Nifty Futures Trading

[Sunil]

arnav, spot 4520 is not obliging...

 

[nagendra_gb]

double bottom at 4540 on 1 min lets seee

 

[rishig38]

arnav, spot 4520 is not obliging...

Spot 4522 now...

 

[arnav_rulz]

arnav, spot 4520 is not obliging...

Yup, Buy 4550 in Futures is the next big hurdel to cross for intraday and i guess above that only we could get higher targets...

 

[renu daga]

instead of looking a sdouble bottom,, lok a sascending traingle on 5min, with breakout at 40/41

renu
with now tgt of 20rs up

 

[Sunil]

renu, i need a crash course in triangles...anytime after EOD...
i just know that dbl/triple bottoms are formed on corrections, and tops at rallies...
so, 4500 is not a classical dbl bottom...

 

[arnav_rulz]

CAC up 4.5 % !!

hmm only 4550 and total buyer and seller ratio {dont really follow that much but still :S} is making me uncomfortable....

 

[rishig38]

renu, i need a crash course in triangles...anytime after EOD...
i just know that dbl/triple bottoms are formed on corrections, and tops at rallies...
so, 4500 is not a classical dbl bottom...

same here...

 

[new2sm]

rarely seen a mkt going above R3s to R4s so shud be range bound now.

 

[Sunil]

CAC up 4.5 % !!

hmm only 4550 and total buyer and seller ratio {dont really follow that much but still :S} is making me uncomfortable....

arnav, this more TSQ is since morning...
if i have to rely on magic no. 5, then next 5th attempt to cross 45 should do it...
let's see