Nifty Futures Trading

reachjesal · #**191** 12th February 2008, 03:19 PM

Tht V Know .. Wht Next ?

uasish · #**192** 12th February 2008, 03:34 PM

To-Day's Low = 4772.65 & it is closing (before adjustments) at 4781.20.

uasish · #**193** 12th February 2008, 03:36 PM

Quote:

Originally Posted by reachjesal

Tht V Know .. Wht Next ?

The Long Term guys ,the Moving Average guys,when they see for 2 consequtive days Nifty Fut is below 200 DMA ,imagine what will go in their minds.

Czar · #**194** 12th February 2008, 04:02 PM

panic is setting in, very precariously poised , today was an inside day, could be a pause or bottoming, tomorrow will answer...

buy signals occur only if the candle following the one that hits the Bollinger band does not make a new high or low. This type of candle is commonly known as an inside day. The best time frames to look for the inside days are daily charts, but this strategy can also be used on hourly, weekly and monthly charts. Combining inside days with Bollinger bands increases the likelihood that we are only picking a top or bottom after prices have hit extreme levels. As a rule of thumb, the longer the time frame, the rarer the trade will be, but the signal will also be more significant.

by Jamie Saettele

sudoku1 · #**195** 12th February 2008, 04:09 PM

Quote:

Originally Posted by Czar

panic is setting in, very precariously poised , today was an inside day

volumes r spiking up on down days & drying out on rallies............!!

uasish · #**196** 12th February 2008, 06:07 PM

1st Time i am getting a possibilty since few days in Nifty Fut EoD.
Let us see to-morrow.

uasish · #**197** 12th February 2008, 06:08 PM

Quote:

Originally Posted by Czar

panic is setting in, very precariously poised , today was an inside day, could be a pause or bottoming, tomorrow will answer...

buy signals occur only if the candle following the one that hits the Bollinger band does not make a new high or low. This type of candle is commonly known as an inside day. The best time frames to look for the inside days are daily charts, but this strategy can also be used on hourly, weekly and monthly charts. Combining inside days with Bollinger bands increases the likelihood that we are only picking a top or bottom after prices have hit extreme levels. As a rule of thumb, the longer the time frame, the rarer the trade will be, but the signal will also be more significant.

by Jamie Saettele

Thks for your observation.

renu daga · #**198** 12th February 2008, 06:29 PM

hi
asish da,,
excatly the two trend lines which u have drawn are similar to mine,,,,lets see whether this support now holds or not..
but unfortunately not si ingle indicator showing rgt now nifty in eod,,,UP....seems it will again consolidate for 1/2 days at these levels and then short covering will again push nifty up,,, but now teh questin is how much ..here it must cross teh previuos high,,,then only a silver lining !!!!to this weather....but one more trend lien shows support at 4545 cash nifty
check it out pls (join th eprevious lows of 3510 and 4015....)
lets cross our fingers ,,,let see

renu

zakirhusain · #**199** 12th February 2008, 06:58 PM

Now check my observation

optionstrader · #**200** 12th February 2008, 07:40 PM

Hi Friends,

I am stuck with Nifty Feb Futures purchased at 5200...averaged at 5095..

I need your guidance , shall i average it more, hold it or book loss at 4800 or 4900.

I need your guidance, that will help me to make up my mind.

Awaiting your quickest response,

Thanks & Regards,
optionstrader