Nifty Futures Positional Trading

jamit_05

Well-Known Member
On BNF Daily chart, the Slope of the uptrend is dull. This negative factor will kick-in with strength if that last two days low get taken out. This is an easy task since the days are small and Daily EMA is applying the force of gravity. Well, that won't get dangerous till the Daily pivot which is very nearby gets broken.

In which case, it won't be long before NF touches 5800!
 

jamit_05

Well-Known Member
Today's low could become a better SAR. Will know only tomorrow. If that happens, then it would make sense to take credit Bullish Spreads. For ex.

Sell 6100 PE
Buy 6000 PE
Credit Rs.20 points (approx)

This spread will be neutralized as soon as the daily chart hits a Sell, which will cause us to lose around Rs.15... an estimate. I am sure some way will arise to cover this loss as well.

Else, if there are no bearish moves, at expiry this spread will give Rs.1000 per pair.
 

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