NIFTY Futures Mechanical Trading

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columbus

Well-Known Member
NIFTY FUTURE For October 1,

Current position : Nil

Nifty Fut Closed at : 3927.35

Net Profit/Loss since thread started : +1618.00

Support : 3845
Resistance : 4032

Happy Trading.

Vinod
Hi nadodav,

Do the VOLATILITY stop you taking a position?I think you are missing some action.
 

xtalk

Active Member
Hi nadodav,

Do the VOLATILITY stop you taking a position?I think you are missing some action.
I guess yes, it's too difficult to take long/short positions when Stop losses are so wide. You never know next week we are heading towards 3200 or 4200 or above. Day traders are making millions in these days.

But be prepared for the $700 billion "bailout" sucker rally.

cheers!
 
NIFTY FUTURE For October 1,

Current position : Nil

Nifty Fut Closed at : 3927.35

Net Profit/Loss since thread started : +1618.00

Support : 3845
Resistance : 4032

Happy Trading.

Vinod
Hello Vinodji,

You didn't post levels for 30/09/2008 what should we do in such case (exit)?

Regards,
Sameer
 

nadodav

Well-Known Member
NIFTY FUTURE For October 3,

Current position : Nil

Nifty Fut Closed at : 3966.85

Net Profit/Loss since thread started : +1618.00

Support : 3887
Resistance : 4018

Happy Trading.

Vinod
 
Vinod has mentioned somewhere in the thread that higher the volatility in a year, better would be the profits as per the system. So not taking position, i guess, is more to do with individuals Risk management and Money Management.

Just my views..

Regards
 

nadodav

Well-Known Member
NIFTY FUTURE For October 6,

Current position : Nil

Nifty Fut Closed at : 3838.65

Net Profit/Loss since thread started : +1618.00

Support : 3802
Resistance : 3942

Happy Trading.

Vinod
 
hello sir,

what u looking the mkt in short term.

its mandi for 1 or 2 year or may be recover in short term.

what is the next action come from fii

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saurik
 
Nifty futrue for 7th oct

support = 3621
resistence = 3820
after the step taken from sebi & rbi
there is a possibility that market can open 100 point gap up or things can change if us data fall

so look for oppurtunity
stay blessed
 
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