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Nifty futures trading

Discussion in 'Technical Analysis' started by sainath85, Mar 28, 2013.

  1. shabbir

    shabbir Administrator Staff Member

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    Yes why not.
     
  2. krasquinha

    krasquinha Member

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    Shabbir,

    To trade options intraday, do we need to refer the Future intraday chart or options chart ? And i think 1 minute is the best time frame for Nifty options because of high volatility .

    Please comment.

    regards,
    Kiran
     
  3. sainath85

    sainath85 Member

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    Hi Shabbir, could you please help me in analyzing Nifty chart? i am unable to understand how markets are behaving. BTW.. nice DP Shabbir. looking good :)
     
  4. shabbir

    shabbir Administrator Staff Member

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    No trade zone as of now.
     
  5. sainath85

    sainath85 Member

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    @shabbir- I feel is Nifty breaks down 5750 levels today, then we could see 5620 and 5500. What is your view?
     
    Last edited by a moderator: Jul 16, 2017
  6. shabbir

    shabbir Administrator Staff Member

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    Exactly and I see the breakdown as a big possibility because of fast slide in USDINR as well.
     
  7. sainath85

    sainath85 Member

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    @shabbir- perfect prediction from you. Nifty is way below 5750..if this sustains, will the next target be 5600?
     
    Last edited by a moderator: Jul 16, 2017
  8. shabbir

    shabbir Administrator Staff Member

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    Yes it seems so.
     
    Last edited: Jul 16, 2017
  9. sainath85

    sainath85 Member

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    Shabbir- are these small rallies in nifty, an opportunity to short?
     
  10. shabbir

    shabbir Administrator Staff Member

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    Of course. In this big downtrend. Rallies are your best bet to go short and make tons of money from market.
     
    sainath85 likes this.
  11. sainath85

    sainath85 Member

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    what a move today..seems more downside possible
     
  12. shabbir

    shabbir Administrator Staff Member

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    Perfect shorting time. :D
     
  13. sainath85

    sainath85 Member

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    @ shabbir- as expected Nifty below 5600. What is your view now?? Has the nifty bottomed out?
     
  14. krasquinha

    krasquinha Member

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    I think Nifty will bounce back from here ...
     
  15. shabbir

    shabbir Administrator Staff Member

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    Negative.

    May be or may be not but I would like to see a W before I would go long. Bounce back may be based on short covering and then retail investors being trapped.
     
  16. sainath85

    sainath85 Member

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    Do you think it would be a trend reversal bounce back or small rallies in bear market?
     
  17. sainath85

    sainath85 Member

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    I too feel the same. 5550/5500 would be an important level

    [​IMG]
     
  18. krasquinha

    krasquinha Member

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    Hi Shabbir,

    but do we expect to get W pattern always ....

    Regards,
    Kiran
     
  19. shabbir

    shabbir Administrator Staff Member

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    In sharp falls, most of the time and if there is no W then there is a tepid time when the nifty does almost nothing.
     
  20. krasquinha

    krasquinha Member

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    If think nifty will rally up to 6050 and pullback upto 5850 ... and then wait and watch for the breakout of 6350 .. if nifty moves toward 6350, then it will form a W pattern ...Please comment ...

    Regards,
    Kiran