Nifty Futures Quick Flip Overview

Nifty Futures quick flip is continuing its uptrend since 31st Oct 2018 onwards so far current buy signal completed 6 trading session or 1785 minutes. Comparing with the historical holding period (2011-2018) for Nifty futures quick flip had 74 occurrences out of 1142 trade where its holding period exceeded beyond 1750 minutes.

Quick Flip Holding Period Distribution

Going by the data points there is only 6.4% of odds that this long setup is likely to continue and higher possibilities i.e 93.4% odds that mean reversion is likely towards 10500 levels or in worst case lower towards 10370. Also 6 extreme indications witnessed in the current uptrend which is also larger by any means. Muhurat trading session ended with extreme indications.

The green bars in quick flip signifies momentum bars. If the shorter term momentum uptrend to change then a sustaiable price activity below 10582 confirms the high probability mean reversion odds.

Related Readings and Observations

Nifty Futures – Downtrend Sentiment Continues – September Expiry Nifty futures Mondays weakness spilled into Tuesday's session as well. Call writers at 11800 are stable for this series. Nifty managed to break and close down below previous week low […]
Nifty Futures – Volatility is the Keyword – October Futures October month started with high volatile movement in Nifty Futures where it swings between 10857 - 11090 during Monday trading session. But don't be surprised with such sort of wild […]
Nifty Futures – Extreme Negative Sentiment Emotional selling prevailed during the Tuesday's trading session intensifying in the last 1 hour of the trading session. Emotions are running high among the traders as intraday volatility […]
Nifty Futures : Momentum Traders are Back in the Game Nifty futures bounced higher with short-term momentum players in control on Friday evening. Short term momentum play is witnessed at Friday low and 2 day high where momentum traders piled […]
Nifty Futures – September Futures – Intraday Volatility Continues Nifty Futures intraday volatility improved much better with trendy modes coming with wild swings thereby, keeping traders in busy mode throughout the day. Daily ATR levels improvised to […]
Nifty Futures – Trading Remains Range Bound – September Expiry It is a volatile Thursday where Nifty futures traded in a sideways mode with increased volatility and wild swings and price manage to close around support zone 11545. Trading sentiment […]