NIFTY Futures Mechanical Trading

Status
Not open for further replies.
columbus

columbus

Well-Known Member
#1,332
#1,332
nadodav said:
Hi,

The system is for positional trading. because of market condition, it is difficult to keep positions open overnight. Stoplosses are also wide so to avoid this kind of high risk, we are not trading. Once we find SL range favourable (probably around 100), we will start trading.

Vinod
Click to expand...
Yes ,agreed, the markets are too overheated.Consider some factors ,
can't you take a BEARISH outlook.

1.The Cross-over of NIFTY with 9-ema was around 4200 ,that too
a month back and presently both index and 9ema are running
parallel.

2.In last one month,Nifty has lost by wide margins on 13/14 times
whereas gained by wide margin on 4/5 times.

3.All major moving averages are on top of current nifty values.
 
Last edited:
N

nadodav

Well-Known Member
#1,333
#1,333
NIFTY FUTURE For October 27,

Current position : Nil

Nifty Fut Closed at : 2559.55

Net Profit/Loss since thread started : +1586.00

Support : 2551
Resistance : 2849

Happy Trading.

Vinod
 
N

nadodav

Well-Known Member
#1,334
#1,334
NIFTY FUTURE For October 28,

Current position : Nil

Nifty Fut Closed at : 2517.50

Net Profit/Loss since thread started : +1586.00

Support : 2411
Resistance : 2664

Happy Trading.

Vinod
 
Status
Not open for further replies.
Thread starter Similar threads Forum Replies Date
allex418 NIFTY/ BANK NIFTY Option Trade Tool (Buy/ Sell) based on Futures / Spot Prices Options 7
R Bank Nifty Futures Trading Diary 20
M Nifty Futures - 1 min - Pre-2010 data Intraday 1
N Need Nifty futures EOD data for last 3-5 years End of Day 3
T Nifty Futures My Mechanical System Calls (Information Purpose) Futures 8

Similar threads