now watch its presnt up move's strenght.

 

[Sunil]

(2. Sell below 4380 for 4360/4340/4315

3. Buy at 4315 SL below 4300 for scalping some reversal

4380 FUT corresponding with SPOT S1
short at 4375 for scalping trades...
(not sure of downside so soon/easily as 4315 SPOT already tested... let's see)

 

[Sunil]

but TBQ has all the time been more than TSQ!!!