Nifty Intraday Pivot Points

[SavantGarde]

Right Doc,

Considering Nifty Spot Is The Underlying Of NF & Nifty Spot Is Not Showing Any Gap...Therefore How Is NF Going To Behave In This Scenario.

Happy & Safer Trading

SavantGarde

One Major Thing Is Nifty Spot Is Showing Huge WRB, While Nifty Fut Is Showing Huge Window (Or Gap Up).

Thanks.

 

[docvijay4u]

Looks Like We Don't Have To Worry About 'Closing Of Window' Or 'Filling The Gap' I Think This Is The Message You Want To Convey, Is That Right?

Thanks.

Right Doc,

Considering Nifty Spot Is The Underlying Of NF & Nifty Spot Is Not Showing Any Gap...Therefore How Is NF Going To Behave In This Scenario.

Happy & Safer Trading

SavantGarde

 

[MurAtt]

BUT

Nifty Spot is bound by some very weird rules (if I am not mistaken) that the close is an average of the last 30 mins which distrorts the close price

AND

Open compulsorily has to be last days close, so no Gaps in NSpot.

Now how abt that - no Gaps!!!!

Sensex on the other hand has no such dictums.

SO

Nifty is forming Pole & Flag / Pennant formation which is continuation pattern leading TAs to believe we should be moving up whereas Sensex is showing that there could be a huge downfall trying to fill the gap created last monday.

Check S S thread called Food for Thought, the Last posting by S S.
He is able to put into words in a better way.

http://www.traderji.com/derivatives/23534-food-thought-21.html#post312656

 

[SavantGarde]

Hi Murtaza,

I Would Go With Continuation

a) Dips Are Getting Bought Into

b) Gap Need Not Get Fulfiled For A Very Long Time, Breakout Or Runaway Gap.

c) Monsoon In South Has Hit 8 Days Early

d) DMK ? Has Been Resolved

e) Liquidity On The Sidelines Are Itching To Deploy

f) They Were All Proved Wrong For Not Deployng From February Onwards

g) Sentiment Around The Wotld Is Improving Though Slowly,

h) Slowly...Courtesy Big Guys Who Are Short Getting More TV Time To Exaggerate That Worst Is Still To Come

i) None Of My BUYHOLD Is Showing Any Weakness Still

Think I Could Have Gone Upto 'z' But Upto 'i' Is Sufficient.....

Happy & Safer Trading

SavantGarde

BUT

Nifty Spot is bound by some very weird rules (if I am not mistaken) that the close is an average of the last 30 mins which distrorts the close price

AND

Open compulsorily has to be last days close, so no Gaps in NSpot.

Now how abt that - no Gaps!!!!

Sensex on the other hand has no such dictums.

SO

Nifty is forming Pole & Flag / Pennant formation which is continuation pattern leading TAs to believe we should be moving up whereas Sensex is showing that there could be a huge downfall trying to fill the gap created last monday.

Check S S thread called Food for Thought, the Last posting by S S.
He is able to put into words in a better way.

http://www.traderji.com/derivatives/23534-food-thought-21.html#post312656

 

[aabhi06]

Nifty Future came down from R3 @ 4275.

 

[docvijay4u]

Today's Intraday Chart Of Nifty Future:

Thanks

 

[RAWT]

i am new how to buy/sell nifty option . i have nifty at rs 105 what i do pleasease suggest

 

[SavantGarde]

RAWT,

Looks Like You Really New To Options.

Before I Can Reply, I Will Need To Know From You

a) What Strike
b) Whether It Is A CALL Or PUT
c) Whether It Is May Series Or June

SavantGarde

i am new how to buy/sell nifty option . i have nifty at rs 105 what i do pleasease suggest

 

[pride1760]

SavantGarde Sir,

Can you please take a look at this thread and answer my query. I will be very grateful.
http://www.traderji.com/day-trading/27311-backtesting-trading-camarilla-pivots-21.html

Thanks and Regards,
Gaurav

 

[SavantGarde]

Doc,

Pivots Laid Out On The Chart Looks Very Exciting

Happy & Safer Trading

SavantGarde

Today's Intraday Chart Of Nifty Future:

Thanks