NIFTY Futures Mechanical Trading

[sasi0263]

If market opens with gape up above 4589, wait till market stabilize. i.e. wait for initial 5 minutes and than we change our position.

Vinod

Hello Vinod ji, Thanks for ur clarification. I was also in confusion for the same.
Thanks

 

[nadodav]

Changed at 4615. now Long with SL 4514.

 

[optionstrader]

Changed at 4615. now Long with SL 4514.

Hi Vinod Ji,

Market seems to be pretty dull. It appears, not to be taking any direction.
is there any news or any trigger...for which the market is waiting ?


Awaiting response,

Thanks & Regards,
Rajat

 

[roameri]

Waiting for Christmas.
j.

 

[optionstrader]

waiting for christmas.
J.

 

[nadodav]

NIFTY FUTURE For August 12,

Current position : LONG (at 4615 on 11/08/2008)

Nifty Fut Closed at : 4633.60

Profit/Loss in current trade : +18.60 (as per last closing price)
Net Profit/Loss since thread started : +2085.60 (2067.00+18.60)

Support : 4559
Resistance : 4644

Hold LONG position with SL 4559. If trades below 4559, exit LONG & go SHORT with SL 4644.

Happy Trading.

Vinod

 

[sasi0263]

shud we go shot now?

 

[pravinaca]

Position changed now short

 

[nadodav]

Changed position. Now short with SL 4644.

 

[sasi0263]

vinod ji please comment