Nifty Futures Trading

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Re: Time to Stick my Neck Out ,Nifty 7300

Still holding 1/4 long.......looks like gap down territory tomorrow.Looking to exit longs and look for opportunity to get short.

We have been trading in a triangle for the last few weeks......a gap down tomorrow is a breakdown from this triangle to the down.Means we not only have 60min as a downtrend,but the daily looks like joining a clear cut move down........Basically a continuation in the intermed dntrend!....So,careful if long!

But it all depends on the extent of the gap down even for a short...

Interesting day tomorrow...

Saint
 
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uasish

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Re: Time to Stick my Neck Out ,Nifty 7300

Nifty Fut EoD for your perusal.
 
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Re: Time to Stick my Neck Out ,Nifty 7300

NIFTY hovering around 200 DMA. Sensex Hovering around 200 EMA (Below 200 DMA). Will go long if high of 5-min bar is breached.
 
Re: Time to Stick my Neck Out ,Nifty 7300

Shorted here at 5036....

Saint
 
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uasish

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Re: Time to Stick my Neck Out ,Nifty 7300

I am with Ashish ;now in favour of Long ,though i did not initiate anything in Nifty Fut & my Stop would have been 4995.00
 
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uasish

Guest
Re: Time to Stick my Neck Out ,Nifty 7300

In this down move breaking 5029 would be disfavourable.
 
Re: Time to Stick my Neck Out ,Nifty 7300

In this down move breaking 5029 would be disfavourable.
ahh,very favourable for me,my friend.

Looking to add to short NFs below 5025.

Saint
 

SavantGarde

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

Covered The Longs @ 5050 & 5051....& Shorted Some At 5052.10 Looking Short Some More Between 5055-5068

SavantGarde
 
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