NF - Learning Swing Trading

[ananths]

I'm long in NF at 8395...SL at 8370. Tomorrow if opens higher will keep SL at 8386 (today's low). 8450-70 looks like resistance.

Stopped out.

Not getting good trades this month. Will stay away for a week and start afresh in next series.

 

[ananths]

NF breaking below 8540 today decisively makes market bearish for at least short term.

I will have bearish position as long as market closes above 8540.

 

[timepass]

NF breaking below 8540 today decisively makes market bearish for at least short term.

I will have bearish position as long as market closes above 8540.

You mean "stays below 8540" ...

 

[ananths]

I was just browsing economic times to see how the technical chart looks...:thumb:

 

[ananths]

Nifty closes lower for second week in a row; world markets suffer sharp correction; Nifty support comes around 8170, if support does not hold next level is 7955; stay short with stop above 8400

-Sudarshan Sukhani in moneycontrol.

 

[ananths]

Simple plain NS chart...looks like more downside on the card. Below todays low it looks like big dip?

 

[prabhsingh]

BankNifty has yet to start its downward movement hence its best to SHORT Banknifty.

 

[prabhsingh]

BankNifty has yet to start its downward movement hence its best to SHORT Banknifty.

17500-17600 is the BankNifty SPOT where it can go and touch.

 

[Jitendra Togadia]

17500-17600 is the BankNifty SPOT where it can go and touch.

What time frame are you looking at?

 

[ananths]

17500-17600 is the BankNifty SPOT where it can go and touch.

Today I was bit late in BNF but still managed 180 pts. :thumb: