Nifty Futures Positional Trading

[Option.Trader]

FII have reached their MAX OI levels in Index Futures... so one shouldn't expect too much participation from them on the downside...

Therefore, I feel it is a good time to get mentally prepared for longs. And if we are fortunate the chart will give a fill.

Long entry is above the BLUE line...

Thats interesting... i would believe the bull trap is laid with today's trade... may be wrong if Nifty manages to close above 5500 may give a relief rally

 

[jamit_05]

Long Over 5533.65
SL 41 points.
Position Size is increased due to accumulated profits.

 

[jamit_05]

Nifty is rising and Vix is falling. It is down 4% today! Meaning, the big volume is not rushing to go long and hence no wild move on the upside will happen.

 

[Option.Trader]

FII have reached their MAX OI levels in Index Futures... so one shouldn't expect too much participation from them on the downside...

Therefore, I feel it is a good time to get mentally prepared for longs. And if we are fortunate the chart will give a fill.

Long entry is above the BLUE line...

What an excellent analysis, I got fooled by the huge shorts taken by fii yesterday

 

[jamit_05]

What an excellent analysis, I got fooled by the huge shorts taken by fii yesterday

But of no use to any of us if it doesn't make us any cash.
Still waiting on a fill.

It has been almost two weeks since i have taken a trade. Wish I had a part time job which I could "turn on and off" at will... any suggestions?

 

[Option.Trader]

But of no use to any of us if it doesn't make us any cash.
Still waiting on a fill.

It has been almost two weeks since i have taken a trade. Wish I had a part time job which I could "turn on and off" at will... any suggestions?

With what little I have seen with your trades, you get in with good position, why would you want to change a good thing, chillax with all the mayhem

 

[jamit_05]

With what little I have seen with your trades, you get in with good position, why would you want to change a good thing, chillax with all the mayhem

Yupe. I 100% agree with you. I had my realization in the recent move.

Have made modification to surf the wave a little longer. Feel butterflies in my stomach. Eager to see the performance.

 

[Option.Trader]

Yupe. I 100% agree with you. I had my realization in the recent move.

Have made modification to surf the wave a little longer. Feel butterflies in my stomach. Eager to see the performance.

I think not trading and joining the herd unless your system gives a call is the biggest weapon that a trader has

 

[jamit_05]

Punched in my Long Stop Order at 5537.85, SL 42 Points.

I dislike taking trades with SL of more than 25 points, but there are many things in life that I dislike but must do.

 

[jamit_05]

Punched in my Long Stop Order at 5537.85, SL 42 Points.

I dislike taking trades with SL of more than 25 points, but there are many things in life that I dislike but must do.

This being expiry week, whipsaws are very likely. Therefore, it'd be best to get a fill after expiry.