Nifty Futures Positional Trading

[rkkarnani]

Are these your trades or your Friend's trades?

Trend being down, but paused looks like there is a solid Short trade below the Thick Red Line.

Yes! Its a Sell below > 5884

 

[jamit_05]

Mine ! My friend's trades are : Long above 5893 and still holding long ! He had suggested to use 15 min chart, I in my enthu to scalp used 5 min. chart and got whipped !

Trading a 5 min chart on expiry day is likely to bring about unpleasant results.

 

[jamit_05]

Rolling Over Now.

.... well not literally... but my positions from Sept to Oct Futures.

And What good came out of it?

When Sept was shorted, it had 30 pts premium, if I remember correctly. Now it has vanished. 30-free points pocketed. And now I am shorting Oct Fut which is in 60 pts premium. So, in all the vanishing and rolling over I may have surely benefited... remains to be calculated.

 

[jamit_05]

I am not saying it WILL... but IF it does... friends, if it does... Then BULLS will be slaughtered. Bada hee HINSAK bartav kiya jaayega! They celebrated the 150 points Gap... Its payback time... A 150 down gap is not ruled-out... that is if the thick RED LINE is damaged! Else, nothing extravagant is likely to happen on the upside... unless bullish news circulates.

It feels like a war, on which I am forced to wager to make a living.

 

[stock72]

I am not saying it WILL... but IF it does... friends, if it does... Then BULLS will be slaughtered. Bada hee HINSAK bartav kiya jaayega! They celebrated the 150 points Gap... Its payback time... A 150 down gap is not ruled-out... that is if the thick RED LINE is damaged! Else, nothing extravagant is likely to happen on the upside... unless bullish news circulates.

It feels like a war, on which I am forced to wager to make a living.

seems market still in bullish mood ...IMO

 

[jamit_05]

seems market still in bullish mood ...IMO

Simply speaking, Price is still above Daily EMA15. Therefore, It cannot be denied that trend is bullish.

But, Bears have shown strength since 20th Sept. This strength could be dissipated. No denying that. But, at the break of the thick red line, this strength will turn to conviction and then it will be too late.

That is what I mean. Aside from tht, I may sound bearishly biased, because I am holding short positions.

 

[jamit_05]

The Thick Red Line marks a daily pivot. Not the usual kind though. It's break will mean the Freshest Bulls of the lot, ones who bought in the last 10 days will start getting into losses and feel the pain of Mark-to-Market. This squeeze will further fire the fall.

 

[nac]

It's break will mean the Freshest Bulls of the lot, ones who bought in the last 10 days will start getting into losses and feel the pain of Mark-to-Market.

Did you mean BEAR?

 

[jamit_05]

Did you mean BEAR?

No... If the market goes down, then Bulls will feel the loss.. M2M pain. Bears will be celebrating... and you will be invited.

 

[nac]

No... If the market goes down, then Bulls will feel the loss.. M2M pain. [/B]

I got it now...

Bears will be celebrating... and you will be invited.

:cheers: To the party...