2013 Dairy Trading Bank Nifty Future

[PartTime_Trader]

Failure also on count of Time Out

too much time spend in sideways for a meaningful BO

Cheers
:thumb:

 

[PartTime_Trader]

 

[PartTime_Trader]

Hourly View - A never ending sideways

A classical 2-way market, a nightmare on higher time frames, nicely tradable on smaller TFs, but need to keep scaling-out in this congestion zone.

The bias is clear from the downward sloping channel . . .

Cheers
:thumb:

 

[PartTime_Trader]

 

[PartTime_Trader]

Hello

All new lows are being bought into with good volumes, very interesting phase . . .

For BNF it seems to me that if price sustains above 12750, then we ought to see a uptrend with new highs

Will post chart

Cheers
:thumb:

 

[PartTime_Trader]

One more Breakdown Failure on the hourly chart, this one at 12570,

a very nice RR trade, can scale-into above xx750 and 13k

 

[PartTime_Trader]

Gap down inside the 3:00-3:30 range,

Bias Short (as we are in congestion zone which is inside a big sideways )

Stops @ 12640

Cheers
:thumb:

 

[umeshmandal]

PTT, BNF is the flavour f the season it seems. Its catching up with Nifty! Please continue afresh this thread !