Nifty Futures Trading

[nonstopkaran]

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

ya sunil... otherwise its a clear short call.. but gotto wait now

 

[debdeeps]

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

It's not more; it's more than double.

 

[Sunil]

cant say for sure, but it seems SOT is making HH, HL intraday...
if it breaks 4370 now w/o breaking 4335, then this may be signalled
lets see

 

[Sunil]

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.

(bit off track....)
so, we show middle finger to pivot when our SL is hit...

 

[Sunil]

out of remaining shorts at 4360.. now lets see HOD or LOD

 

[Sunil]

ideally, if S1 is not held, then S2 is tested... waiting for 4352 FUT / 4335 SPOT to break

 

[Sunil]

ideally, if S1 is not held, then S2 is tested... waiting for 4352 FUT / 4335 SPOT to break

4335 is holding as of now...
but below 4335, optically no support till 4315
4300 is S2

 

[renu daga]

in fut,, s1 fopr today is 4380 which has not crossed at all...

renu

 

[nonstopkaran]

short @ 4347

 

[uasish]

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

Guys better to read as the Price says could that move cross ?
1)Tape Reading is one very important aspect when we are scalping/or trying to catch very short moves.
Never have seen a successfull scalper WHO cant read Tape.

2)TBQ/TSQ ................,it's ROC is seen at imp Supp/Res points for confirmation what Tape says.


I am Short since that up move from 60 cant surpass 70.00 ,with Stop at 81.00