Nifty Futures Trading

[Sunil]

bullish pivot spot 4410 did not show strength

now again near bearish pivot 4390 spot

 

[Sunil]

intraday UT is broken
now if 4385 spot breaks, UT over two days will break
and if 4360 breaks, UT over three days will be in danger

 

[Sunil]

FED MEET jitters....
asian mkts falling hard after re-opening,
though as of now, EU FUTS in mild green

 

[nagendra_gb]

FED MEET jitters....
asian mkts falling hard after re-opening,
though as of now, EU FUTS in mild green

Sunil where can we see EU futures..

 

[Sunil]

Sunil where can we see EU futures..

bloomberg . com/markets/stocks/futures.html

verify the time of the quote also (EU FUT starts around 12 noon our time, and that's why HangSang also reacts ard that time after re-opening)

 

[Sunil]

dbl bottom - neck breakout in FUT...
covered shorts & gone long for scalps

 

[renu daga]

intraday UT is broken
now if 4385 spot breaks, UT over two days will break
and if 4360 breaks, UT over three days will be in danger

no sunil intraday ut is not broken,,,

if uv ar talking based on 1 min forget that,,

on 5 min,,
as i had posted intraday support bands...are 44004395/490..
breaking this ,, 4390 will only do os for 5 min chart

just notice the chart,,, we have ht this level and moved up
forget the morning leg of 77

renu

 

[Sunil]

no sunil intraday ut is not broken,,,

if uv ar talking based on 1 min forget that,,

on 5 min,,
as i had posted intraday support bands...are 44004395/490..
breaking this ,, 4390 will only do os for 5 min chart

just notice the chart,,, we have ht this level and moved up
forget the morning leg of 77

renu

actually i had meant only in today's intraday chart...
if we take over intraday chart over two days, then as i had said, UT is still intact

 

[kapil123]

Noted the low of 4363.50. Thanks. Also Pls advice that double bottom has to be for exacly the same amount or (+/-) 10/20 paisa here/there can be treated as double bottom????

Thanks

It does not necessarily have to be same figure. It should be at approximately the same price, and one has to judge how the price reacts at that area.

Cheers,
Kapil

 

[renu daga]

ok sunil,,
actaully i had psoted not to overcome ur post , just clarify teh levls which are more powerful!
which we all need

renu