Daily Tryst with Nifty

[rider.royal]

Aclose above 4100 is good for bulls moral lets see

Loooks like mkt is going to close above 4100 :thumb:.... will slaughter a few bears before going down again..

 

[WOD]

4113 now target 4250 soon mkt is not in negative mood check ur chart n -ve divergence it might be +ve till now:rofl::rofl::rofl::rofl:

Yup, triangle failed and -ve divergerence did not help either.....Looks like shorts are being taken out before large downside move......lets see....

Still believe 3700 or atleast 3800 is on cards....

 

[praveen taneja]

Loooks like mkt is going to close above 4100 :thumb:.... will slaughter a few bears before going down again..

Ya it look like its in modd to take revenge from bears:rofl:
In the morning mkt was at 15-20 discount n now its at premium of Rs 2:clap::clap:

 

[WOD]

Loooks like mkt is going to close above 4100 :thumb:.... will slaughter a few bears before going down again..

Exactely....:thumb:

 

[praveen taneja]

Yup, triangle failed and -ve divergerence did not help either.....Looks like shorts are being taken out before large downside move......lets see....

Still believe 3700 or atleast 3800 is on cards....

shorts are still waiting for a downside:lol:
tomm above 4141 short covering can take mkt to 4180 which is real resistence for nifty:thumb:
4120 taken out

 

[lazytrader]

Hold till 4135 on NF. Maybe a small loss BUT the downmove, if any, after that will give enormous returns coz it will then touch 3850-3800-3700.

If it goes higher then

I had bot a 4K put today morning at 88 and sold at 96. Then bot 2 calls 4100 at 88, cmp 107. Sold one at 110 and the other keep Trailing SL.
So part of the loss of the PE is made up by the CE on upmoves ....

Placed SL at 109 with selling at 108 for the second call

You bought at 88 and sold 96 how you made loss?

 

[lazytrader]

4113 now target 4250 soon mkt is not in negative mood check ur chart n -ve divergence it might be +ve till now:rofl::rofl::rofl::rofl:

Agree. The close is very bullish.
There were 2 good chances early in the morning and mid-day to book profit on puts.

 

[lazytrader]

Yup, triangle failed and -ve divergerence did not help either.....Looks like shorts are being taken out before large downside move......lets see....

Still believe 3700 or atleast 3800 is on cards....

I read somewhere.. A trader should be like a mercenary who always fights for the winning side. You can always short at a higher level.

Not when the bulls are doing like this :gun2:

Anyway those who are holding will need to take an informed decision tomorrow looking at tomorrows opening and news in US tonight.

 

[MurAtt]

You bought at 88 and sold 96 how you made loss?

Ahh-- LT bhai --- 4200 put bot at 208 (on wednesday / thursday - don't remember clearly), touched 324 and now at 160 - 2 lots
was waiting for 3850

 

[WOD]

I read somewhere.. A trader should be like a mercenary who always fights for the winning side. You can always short at a higher level.

Not when the bulls are doing like this :gun2:

Anyway those who are holding will need to take an informed decision tomorrow looking at tomorrows opening and news in US tonight.

Yup LT.....you are right......I need to take a decision tomoro....frankely I am tired of holding this position for so long now......


Only hope is now US markets....Nifty is somehow following Dow Jones in recent days...lets see...
Thanks...