NIFTY 50 future TRENDS

[vikrit]

sirji tussi great ho !! seriously speaking, yes i have read enough about technicals, psychology, money management, and various forms of trading, but find myself at a loss because the learning is so disorganized and newer ideas still keep on bubbling and seem better than the old ideas !! last year i had the excuse that i was learning, but now that i can read some charts, lack of discipline kills half the profits if not more !! and i think that will be the development of next 6 months.

SJD,

Above learning cost me a good amount, as taught by costly teacher 'Market'.
but you can find more and deep on traderji. there are many great masters here.

I think it is suicidal to say 'market will go there....' specially for those like me who conditioned that being wrong is bad, making mistakes is bad. that make us paralyze when we see market going against our thinking/analysis. then we start hoping, which not let us take SL, also cripple our TA/FA etc.

every system have its pros cons. when we are searching for better that mean we are looking for improvements. and when we are searching for best that mean we are looking for HOLY GRAIL. IMO holy grail is like mirage.

so, choice is ours, at one point of life we have to decide for everything.

we have to choose. and choices are important, but taking decision with belief is more imp.

.

 

[vikrit]

Arre, marvao ge bhai! Meri baat ko serious lene ke haq sirf ek ko hi hai - main khud!
Kahin pata laga ki aapne meri post pad ke market mein paisa daal diya maa/behan/biwi ke jevar bech ke, aur aapke kapade bik gaye. Abhi safar mein saamne 5400-5600 ka jungle aa raha hai. bhaaloo hi bhaaloo hain vahan. Kahin ye bull train dar ke maare reverse shunting na shuru kar de. Toh, bhai, sambhal ke. Ye market hai. Har koi har kisi ki jeb kaatne ke liye subhe naha dho kar, pooja paath kar ke, iss mein aata hai. Chalte chalte bik jaao ge aur aapko pata bhi nahin chalega ki aap nakki ho gaye apne aap se! :lol:

:rofl::rofl::rofl:

 

[vikrit]

About this keyword which you took an exception to ... I do not see a problem. There is an average movement range of Nifty. It varies from month to month buy you can see that 90% of the time it will not move more than the typical range. Hope is based on the premise that the one way move from 4600 odd to 5300 is very unusual, and even if the technicals do not point that way, it has to happen, otherwise we will have a 1000 point 1-way move ... not going to happen. If you understand these limits well, you can even make some riskier trades with the probability on your side. But ... as Eagle asked us to mortgage our homes earlier this week as the market was going to go up up and up ... and he is right ... no signs of Nifty fatigue.
[EDIT] Actually, in this case we are not looking at a monthly range, but probably a 2 or 3 month range which might be very broad if we look into historic data.

if its work for you, great!. maybe one day i will be able to learn it correctly, and use it.

 

[sanjosedesi]

if its work for you, great!. maybe one day i will be able to learn it correctly, and use it.

oh well, it does not ... at least for me!!
and about your other post ... yes, even i have had lot of learnings from the 'market' teacher. i would not say that with every day, but i am sure with every month, the mistakes are fewer and the results better. will get there some time.

 

[kiranjakka]

oh well, it does not ... at least for me!!
and about your other post ... yes, even i have had lot of learnings from the 'market' teacher. i would not say that with every day, but i am sure with every month, the mistakes are fewer and the results better. will get there some time.

anyway we have made 800 pts in a nearly month and 6000 on nifty is not that far just 700 pts away and the intresting thing is that its trading at around just 0.85paisa or march 6300 call trading at just 1.2 paisa it seems anything can happen in this market :lol:

 

[EagleOne]

anyway we have made 800 pts in a nearly month and 6000 on nifty is not that far just 700 pts away and the intresting thing is that its trading at around just 0.85paisa or march 6300 call trading at just 1.2 paisa it seems anything can happen in this market :lol:

Optioms that far away are liable to get killed due to time decay, retracements etc. However, people who have written/are writing PEs of those months might be the ones laughing all the way to bank.

 

[kiranjakka]

Optioms that far away are liable to get killed due to time decay, retracements etc. However, people who have written/are writing PEs of those months might be the ones laughing all the way to bank.

on 2nd jan 5000 feb call written at 40 rupees is now 365rs he might be bankrupt now there is nothing much to loose on 1 rupee 50 lot

 

[trdstudent]

Arre, marvao ge bhai! Meri baat ko serious lene ke haq sirf ek ko hi hai - main khud!
Kahin pata laga ki aapne meri post pad ke market mein paisa daal diya maa/behan/biwi ke jevar bech ke, aur aapke kapade bik gaye. Abhi safar mein saamne 5400-5600 ka jungle aa raha hai. bhaaloo hi bhaaloo hain vahan. Kahin ye bull train dar ke maare reverse shunting na shuru kar de. Toh, bhai, sambhal ke. Ye market hai. Har koi har kisi ki jeb kaatne ke liye subhe naha dho kar, pooja paath kar ke, iss mein aata hai. Chalte chalte bik jaao ge aur aapko pata bhi nahin chalega ki aap nakki ho gaye apne aap se! :lol:

Sahi bola.Koi nehi , aage aage dekho hota hain kya:clapping:
Anyway, i'm not a bull rider

 

[trdstudent]

lekin kabhi kabhi hauya-pani thori badal na bhi chahiya bhayo )

 

[EagleOne]

on 2nd jan 5000 feb call written at 40 rupees is now 365rs he might be bankrupt now there is nothing much to loose on 1 rupee 50 lot

I don't know whether you write options or not, kiran. But I know a couple of professional option writers. They are so ruthless with money management that you won't believe. They are always protected. Any written options bloc inching towards ITM zone is squared off immediately or massively hedged. 40 se 365 tak jaane dene ka matlab hai ki wo option writers nahin saale gaddhey hain.

(oh btw, if 50000 people think like you (and they sure do), then there is much to lose on that 1Rs/ lot. That is how option writers make millions!