Nifty Futures Weekly And Intraday Analysis Trend Report

[sibumajumdar]

Kaku, use different time frames.... Unless u see a buy in 15 min.... use the rally to short at higher levels...in 1 min....

Dear Linkon, Noted with thanks for my future compliance. But i badly need ur
personal guidance through a seating. I learned a lot from u but more i need from ur side to survive in this volatile market. I hope Your LOrdship will grant my prayer in near future. Read throughly ur ICHIMOKU thread upto the posting u made this morning & i enjoyed it very much as it was written in very simple language .Thanks for the same & the suggestion. Happy Trade to ALL---SM

 

[Nishikant]

3970 Target Given, 3969 Done From The Day Low Of 3910

HARI OM DEAR FRIENDS


DOUBLE ROUNDING TOP SEEN AT THE 3940 REGION ON THE UPSIDE.


3927 NOT HOLDING FINE.


3911 LAST HOPE BELOW 3911 THE IMMEDIATE TARGET IS 3888.


AND ON THE UPSIDE 3945 BECOMES THE MAJOR HURDLE.


PRESENT RANGE BETWEEN 3927 - 3945


""""SO EVEN IF IT SUSTAINS ABOVE 3927 SELLING CAN AGAIN RESUME A THE 3945 REGION""""""


ONLY ABOVE 3945 RALLY UP TO 3956 - 3970 NOT RULED OUT.


BEARS ACTIVE BELOW 3945 - 3927.

REGARDS,
NISHIKANT K. HADGE

HARI OM DEAR FRIENDS :thumb:



JUST MENTIONED A FEW MINUTES BACK THAT NIFTY FUTURES CAN RALLY UP TO 3956 - 3970, AND THE NEW HIGH MADE 3969 :clap:



AND THE BOUNCE BACK REGION OF 3911 REMAINED UNBROKEN.



FROM 3911 TO 3969 A ONE WAY RALLY OF 58 POINTS FROM THE BOUNCE BACK ZONE OF 3911


NOW NIFTY FUTURES WILL HAVE FURTHER UPTREND ONLY IF IT SUSTAINS ABOVE 3970.



WHAT ELSE DO YOU ALL WANT. 3911 WAS THE INTRADAY BOUNCE BACK ZONE



AND THERE ARE SOME PEOPLE WHO STILL LOVE TO COMPLAIN



GANPATI BAPPA MORYA



HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

Attention Sir SibuMajumdar

HARI OM SIR SIBUMAJUMDAR :thumb:


3990 NIFTY FUTURES NEW HIGH. 3911 BOUNCE BACK ZONE DONE WONDERS :clap:


SIR, TRAIL YOUR LONG WITH STOP LOSS AT 3970 OR MAXIMUM 3934



GANPATI BAPPA MORYA



HARI OM



REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

3962.50 Day Low Of Friday Matters

DEAR FRIENDS :thumb:


THE DAY LOW OF FRIDAY i.e 3962.50 NOW HOLDS MAJOR SIGNIFICANCE.


3962.50 NOW BECOMES A CRUCIAL SUPPORT FOR THE BULLS.


UNABLE TO SUSTAIN ABOVE THE DAY LOW OF 3962.50 CAN BE A PROBLEM FOR THE BULLS.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

Friday Day Low Of 3962.50 Broken & NF Down

DEAR FRIENDS :thumb:


THE DAY LOW OF FRIDAY i.e 3962.50 NOW HOLDS MAJOR SIGNIFICANCE.


3962.50 NOW BECOMES A CRUCIAL SUPPORT FOR THE BULLS.


UNABLE TO SUSTAIN ABOVE THE DAY LOW OF 3962.50 CAN BE A PROBLEM FOR THE BULLS.


GANPATI BAPPA MORYA


HARI OM


REGARDS,


NISHIKANT K. HADGE

HARI OM DEAR FRIENDS :thumb:


MENTIONED A FEW MOMENTS BACK THAT THE FRIDAY DAY LOW OF 3962.50 SHOULD NOT BE BREACHED.


THE FRIDAY DAY LOW OF 3962.50 WAS BREACHED AND NIFTY FUT HIT 3933.


I HOPE MR. SIBUMAJUMDAR, YOU HAVE BOOKED YOUR PROFIT IN MININIFTY????


