Nifty Futures Trading

[arnav_rulz]

any1 noticed this that from last 2-3 days... nifty breaks all the important imp (pyscho maybe) but still and just goes 2-3 points down n covers back ??

Like 2-3 days back it broke 4500(in futures) and made a low of 4498 and recovered ...

Also recent bounce back lows have been 4446-4448 (rather than 4450) and some more....



Its like a new thing, as i havent seen this much, i think they want to stops to trigger because noramally every1 was taking these levels as stops...


On this note im long nifty 4400 as of now with a short stop of 4394.95 ...

 

[arnav_rulz]

booked 50% @ 4410

trailing 50% @ 4409.95

 

[Czar]

Arnav its classic shake out going on since last not 2 but few days... It happen b4 a bigger move coming in... the small traders both bulls and bears are made frustrated...

 

[arnav_rulz]

Arnav its classic shake out going on since last not 2 but few days... It happen b4 a bigger move coming in... the small traders both bulls and bears are made frustrated...

Hmm ya i agree.... This is where i got frustrated too since 2-3 days with my "Psycho" stops getting hit and then the trade going my way


But today i made profit from it lol

 

[uasish]

Covered balance 25 % Short @ 4112.55

 

[Flock]

any1 noticed this that from last 2-3 days... nifty breaks all the important imp (pyscho maybe) but still and just goes 2-3 points down n covers back ??

Like 2-3 days back it broke 4500(in futures) and made a low of 4498 and recovered ...

Also recent bounce back lows have been 4446-4448 (rather than 4450) and some more....



Its like a new thing, as i havent seen this much, i think they want to stops to trigger because noramally every1 was taking these levels as stops...


On this note im long nifty 4400 as of now with a short stop of 4394.95 ...

Ever since this range bound movement started, we have speedbreakers at 20, 40, 50, 60, and 80 both ways. Makes for painful intraday trading.

 

[uasish]

Probable end of this wave in 60 mins chart,this will only be confirmed if Upper pane's Blue Line crossed.

 

[arnav_rulz]

50% trailing Profit brought to 4399 Spot

 

[renu daga]

nifty 24...

well just some rahu was passing through my phase made me frustrated in intrday!!!!

renu

 

[uasish]

The Smart Money always KNOW the R1 /S1 /FIB/ Levels hence to outguess them guys of 60 min Thread has given a cushion of 7-15 points below or above the actual levels.