Nifty Futures Trading

[lalpar]

The break out in whichever direction will be sharp..I am BULLISH!!

Regards
Lalith

 

[Sunil]

actually, satyajit da, just start the upper trend line from the first big red bar of 29th and join it to the current bar's peak.
now, see this upper trendline with the lower trendline....

are we moving in an upward rising channel???

 

[mitasatyajit]

actually, satyajit da, just start the upper trend line from the first big red bar of 29th and join it to the current bar's peak.
now, see this upper trendline with the lower trendline....

are we moving in an upward rising channel???

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Drawn accordingly.

 

[Sunil]

4355 - R1 for today. Peak of Monday's sideways trade - the next PEAK. Will signal strength of bulls if this level breaks easily.

as long as 4315 holds, this R1 / peak should be tested

 

[uasish]

Again Longed @ 4338.00 Stop= 4330.95

 

[new2sm]

yest. R2 4343 in July Fut is playing out now. it has to cross it decisively(over +10 pts) for the rest of the mkt to move upwards

 

[Sunil]

hmm... not that parallel... let's see ...

as long as this HH, HL setup holds, i m bullish...
if one wants to go long, then entry near previous HL is advisable to have minimum risk/SL

 

[uasish]

Exited Long @ 4337.00

 

[uasish]

Another 1 point plus brokerage Loss.

 

[deb99891]

the upper trend line ress is now 4344
swinging in bw
satyajit da can tell it confirmly
regards