Nifty Futures Trading

[columbus]

Your advise is taken into a/c now.

To be frank I did not expect very a prompt action from you ,asish sir.Thank you very much.

Actually some boarder put a query on OPTIONS in this thread, then another boarder replied that this is exclusively FUTURES sub thread.Funny enough ,previously it was in EQUITIES segment.

 

[Czar]

ya Columbus because previously this thread was different with a different title, started for & about nifty & general trend , which was more Equity inclined, but later turned in Nifty futures trading thread...

 

[columbus]

ya Columbus because previously this thread was different with a different title, started for & about nifty & general trend , which was more Equity inclined, but later turned in Nifty futures trading thread...

Dear czar,

Even the first post was dealing with Nifty Futures.I believe 95% posts belong to future category and it is APT to be here.Yes you are correct if people start posting about other things then the nature of the thread will change.

 

[Sunil]

Now, Nifty is within striking distance of the strong downward sloping trend line...

Will the momentum, with which nifty spot is now moving upwards, be strong enough to break this trendline...???

Let's see & maybe we'll get the answer in this week...

 

[devangan123]

Now, Nifty is within striking distance of the strong downward sloping trend line...

Will the momentum, with which nifty spot is now moving upwards, be strong enough to break this trendline...???

Will not break this trendline atleast on Monday

 

[Czar]

usually such high end resistance are crossed on 3rd attempt, if they are to cross..

 

[columbus]

Now, Nifty is within striking distance of the strong downward sloping trend line...

Will the momentum, with which nifty spot is now moving upwards, be strong enough to break this trendline...???

Let's see & maybe we'll get the answer in this week...

Though inflation is discounted (rather MODERATED in PC's language) and Crude coming down with political certainty is settled now,there is a good scope for bullish rally.Anyway EMOTIONS have no role to play in Stock Markets.Have a look at your own chart.

 

[Sunil]

Though inflation is discounted (rather MODERATED in PC's language) and Crude coming down with political certainty is settled now,there is a good scope for bullish rally.Anyway EMOTIONS have no role to play in Stock Markets.Have a look at your own chart.

well, 5000 is way out of reach, as of now, buddy...

in EOD charts, after 3800 to around 4540 and then a cooldown till ard 4150, and from there a pullback to 4400..... this has made a HL (4150), now spot has to make a HH by crossing 4540 levels to confirm that this is not just a pullback, but a good bullish uptrend...
and if i understood saint sir's method/dow method, 4150 should not break before 4540 is broken

this means, it first has to negotiate the downward trendline resistance at ard 4425, and then previous high of 4540. Past 4550, a logical target of 4650 (the immediate next peak) can be seen...



one more thing i would like to ask the seniors/wave analysts... i have read this somewhere that a "C" downwave/correction till around 4250 may be possible before 4500...
i have no idea abt this.... can someone guide me abt this possibility of "C" wave...??? or should be simply ignored...??? (well, i m not paying that much attention to a thing which i dont understand)

 

[Czar]

hi Sunil, check the marked trendline, do not discard this possibility if we break 4430... cause as I mentioned earlier 1 bull phase will throw off all bears in a bear market...

 

[uasish]

kya da,

i had made this suggestion of changing the directory/folder when the name of this thread was changed....
u did not pay heed to my advice then, which I had given for the benefit of new members to enable them to locate "nifty futures" fast...


I had even suggested of a different category heading altogether for NIFTY under "THE MARKETS" where there are four categories: "Equities", "Commodities", "Forex" & "Derivatives"...
I had suggested a different category titiled "NIFTY" wherein you can have sub-categories like "market outlook", "Positional Trading", "intraday trading" "Calls", "Nifty options" etc.. (whichever is felt appropriate)..
and in this category/sub-categories, I had requested to shift all the threads regarding Nifty, like "Mechanical Trading" by Vinod sir, "Pivot points" by Savant sir, this very thread, etc

This would really benefit existing & new members, if they want to search/learn about Nifty Trading, they can find all about it in one place, and spend less time searching for this.

After all, N I F T Y IS THE KINNNG, (maximum turnover everyday comes from Nifty futures & options)
(so it may not be wrong if it is said that majority of members are interested or pay more attention to Nifty trading)

I know there's always the "search" link, but if you have all threads abt nifty neatly categorised, you will really benefit new & existing members and save their time of searching what they want. (i am just refering to nifty as of now). If you see something in front of your eyes readily available, then why would one need to think of what exactly to search abt NIFTY, as one may not be sure of what things are available.


I, as a lover of Nifty & a well-wisher of traderji . com, humbly & sincerely request you to take some steps regarding this, and I am sure many members will agree with this.

Like last time i suggest ; you to make this request to Traderji via pm.