Nifty Futures Trading

[TrendPlayer]

oh man, just have a look at TBQ TSQ difference (in 7 figures) in favour of TSQs

SK shows 19.7L buyers against 9L sellers for Jan NF again some issue in my trading platform?

11:36AM : Now its 5L buyers vs 28L sellers ..oh my my ..so volatile

 

[new2sm]

Triangle formation in 3 min. anyside breakout is expected.

 

[Sunil]

seems ascending triangle to me, in both 1min & 5min
low of last triangle as stop for longs

 

[Sunil]

60min's inside bar target achieved...
but it was not "yummy"

 

[columbus]

SK shows 19.7L buyers against 9L sellers for Jan NF again some issue in my trading platform?

11:36AM : Now its 5L buyers vs 28L sellers ..oh my my ..so volatile

http://www.traderji.com/derivatives/24344-do-you-believe-tbq-tsq-2.html#post228720

 

[TrendPlayer]

http://www.traderji.com/derivatives/24344-do-you-believe-tbq-tsq-2.html#post228720

Columbus: Thanks for the vote..Yup i do believe it helps (fails at times like any other indicator) but i dnt make it the base for trade

 

[TrendPlayer]

Nifty Futures Trading is very vast and its trading is also very risky friend. Very few people trading futures are successful.

Its all about discipline and managing ur trades.. nothing works better than patience but that is hard to keep

 

[arnav_rulz]

Asish Da & Arnav,

I am not fully sure yet, but with today's HOD in FUT, it really seems that Jan Fut follows its own course, which it did as Fut -2M during December....

as I mentioned, I follow SPOT charts during such crossover days to avoid confusion, and the corresponding HOD of Wed SPOT 2962 is being met with FUT level of 2973 (Dec FUT HOD was 2964, while Jan FUT HOD was around 2974 on Wed)

check out HODs till now in both SPOT & FUT....

need more such instances, though by EOD today


THE MAIN ISSUE IS TO WHOSE CHARTICAL LEVELS SHOULD BE GIVEN MORE RESPECT - DEC FUT OR JAN FUT?
as of now, Jan Fut seems to be the answer (as Fut -2M in Dec)

Sunil, To be honest... I usually avoid trading near the expiry days cause of this problem only .. I dont have Jan/next months Charts with me .. and Dec/current months chart dont seem to work very accurately...

Personally my trading style on these days is somewhat different .. I try to trade according to breakout's, triangle formation kinda stuff.. dont give that much emphasis to support/resistance...

THE MAIN ISSUE IS TO WHOSE CHARTICAL LEVELS SHOULD BE GIVEN MORE RESPECT - DEC FUT OR JAN FUT?

Well for me... As for intraday purposes.. for normal support and resistances.. i think Jan charts may become more reliable... but for stronger resistances check out Dec chart + spot chart (this may create a difference of 3-4 points, but i think that is the additional cost you have to pay during this time..)

 

[learn2trade08]

all the best sunil.

Thanks a million, L2T....
by posting both 5min & 15min charts, you have given me exactly what i wanted...

Thanks TrendPlayer...
Leaving aside 25th Dec, Sharekhan's chart is correct...
Also reminded me I could have used my own (backup) Sharekhan a/c to access last 5 days charts (the maximum it can show)...



Thanks again, L2T & TrendPlayer for your time & efforts for me...

 

[learn2trade08]

dear trendplayer its esignal....

L2D: Great work sir! Who is your data provider? might help me to switch over now

All: Have a great trading day