Nifty Futures Trading

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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
Exactly what u said... if one wants to enter a position (long / short) entry should be nearest to trendline so that stop is small (dx or limit stop tends to 0).
 
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learn2trade08

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I see 2 things,future trades will be based on them...not sure if i am correct...plz correct me if i am wrong so i can learn2trade.
thanks
 
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learn2trade08

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luks like we have just broken down from a rising wedge....if i am not wrong we should retest the lower trendline and continue to break down...not 100% sure though as i could be 100% wrong....:confused:
thanks

can u elaborate on what do the charts mean..I see the uptrend narrowing..
 
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