Nifty Futures Trading

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uasish

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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 ...
Excellent Entry.
 
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learn2trade08

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actualy even i went long today at 4403,call it luck but i remember the great DRAGON FLY DOJI :eek: from yesterday...:D:D
all the best!
 
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