NIFTY 50 future TRENDS

[baludalal]

very useful, realistic discussions. one of the best ones i have seen these days
pl. carry on

 

[SavantGarde]

TP,

It has nothing to do with sufficient funds...or averaging down..... if one is not over leveraged can always get into some quick trades....

Moreover...illustration has nothing to do with averaging....when I did get into... 3 July Lots at various price...... it was purely from the fact that I saw the upmove coming.....so tried to milk as much as possible out of it..... I could have even picked up 20 lots......but I always spread my trades over 4-5 different Futures....

SG

and has sufficient funds and time to keep averaging down, I suppose.

 

[NANDAMAD]

I had a look at your thread.... guess you are PE man.... Good Luck To You... !!!

Don't think Sudoku's predictions have anything to do with PEs

Personally I have never been interested in any sort of PE of Index or Sector...or Companies..... even if it interested me.... I don't have the necessary qualification to be able interpret or even find how it has been manipulated....

Like Sudoku said...market is driven by FII...that is only half the truth....Market moves a manipulated through unholy alliance of FIIs & DIIs......

Scams...are a different ball game altogether


Anyways these unending topics.....will require several hundred pages to unravel each and everything.....perhaps someday....when I develop some sort of liking for Typing...

SG

May I take a months leave and come over to you to undertake typing work?
Your words are so soothing.

 

[trader.trends]

TT,

Market Structure.....

1) Identify the type of participants at that point of the market
2) Look for psychology being adopted.....
3) Look....for unusual or above average positions in Options...



SG

How do we do this? The third point is easy. How about the first two?

 

[SavantGarde]

Hi NANDAMAD,

It is better to land up..... and trade while I am trading......because words will take time to sink in...and even more time..... translating them into profits.....

By the way Anant has briefed me about the background in Goa...

I still have the Portfolio.... sent by Anant to me ....suggest that Portfolio not be touched.....for sometime....

Regards As Always

SG

May I take a months leave and come over to you to undertake typing work?
Your words are so soothing.

 

[stock72]

SG,

seems a sudden increase in your appearance ..... means market bullish ? ... wait let me wear my personal protection equipments ....

 

[SavantGarde]

TT,

First will require time...provided you have the right scrips/futures on your watchlist....

While the second one doesn't require rocket science to identify.....

Let me digress a bit on the second point with an example....

Think it was last week... when U.S. market closed +202 points...... what happened to our markets the following day.....went down quite a bit.....now what exactly transpired was most players jumped in on the long side....therefore it was evident that smart money would pull the market down... now for the small players having burned their hand on that day...whereas Thursday remained rangebound with a slight negative closing...then again...on Thursday... U.S. market closed nicely on the upside.....and what unfolded was that small players didn't jump in perhaps many must have shorted it too.....but our market just kept going up...with a bit of short covering & rollovers......

Short covering ...indicated that Bears are reducing in numbers.... but rollovers on the Long side of the next series...indicating.... market still has upside....
This could be also for some important players being privy to the FDI & RIL/BP clearance...... before the news was out in the evening....

RIL/BP deal clearance was a foregone conclusion...because Government...has so many FPOs lined up which are already delayed from its initial schedule...that it was necessary...to give a positive impetus to the markets and FIIs in particular......

Folks we have hijacked Sudoku's thread discussing anything but Intact targets of Sudoku...please post your comments in the mother thread....Please.

Sudoku..My sincere apologies for hijacking this thread....will move the posts to the mother thread in a while....

SG

How do we do this? The third point is easy. How about the first two?

 

[SavantGarde]

Hmmm...you should have read some of the posts in the mother thread from wednesday onwards...... anyways don't use my comments to buy a truck load of CEs.......................

SG

SG,

seems a sudden increase in your appearance ..... means market bullish ? ... wait let me wear my personal protection equipments ....

 

[PGDIMES]

Hmmm...you should have read some of the posts in the mother thread from wednesday onwards...... anyways don't use my comments to buy a truck load of CEs.......................

SG

:rofl::rofl::rofl::rofl::rofl:

 

[timepass]

Imagine some one kept on buying stocks like unitech Suzlan. When these stocks where trading at much higher levels fundamentals of these stocks where suppose to be good.
This exposes the very high risk involved in stock trading or investments. I think one have to plan to exit at some point where losses or no more accepted trading in a particular script. This is my view but I have great regards to SG's observations and comments.

Well, as I gather from SG's reply (quoted below), he believed in the coming uptrend so well that he took his position in the scrip and used the downs for "buy on dips". A lot of traders, even if they see an uptrend coming, would have waited for the bottom to be formed and a reversal happen before taking a position. SG took the position early and brought his average price down, thus increasing his profit margin... Very good strategy, and confidence in his chart reading.

TP,

It has nothing to do with sufficient funds...or averaging down..... if one is not over leveraged can always get into some quick trades....

Moreover...illustration has nothing to do with averaging....when I did get into... 3 July Lots at various price...... it was purely from the fact that I saw the upmove coming.....so tried to milk as much as possible out of it..... I could have even picked up 20 lots......but I always spread my trades over 4-5 different Futures....

SG