Nifty Key levels for day traders

[linkon7]

I got a confirmed sell signal on EOD...

but i think we'll hold 5200 today. DII and MF will want to close the FA at the highest possible NAV, so unexpectedly any sell off will happen in the first week of April...

 

[simple_trader]

Good zing for day traders. Some of the stocks and nifty and 5200 call flew like anything.

This seems to be a breakout for 5400-5420 odd level. 5180 NF remains as reversal level.

Happy trading!

regards

 

[praveen taneja]

5260-65 is the perfect and solid resistence for moving ahead for 5400 and operator close exactly at that point but good thing is april fut close above that so playing with positive mind is good like long with 5260 and put 5100 as hedge

 

[kkeskar92]

Tomorrow Nifty will open with big gap up based on higher close for DAX, FTSE and NADAQ too..thats the trick to cross the resistance instead of testing the resistance and will probably cross 5300 tomorrow.

Global markets are going up and up, also so much funds available with FII for 0.25% interest in US. It seems everybody is waiting for some bad news for profit taking, but there isnt really any.

 

[linkon7]

ghost pattern on 15 min

 

[simple_trader]

For day trading as long as NIFTY future trades above 5270, market would be positive.

Weekly higher band is very close by 5330 spot around. One must be careful in having SL in long.

So far it looks good for upside.

happy trading.

regards

 

[trader.trends]

No matter at what level we trade, Nifty always gets locked into a twenty point range for most days. Why is twenty so important a band that we spend so much time in it? No wonder I see so many posts asking if we can make 20 points in a day. What's so magical about twenty?

 

[AW10]

I guess it may be the effect of IPL / 20Twenty.

 

[praveen taneja]

as long as mkt above 5285 its safe but if 5311 is not broken uptrend would be in question from here

 

[praveen taneja]

as long as mkt above 5285 its safe but if 5311 is not broken uptrend would be in question from here

5280 broken ... now question is u consider spot or NF as diffrence is 14 pts :lol::lol::lol:
profit booking by weaker hands started as they think good not possible in two days bad we can always expect