Daily Tryst with Nifty

[myvineet]

triangle in nifty .....

 

[Sunil]

SM, your triangle updated:

 

[myvineet]

BO expected above 4275...

my views

 

[Sunil]

4250 is obviously 50% ret between 4350 & 4150

interesting figures:
38% = 4225 (today's low)
62% = 4275 (AAAAAAAAAAAAGGGGGHHHHHHH)

 

[Sunil]

i can only see 4300 (even 4350 possible) beyond 4270-75

patience vasool

THANK YOU, NIFTY

observing 20SMA in 1min, and key 20SMAi n 5min


Only for NR4-2 (picture thodi baaki hain)
0.5% from 4275 = 4296
1.0% from 4275 = 4318

 

[myvineet]

bearish engulfing in 5 min......

 

[MurAtt]

Sorry guys - was out for lunch - missed all the fun BUT had 4300 calls and 1 RIL call -- so still in the game.

Acc to Triangle -- 180 pts for the taking from 4280 comes to 4460!!! That's a pretty Big Order unless I'm mistaken somewhere ...

My target ok?

 

[taqtrader]

Sorry guys - was out for lunch - missed all the fun BUT had 4300 calls and 1 RIL call -- so still in the game.

Acc to Triangle -- 180 pts for the taking from 4280 comes to 4460!!! That's a pretty Big Order unless I'm mistaken somewhere ...

My target ok?

that is pretty big tgt
well i do not trade triangles so can't comment on that but would suggest to use trailing SL & book partial profit here.

 

[MurAtt]

Moving down -- Short 1 lot NF 4398 with the 4300 calls acting as a hedge (as they are ITM)

 

[Sunil]

patience vasool

THANK YOU, NIFTY

observing 20SMA in 1min, and key 20SMAi n 5min


Only for NR4-2 (picture thodi baaki hain)
0.5% from 4275 = 4296
1.0% from 4275 = 4318

took support at 20SMA in 5min
picture over, for NR4-2