Daily Tryst with Nifty

[rider.royal]

NF closed at 4240, does that count?

 

[praveen taneja]

Stop hit.

Don't you think 11 pt SL is too small?

Can be small for us but genious player like sunil bro n arnav bro it is more then enough:thumb:

 

[praveen taneja]

NF closed at 4240, does that count?

Ya it can be but have to watch Dow and eu mkts n those are suggesting Praveen teri to nikal padi:clap::clap:

 

[MurAtt]

@RR - There will be adjustment and it will close lower

@WOD - I too had sold my 4200 n 4000 PE and entered CE today, 1x4200 and 1x4300.
Sq off the 4300 (90-67-4=33bucks profit) adn bot 4400CE at lower price (54/-) holding the 4200 with 40bucks+ profit.

Just at EOD, bot back the 4200PEs at 20rs lower, if mkt moves up tomorrow then I sq them off and keep the CE else sq off the CE and keep the PE.

With ME and YOU - Understanding the trend and indicators are not a problem at all I think. Smaller profits is also not a problem. It is the exiting of bigger trends and the targetting of a certain prices textbook style which I think is the problem.
Will work it out on that -- y'day bot a Chambal Fert call at 2.55. Sq off today at 3.10

 

[WOD]

With ME and YOU - Understanding the trend and indicators are not a problem at all I think. Smaller profits is also not a problem. It is the exiting of bigger trends and the targetting of a certain prices textbook style which I think is the problem.
Will work it out on that --

Sure we will work out the things....no turning back now.....we will become successful traders for sure.....

Every person that is part of this thread will be witness of our success story as traders and that is my promise and offcourse that should take less than 19 years or rather months (marriage is on cards after 24 moths )...

 

[lazytrader]

So does that mean I have taken a wrong decision of selling my PE's and that I should get them back again?

You still have a bearish mind set. After all you have been hold the puts for too long

I feel a better question would have been about getting CE. If you haven't noticed I have a bullish bias I am hold a few equities. Need to get rid of them also.

Tomorrow time to take fresh call, 300pt retracement done and nifty hasnt left any head room for tomorrow, keep an eye out for us data. Unless we breakdown below 4200 I think we can expect a narrow range tomorrow.

 

[praveen taneja]

Sure we will work out the things....no turning back now.....we will become successful traders for sure.....

Every person that is part of this thread will be witness of our success story as traders and that is my promise and offcourse that should take less than 19 years or rather months (marriage is on cards after 24 moths )...

God bless u both
I pray u become good trader n help people like me who dont know what is chart etc
I think untill all shorts are covered mkt wont fall n closing will b unexpected can b around 4450 too n much awaited gap filling can be next mnth before indipendence day so after booking profit they buy at lower for all bogus claims to b made at speech of Singh is King

 

[WOD]

You still have a bearish mind set. After all you have been hold the puts for too long

I feel a better question would have been about getting CE. If you haven't noticed I have a bullish bias I am hold a few equities. Need to get rid of them also.

Tomorrow time to take fresh call, 300pt retracement done and nifty hasnt left any head room for tomorrow, keep an eye out for us data. Unless we breakdown below 4200 I think we can expect a narrow range tomorrow.

I had noticed that you have strong bullish mindset.....and I think you were sure enough to get back to these levels from below 4000.....

To be frank, yes I am a bear and was always been a bear every since entered in FO.........Its jus that retracement of levels was never on my mind as first time I went short in recent bull runs (about 4 months back), I never got theose levels back to breakeven the things.....and similar was the case eery time I went short thereafter.....

I think the biggest challenge that I have right now is to get rid of this excessive bear mindset....Interestingly....Everytime I had CE and went long in futures I made cool profits.....

 

[praveen taneja]

I had noticed that you have strong bullish mindset.....and I think you were sure enough to get back to these levels from below 4000.....

To be frank, yes I am a bear and was always been a bear every since entered in FO.........Its jus that retracement of levels was never on my mind as first time I went short in recent bull runs (about 4 months back), I never got theose levels back to breakeven the things.....and similar was the case eery time I went short thereafter.....

I think the biggest challenge that I have right now is to get rid of this excessive bear mindset....Interestingly....Everytime I had CE and went long in futures I made cool profits.....

No one is bear or bull in this mkt:thumb:
only ghost with this name live in our mind
when sentiment up all become bull n when down all bcome bears
innocent people and trader take train always late so when they were buying call people were buying 3500 put and now when nf will reach 4400 people will start buying 4800 call:rofl::rofl:

 

[WOD]

God bless u both
I pray u become good trader n help people like me who dont know what is chart etc
I think untill all shorts are covered mkt wont fall n closing will b unexpected can b around 4450 too n much awaited gap filling can be next mnth before indipendence day so after booking profit they buy at lower for all bogus claims to b made at speech of Singh is King

As I have always seen you mentioning that you dont read charts.....I wonder what if you could have been a good chart reader....then I think that you could have been a billionair then...hats off to you for surviving in these markets for more than 19 years and continuesly makeing those good profits without chart reading (your intellectual must be be far more greater than I possibly could ever have).....

Long live PT.....