Swing Trading for Nifty Futures

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kthakker0

Well-Known Member
#61
25/1/2012

Hi all,

These are the times that the market tend to confuse us but we have to see and interprate what the price is telling.

It seems that 5139 level will decide the trade levels for today

NF trading above 5139 should have the power to reach higher levels
NF trading below 5139 is a definate case to go short

But use your judgement before putting the trade.

Happy Trading
 

kthakker0

Well-Known Member
#68
24/1/2012

Hi all,

I see one of the two scene been played out for Feb NF on Friday

If today, Feb NF High is below 5206 then Friday's high could be capped at 5190

OR

If today, Feb NF High is above 5207 then Friday's high could be = / > 5225

Lets see how the market plays out the given forecast


Happy Trading.
 

kthakker0

Well-Known Member
#70
KARTIk
friend did u take any position yet
Hi,

I want to know Feb NF high today and only then will I take a position.

If you have read my previous thread(s) I have said way back that my forecast high for this rally is 5220 and today's Feb NF high will show me what the market is about to do.

Sometimes its good to watch the market by being neutral.

Answer for your question is "No" I am not trading today.

And as said I am still studying the market.

Happy Trading
 
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