Nifty Futures Trading Part 2 (Positional)

[orderflow13]

not fare,that author didnt explain sco anywhere

 

[Sunil]

not fare,that author didnt explain sco anywhere

i had said:- but previously, author had expained it was linked with RSI)...

take it something related with RSI... but what the nos. indicate, even that is explained in small box in red letters above it

rest.. as u wish & r comfy

 

[praveen taneja]

Sunil n alex ,czar sir wan t to know how to read charts n guessing where mkt heading.try to read teach a man .... But after few pges forgot start pages is there any simple way or charting software which u people use .many seniors told me paid softwares with rt charts n bye sell signals are also not good wat to do then very confuse whenever try to follow u people in option till i buy u people book profit n i trapped in options either in call or in put .pls help me out or a simple way to follow pls ...pls put a good smiley from my side bcoz u still didnot told me from where i can get those cute smileys thnx in advance

 

[xtalk]

Expecting another big cut in DOW today. AIG has 1 day to bust!

 

[nagendra_gb]

Expecting another big cut in DOW today. AIG has 1 day to bust!

hmmm not again yaar.... am getting confused is US in recession or india.. why are there local problems should affect us so much..

 

[Sunil]

renu...
about that gap theory which u had put up over the weekend...
well, today was day 2, and it worked well...

It was full gap down, and as per strategy, long should be initiated if the previous day's LOD is broken on upside
the relevant level for today was 3958 (yest LOD).. and the result is for everyone to see...

day 2 of the test - PASS
(forgot to let u know, yest DAY 1 also went fine)

THANKS AGAIN...

 

[Sunil]

praveen, honestly, i did not understand your question...

 

[renu daga]

I had posted siant,,,for some ,, help,, but in vail eh didnt reply on this gap theory technical terms,
virtually even i was thinking for this gap strategy today and yesterday

good

yesterday was going short,,,and today wsa going long

renu

 

[orderflow13]

Seems like market making range,two kangaroo tails means tails low will act strong support on downside,but indicators ,both leading and lagging indicators still negative.For me waiting game till nice setup emerge to generate shorts.
Again must add those are my views use chart for basic data, and skeep the comments on charts.

P.S. Imp for who bit new to option/deriv, open interest in call wont increase if some one cover its shorts,( one contract sold and one contract buy = one contract open interest )

 

[xtalk]

alex, from where did you get the PCR details or you manually calculated it from Active Puts/Calls data in NSE site?