NIFTY 50 future TRENDS

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sunny_cool

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You are bloody doom-n-gloom addicts! :p:rofl:

Eagle bhai to ye sab kya hai.... Sabko nifeveria & niftache hai :rofl:

4780 nahin bhai. 4771. Uske baad dekna main kya lapa-lap bearish dishes pesh karta hoon aapki khidmat mein! :D

(film se chota sa interval liya, atma bhai)
What the hell... Saala monday is 2 days away, and you guys...? ::mad:
Who says you are traders? You are bloody doom-n-gloom addicts! :annoyed:
I am off for the weekend. See you on Monday. And I don't know about you, doomsayers, but for me 'it's gonna be bright, bright, bright, money-making day!' :lol:
Holi is always there in the market, VJAY bro. And the color is always blood-red. Sometimes it's bulls', sometimes bears'. And we all try not to be on the bleeding side, don't we? :lol:
 

EagleOne

Well-Known Member
Last two weeks- they scared off the bears, hitting all of bears' stoplosses. Maybe now the market will try to scare of the bulls too. As I mentioned in an earlier post, I would count a drop to 4750 as a correction. Maybe the others too are keeping their SAR in this zone. So, as we enter the final 9 sessions of this series, trading futures is going to get tougher. I would be only looking at options or no trade if the direction is even slightly hazy.
TP, you are right about this usual gunnig for the SLs. Believe me, this SL thing is the biggest ledger killer of a trader. Especially the daytrader and the scalper. And I am ashamed to admit it to myself that being an intelligent fellow I have been one of its victims. If I tell you how much I lost in SL, you won't believe it. Suffice to say, if I had bought a Tatasteel lot at its peak, still I would have had more than half of what I had lost to SL. :)

We think, (and/or we are led to believe), that we can meddle with market on our own terms as long as we have the right MM and tight SL in place. Wrong. Absolutely wrong!
Not only this creates mind-boggling volatility in the markets, but also make us, the ordinary traders, fodder for the big guns' High Frequency Trading. And what more, the cheap brokerage is adding oil to the fire.

I have been studying day to day market movement (live, not chart analysis in the evening) with respect to my own trading pattern for a while. And I have to agree with what SG says: An ordinary trader has no idea what he is up against.

 

EagleOne

Well-Known Member
You are bloody doom-n-gloom addicts! :p:rofl:

Eagle bhai to ye sab kya hai.... Sabko nifeveria & niftache hai :rofl:
Arrey nahin yaar! What actually annoys me is, a good trader doesn't have to worry much as to the direction of the market. If it changes, he or she should change with it at once. That is all there is to the trading! :)


(ADITYA! IT HAS JUST STARTED SNOWING OUTSIDE! :D)
 

EagleOne

Well-Known Member
A trader at least has an escape route, i.e. he can short the falling market. an ordinary investor is totally doomed unless he is an expert in hedging with Puts. The following post is just a tip of the larger truth.

...I am working with a Broking Firm since 4 years and i could not find a person who really makes money by investing in stock market...
 
Above 4700 the market's trend ( atleast in the short term ) has changed to up. After that there were a few drops one of 200 points and one of 70-80 points Nifty and whether we call it antitrend bear market rally or by whatever name, but the trend remained up.All these moves were tradeable in even shorter timeframes if we consider ourselves as neither permanant bulls nor parmanent bears ,we move as the market does.

We are now at a stage where either the uptrend can continue or the downtrend begins, so next week will be very crucial in deciding which way we are going to trade.

Ability to change according to changed environments is very important for survival of any species......traders no exception :)

Just thought of adding my 2 cents as we are at very important stage in the trend as of Friday's close....

Best Luck to all our friends ,the coming days will throw great opportunities.....

Smart_trade
 
is any body using mobile trading software of kotal securities. I want to know the best mobile phone which i can use for trading.
 
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