Nifty Futures Trading Strategy

[Neal]

TradingSystem,

Good work. You are among the few that is fearless to openly post your trading signals everyday. I want to see it over the next one month and then give my final comments.

 

[tanewbie]

nifty futures chart -60 mins chart

 

[TradingSystems]

nifty futures chart -60 mins chart

Correct tanewbie,

With a hammer formation and a bullish diversion on the hourly chart we could see a short term turn around! However the overall long term trend still remains bearish (see attached chart).

 

[tanewbie]

updated nifty hourly chart. next target is 2003 and 2012

 

[TradingSystems]

See attached chart.

 

[anjaynay]

TradingSystems,
According to your chart is this a buy time.

 

[kannamthanam]

As per my understanding of the trading system being talked about by 'TradingSystems' nifty (spot) has to close above 2047 to give a buy signal.

Mr TradingSystems, please confirm whether this observation is right -

Best regards

K Kannamthanam

 

[TradingSystems]

See attached chart.

 

[tanewbie]

updated Nifty ftrs hourly chart

Nifty crosses 50 ema in style (eod)

 

[TradingSystems]

See attached chart.