Nifty Futures Trading

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Sunil

Sunil

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#6,094
#6,094
Re: Time to Stick my Neck Out ,Nifty 7300

Atleast SPOT should close above Friday's High of 4563 to have some hope of continuation of upmove. Future's discount has reduced too. But today's volumes & European markets give out an unclear picture...
 
Sunil

Sunil

Well-Known Member
#6,096
#6,096
Re: Time to Stick my Neck Out ,Nifty 7300

Some important US financial companies' results are expected this week:
Lehman Bros - Monday
Goldman Sachs - Tuesday
Morgan Stanley - Wednesday...
 
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uasish

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#6,097
#6,097
Re: Time to Stick my Neck Out ,Nifty 7300

As such Mkt is presently in LH LL mode in 10 mins chart ,friday is too far away.
 
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sunbim31

Active Member
#6,099
#6,099
Re: Time to Stick my Neck Out ,Nifty 7300

uasish said:
As promised on Saturday to show on Live chart a UpThurst set up & why it is the safest
place to short,probability of these trade to win is favourable.


The 1.15's bar in 1 min,look at the Vol of that bar more than avg,look at the close it is below 50 % range;
now what do we have ...........that the Upmove from 1.13's bar 2 good white candel then suddenly huge vol &
the candel failed to close above 50% range.
This is 1st Warning of upmove may fizzle out.
Then i was searching for an Upthurst Bar with LESS VOLUME & CLOSE ABOVE 50 %,it happened on 1.21's bar !!
So set up complete hence S H O R T .
Click to expand...
Thanx Asishda
Well said as example given in our small conference on saturday. Hope , me debashish & all others will learn the trick
Sunando
 
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lvgandhi

Well-Known Member
#6,100
#6,100
Re: Time to Stick my Neck Out ,Nifty 7300

uasish said:
As promised on Saturday to show on Live chart a UpThurst set up & why it is the safest
place to short,probability of these trade to win is favourable.


The 1.15's bar in 1 min,look at the Vol of that bar more than avg,look at the close it is below 50 % range;
now what do we have ...........that the Upmove from 1.13's bar 2 good white candel then suddenly huge vol &
the candel failed to close above 50% range.
This is 1st Warning of upmove may fizzle out.
Then i was searching for an Upthurst Bar with LESS VOLUME & CLOSE ABOVE 50 %,it happened on 1.21's bar !!
So set up complete hence S H O R T .
Click to expand...
Great help to us to learn from you in practical way. Thanks.
 
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