Daily Tryst with Nifty

[MurAtt]

Yeah - today is Tragedy day -- was short on NF 2 lots @ 4298, power cut. called broker and sq off at 4296. 5 mins -- bang -- NF down by 30 pts.

 

[WOD]

Yeah - today is Tragedy day -- was short on NF 2 lots @ 4298, power cut. called broker and sq off at 4296. 5 mins -- bang -- NF down by 30 pts.

profit that you must have missed can not be compared with my profit loss....I was holding freaking 35 lots of PE....I am pissed off...

 

[WOD]

Today, waited for a trade till 2PM.....had my study done and found great -Ve divergence on 5 min...pulled the trigger but why did I entered a stop loss? NOw it will take some time for get back to the normal....

 

[MurAtt]

Today Sunil ( sir ) is not here too
Looks like mkt waiting for him - so NR7-2

 

[WOD]

You got to be kidding me.......pe 4300 @ 64.........going mad.....

 

[WOD]

Alright, got back to the normal. Lesson learned, never put a stop loss order; have it in mind and follow it sincerly....any comments....

Will be studying NR system this weekend......

BTW, from last four days, observing that even 5 min chart without any indicator is good enough for trading if you could understand logic behind the price movements.

 

[arnav_rulz]

*Edited .. Wrong post

 

[arnav_rulz]

how about sellling PE 4300 at around 22 rs now with a stop of 18........
What you think guys.....

How Could sell a Put at 22 and put the Stop loss @ 18? Shouldnt the stop loss be a price above 22 ??

tragedy happened guys.....was holding B postion on PE 4300 @ 17 and had a stop loss @ 18.5. My stop loss hit and now I am seeing PE 4300 @ 51

Same thing here.. Shouldnt your stop loss been something like 10 or 13 ie a price below 17 ??

 

[AW10]

murtaza you must heard today nifty is shifting from weighted to free float it will affect many securities & MFs are gonna adjust their portfolios some already does in last weak or so last hour can be very volatile so play accordingly.

& i am slightly bias towards long side untill we maintain 4280 for probable tgts 4470-4560

MFs will be fool to make this adjustment on last day. If those guys are smart then they should have already adjusted their positions by now. otherwise, what is the difference between a professional fund manager and novice trader who trades on news.

NSE had issued this circular long back. And Nifty Jr is already adjusted in the begining of May.

 

[WOD]

How Could sell a Put at 22 and put the Stop loss @ 18? Shouldnt the stop loss be a price above 22 ??



Same thing here.. Shouldnt your stop loss been something like 10 or 13 ie a price below 17 ??

I bought pe at 17; then had a stop loss at 14.When pe priced increased to 20 I promoted my stop loss to 15.5 then when pe price move to 24 I promoted my stop loss to 17.5...
Hope I have solved your query....