Daily Tryst with Nifty

[ag_fx]

I agree with scalping thing....
but you know, to get into a trade (not a scalp) you should be having atleast 20 points gain probability otherwise you will end up giving profit to broker....

Not really buddy...my cost(total) for one round trip of 1 lot of NF is under Rs 75. so in case i make 10 points, i still end up +425.

 

[MurAtt]

WOD bhai -- just logged in -- u've hit Jackpot :rofl:

 

[WOD]

WOD bhai -- just logged in -- u've hit Jackpot :rofl:

Yup SM, by grace of TA.......but not cashing in today...will keep open on monday..let the profit run....

 

[WOD]

Bear flag formation in nifty on 60 min ..may be a 70 point dip from 4060 i.e 3990.....lets see.....

anyone with me?

hurray target of 3990 achieved....cheers guys...

 

[MurAtt]

take a 3900 call as a hedge maybe - what say?

 

[WOD]

take a 3900 call as a hedge maybe - what say?

me short on capital SM...

 

[WOD]

Not really buddy...my cost(total) for one round trip of 1 lot of NF is under Rs 75. so in case i make 10 points, i still end up +425.

Alright...but forgot to tell you my main problem.....I am not full time trader.....its just tha dont have much work pressuere hence coming on forum frequently nowdays.......but otherwise can not take beyond 2 trades per day...

 

[MurAtt]

Actually the above post was in a hurry -- 3900 wud not help -- a hedge - 4300 or 4200 wud have been mucho better.

Missed Sunil (sir today -- wud have been mucho helpful today if he had been there .... some moral support for us 'the learners ...'

"Hum aapke peeche khade hain " - Sunil

 

[WOD]

Actually the above post was in a hurry -- 3900 wud not help -- a hedge - 4300 or 4200 wud have been mucho better.

Missed Sunil (sir today -- wud have been mucho helpful today if he had been there .... some moral support for us 'the learners ...'

"Hum aapke peeche khade hain " - Sunil

Dear SM, for that matter I am still holding my 4400 CE......this may act as a hedge for me ( I am skeptical though).....

 

[MurAtt]

It's a HUGE bearish engulfing candle on the Weekly

God knows where we'll land up next week though unless this pattern too fails like all the previous 3 days patterns
(though I doubt it will fail coz its on a weekly)

Only solace now is that 3962 MAY give support as

"On the post election circuit day, July NF (3rd month), low was 3965, and it is a good area to take support." - Abhijit on TI Yahoo Group

Pls do not ask who Abhijit is - he's someone whose TA I follow too as I do here on TJ