NIFTY 50 future TRENDS-Part 2

SEVEN STAR

Well-Known Member
If a day trader Trade Nifty Fut.and Makes 20-30 points a day that makes approximately 500/600 points a month
in a year unbelievable return of 6000 to 7000 points......... But.....
Nifty may move 5000 to 7000 or to 3000 in a year on a extreme condition that gives
2000 points to a disciplined positional Trader.
What stops a day trader to aim at this simple strategy? is it not possible to achieve..!!
I wish some well experienced and experts to answer and enlighten traders..
 

Rish

Well-Known Member
If a day trader Trade Nifty Fut.and Makes 20-30 points a day that makes approximately 500/600 points a month
in a year unbelievable return of 6000 to 7000 points......... But.....
Nifty may move 5000 to 7000 or to 3000 in a year on a extreme condition that gives
2000 points to a disciplined positional Trader.
What stops a day trader to aim at this simple strategy? is it not possible to achieve..!!
I wish some well experienced and experts to answer and enlighten traders..
Face of it looking good, practically not at all "POSSIBLE".

Moreover, concentrating only on Intraday, sustaining in this market is very very difficult.

I am not de motivating, based on my 18 years experience this is my view.
 

SEVEN STAR

Well-Known Member
Fibo 10 days retracement levels.. from high..5777 to low..5560

5611...5643....5668...5694

valid as long Fridays low 5560 holds.

KOLKATA: West Bengal chief minister Mamata Banerjee on Saturday appealed to arch-rival CPM and other political parties to support the Trinamool Congress' no-confidence motion in the Lok Sabha. Trinamool will move the motion on the first day of the winter session of Parliament.

If the CPM moves a no-confidence motion, the Trinamool would support it, she said.

Political unrest will see high volatility... be ready for it...
 

TheDreamer

Well-Known Member
Fibo 10 days retracement levels.. from high..5777 to low..5560

5611...5643....5668...5694

valid as long Fridays low 5560 holds.

KOLKATA: West Bengal chief minister Mamata Banerjee on Saturday appealed to arch-rival CPM and other political parties to support the Trinamool Congress' no-confidence motion in the Lok Sabha. Trinamool will move the motion on the first day of the winter session of Parliament.

If the CPM moves a no-confidence motion, the Trinamool would support it, she said.

Political unrest will see high volatility... be ready for it...
may not happen that way... Government has already commented that they have the necessary nos... Both Mayawati & Mulayam will help Congress meet the magic mark. The market may go down due to global concern but who knows... ;)
 

Arsh

Well-Known Member
Focus now is clearly shifting to the parliament's winter session which starts on Thursday as TMC has made it clear that they will move a no-confidence motion against the UPA...

The political developments in the coming days will have an impact on stock markets; for now, Sensex is up around 90 points...

It would be interesting to see who manages to get the numbers right in parliament if a no-confidence motion is moved by TMC!

The UPA has so far been confident that they have the majority in Lok Sabha...

The BJP and its allies are going to meet today to discuss their strategy for parliament's winter session
 

SEVEN STAR

Well-Known Member
spot nifty closed above 5611 next res..5643..5668
watch spot nifty 5645 sustains above and close..this level we have strong rally on hand 5777 is double top break out..sl for long trade 5580........... RIL. TO LEAD THE RALLY SL 760 SPOT ON CLOSING
REVERSAL TO START AT 5580 AND THEN LOOK FOR SUP. AT 5550 AND 5520
UPA GOVT. MAY SURVIVE BUT THE BIG QUESTION AS FOR MARKET SENTIMENT IS CONCERN WILL IT BE ABLE TO GET THROUGH FDI BILL ...IF IT FAILS THEN IT IS BIG SET BACK..AND NEGATIVE FOR MARKET..
 

DanPickUp

Well-Known Member

watch spot nifty 5645 sustains above and close..this level we have strong rally on hand 5777 is double top break out..sl for long trade 5580........... RIL. TO LEAD THE RALLY SL 760 SPOT ON CLOSING
REVERSAL TO START AT 5580 AND THEN LOOK FOR SUP. AT 5550 AND 5520
UPA GOVT. MAY SURVIVE BUT THE BIG QUESTION AS FOR MARKET SENTIMENT IS CONCERN WILL IT BE ABLE TO GET THROUGH FDI BILL ...IF IT FAILS THEN IT IS BIG SET BACK..AND NEGATIVE FOR MARKET..
I do not understand any thing what you say. Sorry.
 

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