Trading Nifty by Levels

asnavale

Well-Known Member
big players r very bad they play with sentiments of ordinary traders so nifty may recover any time
As final sentimental target of general public is already met @ 4660 so beware that nifty can now run any direction.
Especially, today being Expiry day, it will be very unpredictable. So, suppress your greed and tread very cautiously.

-Anant
 

khushi00

Well-Known Member
Hi,

Thanks for your reply. But there in support and resistance line displayed as shown in the image.

Thanks

Anil
ya just lower line is support n upper line is rsistance
Dont consider any other thing
 

khushi00

Well-Known Member
Hi,

What I am mean to say is there is no lines displayed in afl as shown in the image

Thanks

Anil
Have u backfilled properly??? :confused:
 

khushi00

Well-Known Member
im getting exactly, mam can u explain how to use this lvls for trading
No no they r not meant for trading they just to get out of trade
As many times if u had shorted then nifty try to return from support
similarly if u longed then it tries to come down from resistance
see today it moved freely till spot touched 4654
And now spot is hovering around this level
Now what should we do?
Better to get out
So these levels are meant for small traders who trade 1-2-3 lots that when a tough situation is coming
At this time only big players trade who shorted 100 lots in morning n covered almost 60 lots now and waitin for big move.
Mind it! this is the way how i trade, You are totally free to Mend it !!
 

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