Trading Nifty by Levels

khushi00

Well-Known Member
Can u please elaborate how u decided mixed trend?

Thanks

Anil
This is one thing that i m unable to share
right now i m watchin bit by bit movement of nifty futures
it making new highs in 1min graph
also OI of Calls r not as much less as expected so in doubt whether it will go down
means there r some feelings as i watched it for more than 600 hrs so i know it wont go down now, atleast for now
see buyin pressure
 

khushi00

Well-Known Member
see there r 2 things
first technicals
they say remain in short below 4867 wid trgts u know
second is our feelings as we constantly watch its movement
1 is brain 2nd is heart
 
@Khushi,
one more thing, at 4854 it formed long lower shadow and it was 34EMA rejection which pulled back to 4864.
I think 34EMA will provide good support. Will see if it's broken or not
 

khushi00

Well-Known Member
sorry i am not finding words to explain
plz u keep short wid 4868 as stop n book half trades at 4858-4854
 

khushi00

Well-Known Member
@Khushi,
one more thing, at 4854 it formed long lower shadow and it was 34EMA rejection which pulled back to 4864.
I think 34EMA will provide good support. Will see if it's broken or not
ask seniors plz
i am not so much educated
but i find supports n resistances wid help from dema n tema of eod
n i started findin same since i started postin here so still in learning stage
 

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