Long or Short Opinion
- Thread starter rajputz
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Since Volatility is high now, I am feeling to write two simple ways (which you would be already knowing) to control your risks in volatility.
1. If we are trading in MAIN NIFTY future, in case you find your self confused with the market, then instead of taking any haste decision, take a opposite position in of equal quantity in MINI Nifty. The same can be used when you position in favor in big gap down days to take long. This will help to hold short position as you can square off your temporary longs after short covering. At least, we will have time to take proper decision.
2. For option trader, if one plays position option buy, then we can play in opposite position in intraday when we are not sure.
Like say if One held 5000 PUT over night and wants to hedge, could have bought 4900 call today and exit 4900 call after short covering.
1. If we are trading in MAIN NIFTY future, in case you find your self confused with the market, then instead of taking any haste decision, take a opposite position in of equal quantity in MINI Nifty. The same can be used when you position in favor in big gap down days to take long. This will help to hold short position as you can square off your temporary longs after short covering. At least, we will have time to take proper decision.
2. For option trader, if one plays position option buy, then we can play in opposite position in intraday when we are not sure.
Like say if One held 5000 PUT over night and wants to hedge, could have bought 4900 call today and exit 4900 call after short covering.
Finally after a long time i have got my buy signal on nifty. This is a famir pattern. Yesterdays fall changed whole trend into a ZLR trade, but the rise of today even with the increased volume has changed the trend over CCI. I would like to go long frm here on based on this indicator alone. If any thing happens, i will reverse the trade.
The movement of Stochastic and RSI is ok till now.
Although a close above 5080 on future can give us new heights on nifty.
When studying the market facilitation index increase in volume with decrease in MFI represents a squat. The squat is the last battle between the bulls and the bears, with lots of buying and selling but little price movement. market is ready to leap one way or the other. The key is that price movement stops on higher volume and one force will win and breakout of squat will tell us that if this is a trend continuation or the trend reversal.
Trend Decider for tomorrow remains to be 4992. above which targets on nifty can be 5043/5071/5122.
The movement of Stochastic and RSI is ok till now.
Although a close above 5080 on future can give us new heights on nifty.
When studying the market facilitation index increase in volume with decrease in MFI represents a squat. The squat is the last battle between the bulls and the bears, with lots of buying and selling but little price movement. market is ready to leap one way or the other. The key is that price movement stops on higher volume and one force will win and breakout of squat will tell us that if this is a trend continuation or the trend reversal.
Trend Decider for tomorrow remains to be 4992. above which targets on nifty can be 5043/5071/5122.
- Status
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