YOU ARE OFFLINE AT YAHOO MESSENGER ALSO


REGARDS,
NISHIKANT K. HADGE

 

[sibumajumdar]

Re: Attention Sir SibuMajumdar

HARI OM SIR SIBUMAJUMDAR :thumb:


3990 NIFTY FUTURES NEW HIGH. 3911 BOUNCE BACK ZONE DONE WONDERS :clap:


SIR, TRAIL YOUR LONG WITH STOP LOSS AT 3970 OR MAXIMUM 3934



GANPATI BAPPA MORYA



HARI OM



REGARDS,
NISHIKANT K. HADGE

Nishikantji, Thanks for ur levels. I could get my 2 lots minifty triggered at 3983.50. Credit goes to U for ur saver level of 3927.00. 1 lot aug I bot at 3932 (1424 hrs) & sold at 3948 (1441 hrs) taking the que from saver 3927. Plz suggest next if U have something in your Magic Box for tmorrow. I was off becoz of net problem. God Bless U & ALL.---SM

 

[Nishikant]

Spot Nifty Has Formed A "Triple Top orFmation" At 4003.90

HARI OM DEAR FRIEND'S :thumb:

VERY IMPORTANT​

""""KINDLY CHECK THE "OPEN" "HIGH" AND "CLOSE" OF SPOT NIFTY"""""


IT IS 4003.90



WHEN THE DAY OPEN, HIGH AND CLOSE IS THE SAME. IT IS KNOWN AS """'TRIPLE TOP FORMATION""""



"TRIPLE TOP FORMATION" IS A BEARISH FORMATION IN THE MAKING AND UNLESS AND UN TILL THE STOCK OR THE THE INDEX DOES NOT CLOSE ABOVE THE "TRIPLE TOP FORMATION" THERE WONT BE FURTHER UPTREND IN THAT STOCK OR THAT INDEX.



AND THEREFORE 4003.90 BECOMES A MAJOR RESISTANCE FOR SPOT NIFTY IF SPOT NIFTY FAILS TO CLOSE ABOVE 4003.90


THEREFORE 4003.90 NOW BECOMES A MAJOR RESISTANCE FOR THE SPOT NIFTY TO MOVE UPWARDS.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[sibumajumdar]

Nishikantji, Should we take any position which will be safe for 2morrow? Thanx......SM

 

[sibumajumdar]

HARI OM DEAR FRIEND'S :thumb:

VERY IMPORTANT​

""""KINDLY CHECK THE "OPEN" "HIGH" AND "CLOSE" OF SPOT NIFTY"""""


IT IS 4003.90



WHEN THE DAY OPEN, HIGH AND CLOSE IS THE SAME. IT IS KNOWN AS """'TRIPLE TOP FORMATION""""



"TRIPLE TOP FORMATION" IS A BEARISH FORMATION IN THE MAKING AND UNLESS AND UN TILL THE STOCK OR THE THE INDEX DOES NOT CLOSE ABOVE THE "TRIPLE TOP FORMATION" THERE WONT BE FURTHER UPTREND IN THAT STOCK OR THAT INDEX.



AND THEREFORE 4003.90 BECOMES A MAJOR RESISTANCE FOR SPOT NIFTY IF SPOT NIFTY FAILS TO CLOSE ABOVE 4003.90


THEREFORE 4003.90 NOW BECOMES A MAJOR RESISTANCE FOR THE SPOT NIFTY TO MOVE UPWARDS.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

Kaku, use different time frames.... Unless u see a buy in 15 min.... use the rally to short at higher levels...in 1 min....

Dear Linkon,

Different TF means i have to work on 2 different charts. 1 for buy with 15 min TF & enter when it gives crossover buy signal. Another with 1 min TF for short when it gives downward x-over. Have I correctly interpretated? Please comment & help me. Thanks---SM

 

[linkon7]

Dear Linkon,

Different TF means i have to work on 2 different charts. 1 for buy with 15 min TF & enter when it gives crossover buy signal. Another with 1 min TF for short when it gives downward x-over. Have I correctly interpretated? Please comment & help me. Thanks---SM

Asuming u r using macd and ema cross over as your setup. You trade in 1 min time frame using indiabulls charts. All you have to do is change the time frame to 5 min and see what direction the ema & macd are pointing. Then, go back to 1 min and look for entry in that direction only. Ignore the signals in the opposite direction.

You cannot trade every signal that comes in a 1 min chart. You have to follow the trend of a larger time frame and then use a smaller time frame for timing your entry.