Nifty : Real time discussions...!

[kevin_shah]

first hour low is 5386... somehow..this looks like a normal day....! when both ends gets tested...!

I hope 5382-86 in mininifty doesnot make the low of the day today, As fridays are notorious for short coverings and watching the charts does not help sometimes if the price action is not clean and clear...

 

[ranger123]

My trade take today now at 10:45

Sell 4 Lot of PE 5400 for Rs. 79.4

I add sell 4 Lot CE 5400 at 11 oclock time....so it will become a pair.

Thank you.

My pair trade take now at 11:00

Sell 4 Lot of CE 5400 for Rs. 66.5

So I now has a pair of Sell CE5400 and Sell PE 5400 for Rs. 145.9


My stop lose for pair is Rs. 155 and prfoit target by 2:00 oclock is Rs. 9 (pair price at Rs. 136) and after that I can be exit is step - step way if my pair give me profit by this timing.

Thank you.

I take this pair trade at 11 oclock becase I has to get the first huor direction settel down. Now I think that today the Nifty index will not go down below 5355 and will go most like up toward 5420 to 5440. If this is the range and Nifty index is upward bias then my pair trade will give me profit by 2 - 2.30 oclock time.

Thank you.

 

[linkon7]

got a divergence on 30 min tf...on macd and histogram...!

 

[linkon7]

upload pngpng

this half hr is showing lot of promise...!

rsi div first, then hist and now macd...

 

[rrmhatre72]

got a divergence on 30 min tf...on macd and histogram...!

Hi linkon,

pls post this chart.
Just want to understand this....

 

[kevin_shah]

got a divergence on 30 min tf...on macd and histogram...!

I have observed that a 30 min divergence on any indicator suggest a mild reversal of intermediate trend in our case may be a pull back to open of the day...
I gues today we may see a range of 5415 to 5380 range today
Considering the lack of volume and momentum
So guys prepare for a grinding day...

Just my thoughts as traders we shud be prepared for unthinkable

 

[linkon7]

Hi linkon,

pls post this chart.
Just want to understand this....

U see the big big green dots.... last 3 candle... thats all i get.... i dont even verify if the divergence is valid as divergence is an exit singal for me, not entry.

 

[linkon7]

I have observed that a 30 min divergence on any indicator suggest a mild reversal of intermediate trend in our case may be a pull back to open of the day...
I gues today we may see a range of 5415 to 5380 range today
Considering the lack of volume and momentum
So guys prepare for a grinding day...

Just my thoughts as traders we shud be prepared for unthinkable

divergence tells us only one information. That price made a new pivot with lesser momentum. Where is the momentum in our price charts. Its just drifting in a 40 point range....!

 

[linkon7]

exited 5391

bakwas market...!

 

[linkon7]

feels like a karan johar movie...

Kabhi discount... kabhi premium....!