Swing Trading for Nifty Futures

Status
Not open for further replies.

kthakker0

Well-Known Member
22/02/2012 Wednesday

Hi all,

For those who missed the 5625 train, press shorts only after NF trades below 5586 for 5565 and then 5547.

As long as close is above 5586 NF will trade higher

This run up is so great that price have breached all the over bought areas, NF will have to trade between 5235-5150 for next up leg move so as to salute the budget and the Credit Policy (If they are market friendly)

Bye
 

kthakker0

Well-Known Member
22/02/2012 Wednesday

Hi all,

From this time till the EOD if NF trades continuously below 5586 then the cracks will widen more

We did achieve 5565 for today now if today's close is below 5586 I'll carry forward my sell trades for targets of 5530

Now what will I do tomorrow? as my 5530 is achieved today


Bye
 
Last edited:

kthakker0

Well-Known Member
22/02/2012 Wednesday

Hi all,

The given trading range of NF will form support / resistance depending on NF gyration

If we have a gap down opening tomorrow then NF trading below 5508 will reach 5469, if 5469 is easily breached then the gap at 5440 should be covered as NF next strong support is at 5430, from 5430 NF may rally up to trade over 5469

Bye
 

kthakker0

Well-Known Member
23/02/2012 Thursday

Hi all,

Today and tomorrow 5508 will be the important level where NF will try to find support to rally for 5567-5586 targets and if NF closes below 5508 then 5469-5430 as stated

Bye
 

kthakker0

Well-Known Member
23/02/2012 Thursday

Hi all,

If my calculations are correct then we will not see a rally till NF has reached 5235, NF will find resistance / support during the course, but generally the trend should be down, so its a sell on every rise as far as I am concerned.

Lets see how far this calculation works in my favor.


Bye
 
23/02/2012 Thursday

Hi all,

If my calculations are correct then we will not see a rally till NF has reached 5235, NF will find resistance / support during the course, but generally the trend should be down, so its a sell on every rise as far as I am concerned.

Lets see how far this calculation works in my favor.


Bye
hi is it 5235 or 5325 ??? just once 2 confirm !
 

kthakker0

Well-Known Member
23/02/2012 Thursday

Hi all,


Swamy has done it again, he has filed a petition in the Supreme Court against P Chidambaram in relation to 2G and has also slammed UPA chairperson Sonia Gandhi in connection with the Bofors case.

Baba Ramdev
SC has said that there was a link between Delhi Police and Home Ministry for mid-night action on 4th July 2011 on Baba Ramdev and his protesters in an arbitrary way and SC has held Delhi Police guilty for its action, but even here PC has been left untouched, how can home ministry give any order without his boss consent?

It's time that public servants see that they are been used by Congress for their personal gain.

Bye
 
Last edited:
Status
Not open for further replies.

Similar threads