Nifty Futures Trading

[learn2trade08]

4400 very crucial now,we gonna collpase or if bulls manage to hold then we might see a gap down opening tomorrow...lets see...
either way daily trend is up,so no need to worry i guess..
thanks

 

[vishveshchauhan]

Momentum Call Sell Nifty Fututre at 4394 SL 4447 target 4360-4300( my view as wave seems truncated with double)

 

[vishveshchauhan]

Momentum Call Sell Nifty Fututre at 4394 SL 4447 target 4360-4300( wave 5 seems to have truncation with double top) now we can see 50% retacent of recent up move

 

[learn2trade08]

now trailing at 4414,which happens to be a good resistance...
thanks

 

[vishveshchauhan]

yeh, renu swing high is swing high not broken and showing weakness, suggest that with today -ve close will complete 5 wave rise on hourly and we might go for longer retracements, but still if 4447 break will lead more upside(alternate count)

 

[learn2trade08]

trailed out....placed another stop sell order at 4405,lets see if it gets triggered
thanks

now trailing at 4414,which happens to be a good resistance...
thanks

 

[learn2trade08]

bought 5000 ce's @ 13 from todays profits...all the senior's suggesting we might get there this expiry...counting on them
thanks again

 

[lalpar]

5000 is 600 points away friend..I feel there is some time to go before we reach 5000

4700 may be a possibility

 

[learn2trade08]

triggered again.....same stops targets at 4394..
thanks

trailed out....placed another stop sell order at 4405,lets see if it gets triggered
thanks

 

[vishveshchauhan]

Close is not coming good for NF, now we can expect free fall