Intraday NF

30/03/2017 Thursday

Hi,

NF gives us trading opportunities and a chance to profits within the already marked boundaries.

Wounded traders are without boundary knowledge


Bye

02/04/2017 Sunday

Hi,

9180 which till recently was resistance became support on Friday and NF not only traded above it the whole trading session but closed above it.

Monday should be volatile session and perhaps it could be the last day of rally.

For me 9216 is the Sell Area. NF trading above 9219 will have the potential to trade near 9258

Bye

03/04/2017 Monday

Hi,

With the violation of 9218 mkt has shown potential to trade near 9258 but probability of NF trading in a Narrow range and next day Gap down Opening is very High.

For me, today 9224 is the SL

Lets C what happens

Bye

03/04/2017 Monday

Hi,

Only when NF trades above 9238 will it trade near but below 9258 and reverse cause it will not be able to trade above 9258.

Bye

03/04/2017 Monday

Hi,


Reversal Eminent.

Bye

03/04/2017 Monday

Hi,


Tomorrow been holiday mkt is trapping all bulls as said a Gap down opening is on the cards or at the least open will be near about today official close price.

Bye

What is the rationale for this? Most of the retailers are short, at least as per twitter, blogs and forums. And of course if it also common sense to expect the retail to be short. But how are you predicting Gap Down? It could also be a Gap up, isn't it? Trapping can happen both side. The reason is, I am not seeing any risk-off selling yet.

BTW, my volume system is telling you are right. Let see. I am out anyways. But will look forward to next days open - and if it gaps down , I am happy

This has been invalidated by the same system in last 15 mins . And currently showing excessive momentum- will it cause gap up, I don't know


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Pls refer to the charts in my thread, though i do not trade Nifty, the last 4 days have been a traders delight on the long side. More than 1000 points could be netted by going long and adding. It is a very clean trend with no weakness evident any where. Pls correct me if am wrong in my analysis. I see people all across this forum that Nifty does not give you a chance to earn nowdays. I think 1000 points in 4 days is quite good by any yardstick.