NIFTY 50 future TRENDS

[SEVEN STAR]

bought 5200 pe AT 27 sl 22positional

 

[timepass]

Nifty spot 5342.. will it go to 5350 or ????

 

[rajasree1]

Nifty spot 5342.. will it go to 5350 or ????

Hi TP
Can we interpret from change in OI and VWAP??

 

[timepass]

Hi TP
Can we interpret from change in OI and VWAP??

I don't read OI too well, but VWAP says that a sharp upmove is possible.

 

[sudoku1]

NF trend UP
TGT :-> 5555
Trend UP on 7th aug spot 5345

 

[Stock trendy]

nifty fut. Went down to 5170 intra day never closed below 5190 after this post.. Honestly i am not a ta or gr8 pundit of the market yet i play my trade purely on my intuition.. Just 2 or 3 trades in a month i am content with the outcome
closed my position with good profit..

just at it.. My 2nd target was 5370.. Nf high 5367...
Shorting nf at 5360 level my sl is 5420
100/120 points correction on the cards.. INTUITION

 

[KRISHXNG]

Got a query/contrarian view.
Now that the gap is filled, suppose the mkt find's it difficult to cross 5350-5360 over the next couple of days, do we take 5350 as double top and a deep decline is going to start?
Also going through the chart found a gap around 5340 in the month of April (though it was only 3-4 points gap) that was never filled. Even in the month of April, mkt twice hit 5350-5370 and then started moving down (3rd, Apr and 19th, Apr).
Disclosure - Bought some Puts (Holding overnight).

 

[SEVEN STAR]

got a query/contrarian view.
Now that the gap is filled, suppose the mkt find's it difficult to cross 5350-5360 over the next couple of days, do we take 5350 as double top and a deep decline is going to start?
Also going through the chart found a gap around 5340 in the month of april (though it was only 3-4 points gap) that was never filled. Even in the month of april, mkt twice hit 5350-5370 and then started moving down (3rd, apr and 19th, apr).
Disclosure - bought some puts (holding overnight).

shorting close to major res. Are is not a bad idea.. Sl should be in place.

 

[del_66]

The man of the house finally took all the disabled umbrellas to the repairer's. Next morning on his way to his office, when he got up to leave the street car, he absentmindedly laid hold of the umbrella belonging to a woman beside him, for he was in the habit of carrying one. The woman cried "Stop thief!" rescued her umbrella and covered the man with shame and confusion.
That same day, he stopped at the repairer's, and received all eight of his umbrellas duly restored. As he entered a street car, with the unwrapped umbrellas tucked under his arm, he was horrified to behold glaring at him the lady of his morning adventure. Her voice came to him charged with a withering scorn:
"Huh! Had a good day, didn't you!"

 

[timepass]

The index moves up... Reliance moves down.. classic. But I may not hold my puts overnight.