NIFTY 50 future TRENDS

[manoharpillai]

Intra day spot nifty levels

5,090.33-5,080.00-5,069.67
5,054.00
pivot-5,038.33
5,017
5,002.00-4,986.33-4,960.33

 

[TheDreamer]

yes thats true, but how can one adjust/manage a naked short gone wrong?
(asking on a learning note)

Let's first see your profit/loss potential of your options position...

Uploaded with ImageShack.us

You have created a very highly risky position beyond 5150 at expiry on the upside.

Now let's look at your shorting spree... Your average short of 5000CE at 44.39 shows that it was done when Nifty Futures(NF) was near 4800... so what was your stop-loss in mind for this position? Or when did you think of legging in, if required?

You shorted 5100CE again at 45.70 avg. when NF was around 4900. Why?
You were already in deep mess shorting 5000 CE as nifty was traveling fast. Then why again going for short? It shows that you have no back up plan. You are blindly shorting CEs...

Yesterday when NF was at around 5020, you panicked & created more position in next month contracts... Why?

My suggestion would be to get out of 5200 CE at once if nifty goes below 5000 and book some profit (as your position will be badly hurt above 5150)...
Wait for NF to drift towards 4940 to book profit in 5100 CE as well as cut positions in 5000CE of both sides symmetrically... Below 4920, book loss in your 5000CE long and wait for time decay to eat all the premium in 5000CE short with adequate stop-loss (or combining it with some other option strategy)... I hope you will get out of this deep mess this time & please do proper home work before taking naked short positions in options next time...

 

[KRISHXNG]

Does 3EMA not touching the daily candle signify anything? Because the last few times it happened the direction of market changed like 23rd, May....29th, May...04th, June.

 

[4209211]

Does 3EMA not touching the daily candle signify anything? Because the last few times it happened the direction of market changed like 23rd, May....29th, May...04th, June.

Yesss Bro Yessss the first basic of TA if any security doesnot touhes 3EMA it has to do in 3rd daily candle best eg see Infosys Tata motors or just see IGL u will understand
after a fall with a gap in 3rd daily candle do touhes 3 EMA

 

[4209211]

if we dont break our todays low and trade above 5005 on fut then buy today is a real choppy day guys ...............
so guys and gals be ready for some real swings
real trend only comes if we trade below 4988 for 15 min then dip upto 4967-70 in minutes and also a sharp reversal also from these lvls
so the best funda is sell on rise and buy on dipsss
only serious traders r welcome today kamjor dil walon aaj jaake soo jao

i closed all my shots @ 4994 and now looking for a sell around dayy high wont be writing much as i am little busy am out for bride hunting but will update all swings if possible

 

[4209211]

btw i brought ril infra and axis bank as todays stocks
ril infra @483.3 now too high but axis at 1043
500 tgt on rel infra and chats r good of Rcap so positional taders can keep in for few days
i bot today @ 334 for positional tgt of 356-370

 

[manoharpillai]

Bnf intra day levels

9845.64 9870.45 9895.30 9920.18
9820>up
9776>down
9756.44 9731.75 9707.10 9682.48

 

[4209211]

if ril dipps below 705.50-707 in cash so i an confirmly say that it is about to start a own bear mkt of itself so watch out fo these lvls just only thing we want is followthru if it happnes then keep sl of todays high and sell ril

 

[jassinko]

only serious traders r welcome today kamjor dil walon aaj jaake soo jao

wont be writing much as i am little busy am out for bride hunting but will update all swings if possible

brother, tumhe phir to majboot dil ki jaroorat hai aaj............. for bride hunt

i know its tooooo difficult to find the right one.....but All the Best to u :thumb:

 

[Sultaan]

if ril dipps below 705.50-707 in cash so i an confirmly say that it is about to start a own bear mkt of itself so watch out fo these lvls just only thing we want is followthru if it happnes then keep sl of todays high and sell ril

there are many nifty stocks which (including daddy RIL & nifty) itself which have or are trying to make bullish weekly eng. if mkt sustains till fri & next week we watch if eng effect triggers...:thumb:

:thumb: