Day Trading Stocks & Futures

Jai Mata Di

Jai Mata Di

Well-Known Member
#13,431
#13,431
re: Day trading Nifty & Banknifty Futures

pratapvb said:
Wed RBI policy so anyway dhamaka day
Click to expand...
Dhamaka day can happen tomorrow also (even at opening ;) ) bcoz of this critical tech support level. You'll easily find it if see price action (patterns recognition) in 30min & hourly chart (Just see Nov 29 and Dec 4th NIFTY SPOT charts). :)

I always note down such imp levels from earlier charts, today got handsome profit twice (in very bad range bound day) when nifty tested that support and bounced back twice. So just alerted friends here.

And there was another big support from Nifty Future chart also, which also coincided when Nifty Spot reached 6150. It is easy to find also. :D


Happy Trading,
Cheers.
 
Jai Mata Di

Jai Mata Di

Well-Known Member
#13,438
#13,438
re: Day trading Nifty & Banknifty Futures

How many trader friends remembered and used following levels today? :lol:

61.8% RETRACEMENTS OF THE BIGGER SWING 5983-6480 IS AT 6172.85 [almost days low, tested twice] .

Got handsome profit today bcoz of this. But most of friends forgot to note down such important levels before start trading.

Nahi to phir bhi intraday profit haath se nikal jayega. Sometime market also reverse gap up against the trend after hitting such critical Fibo Level. Next time be alert. :)

Best Wishes,
Happy Trading.
Cheers.
 
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