Trading Strategies Using Technical Analysis

[saivenkat]

Nifty just CLINGING ON TO THE RESISTANCE LINE.. Soon it has decide which way to go..

I feel Break out will be south wards.

 

[vinst]

Nifty just CLINGING ON TO THE RESISTANCE LINE.. Soon it has decide which way to go..

I feel Break out will be south wards.

Sai,

what's the time frame of bars?

vin

 

[SwingKing]

Raunak ji, sometimes spot price is more and future price is less or vice versa,what does it indicates in both cases.

In more complex terms I could write a detailed post about why this happens. But I feel that will only confuse you. In much simpler terms, this happens near expiry and also when roll over's are taking place. If you are trading Futures, just trade that. Don't bother about spot. The movement of futures is what will give you profits.

There have been lot of research papers written on whether futures prices have predictive powers within them. And the findings are that future prices (whether in risk or premium do not have predictive power).

As traders, we don't need to bother ourselves with this. Just trade the price. Go with the flow.

Tc

 

[PGDIMES]

Hi Raunakji,

Is it a good time to enter DLF Sept futures today @ 318?

 

[SwingKing]

Hi Raunakji,

Is it a good time to enter DLF Sept futures today @ 318?

If it closes above 319 .. I'd be interested.

Tc

 

[saivenkat]

Sai,

what's the time frame of bars?

vin

15 min TF it was.

 

[SwingKing]

There is a very high probability that tomorrow could be a trending day for the markets (up or down) provided markets do not do anything funny in the last hour of trade today. As of now swing shorts remain open on Nifty and BankNifty. Need to see how things shape up tomorrow.

Tc

 

[saivenkat]

There is a very high probability that tomorrow could be a trending day for the markets (up or down) provided markets do not do anything funny in the last hour of trade today. As of now swing shorts remain open on Nifty and BankNifty. Need to see how things shape up tomorrow.

Tc

Just a little bit of ripple created around 2.45.. may some bulk selling could have come and lead nifty to 5458 levels, though for all technical reasons 5460 is broken, i feel that it is still stable.

Raunak, On what basis you measured up tomorrow's mkt, as a trending day.. Can you please share here..


Saivenkat

S

 

[SwingKing]

Just a little bit of ripple created around 2.45.. may some bulk selling could have come and lead nifty to 5458 levels, though for all technical reasons 5460 is broken, i feel that it is still stable.

Raunak, On what basis you measured up tomorrow's mkt, as a trending day.. Can you please share here..


Saivenkat

S

Let's wait till tomorrow. If am right, I will definitely share it.

Tc

 

[niftytrader99]

Friends,

Any views on Rcom and bharti? Well not just charts but I am even considering the spectrum they are going to get on 1st september for 3G..

Any views?