NIFTY 50 future TRENDS

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Dollar-rupee traded above 53.
Yes, the futures are trading above 53, though the spot returned from 52.98



I did something very stupid today, converted a winning position into a losing one. I had sold USDINR @53.03 on Monday, covered at 52.9068 today.... then again sold @53.10 today :(... Now it's trading above 53.26. Hopefully it will climb down before end of the session. I may average.
 

vinst

Well-Known Member
Big gap up European market.... 70+ points DAX 30+ points CAC let us see what that mean to us..
So much time devoted to studies on Nifty. do we still need to see DAX etc.? wudn't all this reflect in prices and keep triggering levels by which we trade? whether the trigger of a level is due to Dax or a local reason, it is still a trade.
just a thought.
 

EagleOne

Well-Known Member
Vinst! The voice of reason! Bravo! :) :clapping:
 
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