Nifty Futures Trading

[Sunil]

hmm...
premium in AUG FUT is just increasing... ard 20 pts now...

this indicates long positions being built for AUG

 

[lalpar]

Sunil,,
Can u let me know what learsn2 trade says is rght after observing the chart...

Renu's chart shown we are in uptrend..and the other one we may be at end of uptrend...

I am confused..But as of now I am long with no confusions..

 

[Sunil]

arey, today is not just expiry day but also INFLATION NUMBER DAY (EOD)

 

[Sunil]

Sunil,,
Can u let me know what learsn2 trade says is rght after observing the chart...

Renu's chart shown we are in uptrend..and the other one we may be at end of uptrend...

I am confused..But as of now I am long with no confusions..

frankly, as i mentioned in the previous post, i dont know what is "wedge"..
(i just know i am a veg )

anywaz, i was doubting a parallel line in tick charts... was not clear in hourly charts, but it is visible in renu's chart...

also, if u feel like going long, enter near the previous HL... it's 4315 in SPOT chart.. SL would be below 4300/4295

 

[Sunil]

wait for some more time if confused...

EU abt to open

 

[sunbim31]

Nifty
http://img508.imageshack.us/img508/5240/niftypr2.png

 

[Sunil]

remember - not every day is a tradeable day...

sitting out & observing is also a strategy in uncertain times...
time will come to strike

 

[mitasatyajit]

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Sunil 12pm posting.

 

[mitasatyajit]

Nifty
http://img508.imageshack.us/img508/5240/niftypr2.png

Welcome Sunando.

 

[Sunil]

Welcome Sunando.

hmm.. if i remember correctly from Kolkatta meet video, this is Sunando sir who had organised the meet...

Hello sir...