Intraday NF

kthakker0

Well-Known Member
13/01/2017 Friday

Hi,

For the rally to sustain NF has to over come 8418-8423-8428 as they could become difficult resistance zone.


Bye
13/01/2017 Friday

Hi,

I see a rally from 8408 support to the mentioned levels.

These small levels are Mini Gold Mines for Options Traders.

Bye
 

kthakker0

Well-Known Member
13/01/2017 Friday

Hi,

I see a rally from 8408 support to the mentioned levels.

These small levels are Mini Gold Mines for Options Traders.

Bye
13/01/2017 Friday

Hi,

8408 is becoming a very strong magnate of sort for NF

It is increasingly becoming difficult for NF to trade over 8418 let alone sustain over it.

But even if it does the already mentioned upper resistance zone should be used to short it.

Bye
 

kthakker0

Well-Known Member
13/01/2017 Friday

Hi,

With the 1st blast over its time for wounded traders to lick their wounds.

The falling blast has created many pot hole in the rally going forward so I presume mkt to trade in a narrow range with an upwards bias but occasionally their will be some nasty fall on the way up.

Trade accordingly

Bye
13/01/2017 Friday

Hi,

The 8418-8400 narrow range is about to break on the downside

Bye
 

kthakker0

Well-Known Member
16/01/2017 Monday

Hi,

Now that the Opening Gap has been filled with NF above 8417 I presumed Day's High Price has been made @ 8424 or if any higher till 8438 will be the day's high price which will also be the near SL for any shorting on my part

Bye
 

kthakker0

Well-Known Member
16/01/2017 Monday

Hi,

8424 and 8380 has become the range in which NF is gyrating as of now

Either side breakout depends on the type of news.

With the current scene it seems that mkt is depending on the presumption of some good news (GST perhaps)

Lets C What happens

Bye
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Pre Budget rally?
 

kthakker0

Well-Known Member
Pre Budget rally?
16/01/2017 Monday

Hi,

Yea it could be, who knows as to which news is mkt watching, these days there are many news floating around, only one has the potential to turn the mkt.

But which one is it?

Any ideas any guesses?

Feel free to download your thoughts

Bye