Nifty Futures Trading

[metushar]

interesting study, murtuza....
i've not checked with nifty, but applying same calculation for nifty from 4650 to 2250, 61.8% comes to around 3735, which also is the immediate day high after 3800 broke down.
the rectangle of 3300-3500 also has the target at 3500+200 = 3700

Spot's high as of now 3680. the end of the rally is near. Logically, 3800 is the MAX it should go upto - a goodbye kiss to the earlier multi-month support (RSR) of 3800.

If one considers the bigger rectangle of 2500-3150, then here too target comes at 3800.

Sunilo Sir back yo hooo!!!

 

[Sunil]

roughly 25pts rectangle is ready now

t h a n k y o u

and to 5min BB too

 

[dhinakar113]

Glad that Sunil Sir has come back. Have been missing him for quite some time.
Thank you Sunil sir,

Regds

 

[metushar]

There is a tripple bottom in 5 minutes, target is 3675....

 

[Sunil]

remembering Neeraj with this virgin 3700 test
;-)

 

[MurAtt]

Whoa ...

What happp?
3645 immdt Supp // 3670 immdt Res on 1 min NF.

Update on trade: Bot 1MNF@3660 and 1NF@3660.
Sq off MNF@3670, holding the NF.
Lets see where we are headed ....

3680 - indecision level. Mkts taken a pause ...

Sq off the NF @ 3667. Mkts going down ....

 

[taqtrader]

Missed this WW on 1 min in NF.

this one is not wolfe wave .

now look at this

 

[taqtrader]

here is right one

 

[praveen taneja]

As nifty fut is trading at pivot taking 3700 put n call at 153 & 204 lets see..........

 

[metushar]

Extremely agile Praveen....