Daily Tryst with Nifty

[WOD]

All high pivot lows and high pivot highs......clearly upmove...indicating a 4200+ close and a way for me to get out of PE....

 

[lazytrader]

LT....Puts priced are not falling with spped which markets falling now!!!

Nifty is stalling.. have to watch for further movement

 

[MurAtt]

vineet, me out

will join u below LOD
as per Pride's

Sirjee - LOD -- mkt 4200+ and no signs of fatigues as such.

 

[WOD]

Me out of my PE's @251.....finally got rid of those.......will renter if fall below 4130...

 

[Sunil]

Risking small portion of today's profit - fading this upmove with OTM call, placing SL at 4225 (good PH + 50% ret.) - also 50DMA at 4225 & 20DMA at 4235
will be happy even with 4150

 

[Sunil]

Sirjee - LOD -- mkt 4200+ and no signs of fatigues as such.

post was meant only for vineet - and was very valid at that point of time...

check out today's classical action of 20SMA in 5mn

 

[arnav_rulz]

According to Gap close theory.. taken a short @ 4222 And Stop as 4233

 

[WOD]

According to Gap close theory.. taken a short @ 4222 And Stop as 4233

Wat is this gap close theory?

 

[arnav_rulz]

http://www.traderji.com/technical-a...fty-futures-trading-thread-13.html#post265895

Its just that when nifty fills its previous intraday day gap we may reverse our positions with the high of last 1-2 hr bar + filter as stop.

Today nifty filled its gap created after a gap down on 8th July So my stop is high of Nifty spot At 2:30 which is 4224 + filter..

I dont have many reasons for this theory.. But with very less risk its generally paid me well..

 

[MurAtt]

All Gaps (except Runway gaps) HAVE TO BE FILLED. So in anticipation of filling todays gap up and y'day's gap up and the Election day gap-up, he has shorted NF.

Right Arnav?