General Trading Chat

[TraderRavi]

NF premium 18/20 now

 

[vikas2131]

europe is going to open over 1 %...market may rally...

 

[TraderRavi]

europe is going to open over 1 %...market may rally...

only DAX in +ve, FTSE may open in red.

 

[TraderRavi]

may be some upside till 67.5-68, more than two rs fell in last 2 weeks.

so far upmove of 25 paisa from low today

 

[WaveSurfer]

Today we need close above 7485 to give 9th day of sell set up in Sequential ....looks almost certain as of now.

On 9th or 10th day market makes a short term top and goes in a correction. Let us see what it does this time....

Smart_trade

Why not use TD setup for trend trading in direction of 100 sma ?
Currently it's sloping down. You get a TD setup. Short the market and put a stop at the high plus the range of the biggest bar in the setup.

I had a visual look at NIFTY chart and found some setups like that which worked very well.

Just an idea that i am tossing.

 

[arsh22g]

europe is going to open over 1 %...market may rally...

I don't think absolute levels of spot open matter, the move is already priced in the futures, and hence in the NF. IMO, what spot does after open is relevant.

 

[Somatung]

Here just for educational purpose a little update on this. If some one would have implemented a "Long Straddle" at the black horizontal line with for example 7500 put and call, he could protect around the down trend line his call leg by adding a short 7600 call and now wait for confirmation until a new move up will come. Until then the call leg is safe and the put leg can work.

 

[TraderRavi]

europe is going to open over 1 %...market may rally...

DAX over 10000 :lol:

 

[vikas2131]

DAX over 10000 :lol:

i said may rally... bec our market did not rally last friday either...

 

[arsh22g]

Nifty is very reluctant to go up. FTSE has spiked 50 points while Nifty around 30. Usually it's the other way around, small movement in FTSE makes Nifty crazy.