Nifty Futures Trading

[SavantGarde]

Re: Time to Stick my Neck Out ,Nifty 7300

Wow..Didn't hink It Would Arrive So Fast

SavantGarde

 

[SavantGarde]

Re: Time to Stick my Neck Out ,Nifty 7300

Now Kept Half Of The Balance To Sell @4828

SavantGarde

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

OI in NF & mini has again @ its highest together.
NF struggling @ support..
Something is going to happen

Oops! A close shave.
The moment I got out of shorts; this spike came.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Ajax!What about a bearish WW now? Symmetry missing, no?

 

[Dhruva_52]

Re: Time to Stick my Neck Out ,Nifty 7300

Dear Asishda,
To me the market is range bound but I do agree with you that it will touch 7300 in coming months and that is the time to book profit and get out of the market because all indications show that after touching 7300 the market will go bearish for a long time.

There is a definite change of Trend & Sentiment in the Mkt.A downtrend is on progress.Once again the
need of the hour is to determine the faith of the Long term Trend.All studies are absolutely Subjective.
Nifty Fut is going to scale 7300 in months to come,prior to reaching that the down side is
much more to come from present level.There be no ambiguity in this that we may see 400 to 500 points
down side from here.
All Up or Down is basically in Wave type nature,there is no straight Up or Down,hence any 100-200 points
Rally should not deceive us that the down side is halted,until we get definite indication ,presently the
major trend is Down.
These observations are extremely subjective in nature & many a time these observations are found to be
wrong in the past.
It may be noted that we are in 4th Down Wave,where the minor waves are unfolding.

Present levels to watch:=

5686.20 was the earlier support.
5830.95 is now the Resistance area.
5762.44 (on closing basis) is the Critical balance Price.

 

[Ajax]

Re: Time to Stick my Neck Out ,Nifty 7300

Ajax!What about a bearish WW now? Symmetry missing, no?

No ww for now...

The one we got yesterday was perfection to glory...

 

[Ajax]

Re: Time to Stick my Neck Out ,Nifty 7300

Ashish

Again a DT with one outside BB , other inside it on NF 3m

 

[SavantGarde]

Re: Time to Stick my Neck Out ,Nifty 7300

Moving The Sell From 4828 to 4854

SavantGarde

 

[SavantGarde]

Re: Time to Stick my Neck Out ,Nifty 7300

Reason Being That There Will Be Another Bout Of Short Covering If 4818 Holds

SavantGarde

Moving The Sell From 4828 to 4854

SavantGarde

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Ashish

Again a DT with one outside BB , other inside it on NF 3m

But hell lot of support from TL and 200 SMA on Hourly @ 4800 on Spot. Hence, refraining from mean reversal action at the moment. A short if pivot is broken on 5-min now.