Nifty/BNF/Stock Futures

[ranga27]

Will Initiate longs only if Nifty moves above 6139

Will initiate shorts only if nifty moves below 6045

otherwise no more trades for now..

 

[ranga27]

initiated shorts @ 6060 (3 Lots)

 

[Gandhar.]

Will Initiate longs only if Nifty moves above 6139

Will initiate shorts only if nifty moves below 6045

otherwise no more trades for now..

initiated shorts @ 6060 (3 Lots)

NF not below 6045

 

[ranga27]

yes .. any how longs are now not possible .. so initiated my shorts close to the levels

and moreover i was referring to NS not NF

 

[ranga27]

Found some support @ 6031 and bouncing back, once it is broke then 6002 would be immediate target (S4).


-- Values are of Nifty Spot

 

[ranga27]

6000 PE OI addition more than 99 lacs

looks like a strong support..

 

[Gandhar.]

6000 PE OI addition more than 99 lacs

looks like a strong support..

total oi now more than 10mil

 

[ranga27]

didnot square off my position : holding shorts @ 6060 (NF) (3 lots)

 

[ranga27]

It should be reaching 5860 some how as per EW ..

But the problem is it will not go on a straight line like what it happened today.

But i dont know in which route it will reach the target.

But seems to be there will be techincal bounce.. on the below Low ema's

6027,6043

 

[ranga27]

Closed 3 Lots @ 6020 (+120 Points)