Nifty Futures Positional Trading

[jamit_05]

The day opened above prev day high and went on to break the low. Now that is clearly very bearish, but I don't like it one bit. Such days do not have much steam left to sustain the LOD of break... but yet I shorted at 5424.80 SL 52 points, have no choice.

 

[jamit_05]

The day opened above prev day high and went on to break the low. Now that is clearly very bearish, but I don't like it one bit. Such days do not have much steam left to sustain the LOD of break... but yet I shorted at 5424.80 SL 52 points, have no choice.

I Followed the system. Kinda forced myself... but looks like it is sailing okay so far.... about 50 points in favour... 1R reached. However, the entry is not completely safe till 5300 is taken out.

Will look out for any surprises at the open tomorrow.

Anybody else short?

 

[jamit_05]

That was a 30 point drop in one "refresh" !! This is just crazy... thank god I am on the right side of it !!

 

[jamit_05]

The day ended with my position 2R in favour. Not bad for an entry which i didn't want to take!

The fall is decisive. Most likely swing low will be touched. 5100 NF almost guaranteed.

 

[jamit_05]

Today was a big day for FII.

FII have shorted with all their might. FII Index single day OI was the highest in several months!

This move could go lower... much lower... lets see what happens this week... for further strength 5100 should break decisively.

 

[jamit_05]

OT and friends.

This one piece of information gives me goose bumps.

Today, as you know, has been FII's day of commitment. And did you notice which PE has max ChgOI today; You will be hugely surprised... 4600 PE and 4500 PE!

Imagine the impending bloodbath... !

 

[Option.Trader]

OT and friends.

This one piece of information gives me goose bumps.

Today, as you know, has been FII's day of commitment. And did you notice which PE has max ChgOI today; You will be hugely surprised... 4600 PE and 4500 PE!

Imagine the impending bloodbath... !

Technically no... yesterday they had 6 times more CHGOI compared to today.. it was close to 6L yesterday compared to paltry 1.6 L today .. see the chart below for detail

 

[Option.Trader]

Today was a big day for FII.

FII have shorted with all their might. FII Index single day OI was the highest in several months!

This move could go lower... much lower... lets see what happens this week... for further strength 5100 should break decisively.

Jamit, on Aug 19th FII's had shorted 56K contracts of Index future much higher than today's 50K and the next day Index closed in the positive.. but the very next day it blew apart

 

[SexyTrader]

FIIs are playing a merry game by selling drastic followed by some buying to sell again Those guys are making money off this economic confusion...thats the smartest thing to do in any case :thumb:

 

[jamit_05]

Technically no... yesterday they had 6 times more CHGOI compared to today.. it was close to 6L yesterday compared to paltry 1.6 L today .. see the chart below for detail

OT and friends.

This one piece of information gives me goose bumps.

Today, as you know, has been FII's day of commitment. And did you notice which PE has max ChgOI today; You will be hugely surprised... 4600 PE and 4500 PE!

Imagine the impending bloodbath... !"

I was only citing an observation from yesterday's option table. Not in reference with earlier days.