Nifty Futures Trading

[NJ:)]

The diff b/w trader and analysist is.......analysist has only 1 eye......

Trader has 2........

If u see 5 min chart.....u see rangin flat mkt.......

If after 121 pt fal, u hav flat mkt......mkt is gettin ready for more......

And there may be trouble tomm....the markets prepares in adv....

 

[nagendra_gb]

The diff b/w trader and analysist is.......analysist has only 1 eye......

Trader has 2........

If u see 5 min chart.....u see rangin flat mkt.......

If after 121 pt fal, u hav flat mkt......mkt is gettin ready for more......

And there may be trouble tomm....the markets prepares in adv....

Wht trouble tomorrow..

 

[NJ:)]

wht trouble tomorrow..

markets may see sum more correction tomm........starting today itself..........

 

[NJ:)]

Problem i see rite nw is people r nt nigative.........so futs has no support.....i think if once i get gap down to 4150......
I think there will b fuel to go up........

U need some disc. To go up.......

Its a bear mkt, high interest rates, growth slowing down etc...

U can not run premiums on future as if its wild bullish...........

 

[Sunil]

i would not pre-empt any moves... let's play the levels as they come...
spot still has the support of 4315-4300 which played out on friday too...

if this breaks, we have the gap support at 4260/40

 

[mitasatyajit]

Hourly breached, next resistance at 4346.

 

[deb99891]

Hourly breached, next resistance at 4346.

wow carry on
regards

 

[kapil123]

i would not pre-empt any moves... let's play the levels as they come...
spot still has the support of 4315-4300 which played out on friday too...

if this breaks, we have the gap support at 4260/40

Well said.. One should always play the levels/ setups as they come, without any pre-conceived notions.

Nifty Fut did take support at 4310-4320 levels and bounced.

Cheers,
Kapil

 

[Sunil]

Well said.. One should always play the levels/ setups as they come, without any pre-conceived notions.

Nifty Fut did take support at 4310-4320 levels and bounced.

Cheers,
Kapil

err.. i was actually referring to SPOT levels...most of my posts refer to SPOT levels...
anywayz, thanks for the pat

 

[Sunil]

lol
it seems that spot 4315 will not give up as support (like it did when it was a resistance)

its a big RSR level

i had been referring to 4315 as a big "nagging" resistance level through out later part of June...

it seems, it's back to its "nagging" habit of being a strong level to look up to.

Let's see how it plays today upto 4300