Trading Stock Futures for the day

[Gandhar.]

with not much of oi getting build up in the puts for this series + PCR for next series is not in favor of bulls.
i am presuming the top is done with all the high beta dumped in the name of rally and break out
weekly also failed to cross the trendline resistance and missed the 3ema on weekly marginally(.25 pt)

i am buying some lots of 5300pe and bnf 9100pe with sl as 6600 as lottery for election results of may

 

[Gandhar.]

3 things
1
2
3

and the DJI did not make a HH this time the one which i follow
so good point to short

 

[Gandhar.]

bnspot missed 3ema on weekly by huge margin

 

[suri112000]

bnspot missed 3ema on weekly by huge margin

Gandhar Bhai,

Now price should pull back to EMA....right? A short opportunity. Lets see what is cooking in BNF. It should be tasty enough to gulp quickly.

I am eagerly waiting for one sided move of BNF in a big way.

 

[timepass]

bnspot missed 3ema on weekly by huge margin

Gandhar Bhai,

Now price should pull back to EMA....right? A short opportunity. Lets see what is cooking in BNF. It should be tasty enough to gulp quickly.

I am eagerly waiting for one sided move of BNF in a big way.

It's a bit early to look for shorts. It could stall/go sideways and touch the ema and then resume its uptrend, considering that the year ending is right here.

Remark that the upside 315 crossover on the weekly came just 2 weeks ago.

 

[Gandhar.]

Gandhar Bhai,

Now price should pull back to EMA....right? A short opportunity. Lets see what is cooking in BNF. It should be tasty enough to gulp quickly.

I am eagerly waiting for one sided move of BNF in a big way.

yeah the price should pull back to the ema and the worst case the price has nonstop upmove to get the ema pulled up to meet it

 

[Gandhar.]

bnspot missed 3ema on weekly by huge margin

bns weekly as of today

if tomorrow closes above last week's high then most likely it would go up to meet the ema but gut feeling saying other wise

 

[Gandhar.]

banknifty spot missed 3ema for 2nd week

 

[Gandhar.]

nifty spot weekly not much good looking picture for bulls

 

[Somatung]

nifty spot weekly not much good looking picture for bulls

Here an add to this nice and simple chart. Just an idea which may not or may will occur in the coming weeks. Market will show:

http://i58.tinypic.com/2z74f0o.png