Nifty Futures Trading Part 2 (Positional)

[the tape]

Damn there are fundamentalists talking earnings,sectors,domestic consumption and stuff. looks like money seems to have no respect for these now. billions are moving back to the US treasury bills from emerging markets, will they come back

 

[S S]

Damn there are fundamentalists talking earnings,sectors,domestic consumption and stuff. looks like money seems to have no respect for these now. billions are moving back to the US treasury bills from emerging markets, will they come back

Hey! Cool down man!

Actually they are doing you a favour. Use all the info that they are presenting to select the correct scrips, rather than following the usual large caps alone.

Workout the number of shares for each selected scrip, the total amount needed to b invested, arrange for it [if not done so till now] and TAKE GUARD and wait..... just like one takes guard prior to a SPRINT.

One shall have to LEAP as soon as the market bottoms out in the near future, so that one can talk about the FUNDAMENTALs of thoe selected scrips one has bought cheap, when the market gets recovered substantially i a short period of time.

Stay cool. Cheers! Good luck!
SS

 

[columbus]

Cover your shorts or ELSE ..........

 

[the tape]

Hey! Cool down man!

Actually they are doing you a favour. Use all the info that they are presenting to select the correct scrips, rather than following the usual large caps alone.

Workout the number of shares for each selected scrip, the total amount needed to b invested, arrange for it [if not done so till now] and TAKE GUARD and wait..... just like one takes guard prior to a SPRINT.

One shall have to LEAP as soon as the market bottoms out in the near future, so that one can talk about the FUNDAMENTALs of thoe selected scrips one has bought cheap, when the market gets recovered substantially i a short period of time.

Stay cool. Cheers! Good luck!
SS

Yeah right ! not to forget the astrologicals

 

[arjit]

Last day and last wicket for bear to play to win the series.Last over for bulls to win the match.

 

[columbus]

Just check out the red and blue circles and line....the red circles indicate the resistive points and the blue ones support...The last red line in the bottom seems to be the last suport before nifty could crash.....even the graph dint let me see the next support..hhaha

http://img227.imageshack.us/img227


kammy[/QUOTE]


Kammy,

Another LINEBABA in making,in lighter vein.

 

[kkseal]

Damn there are fundamentalists talking earnings,sectors,domestic consumption and stuff. looks like money seems to have no respect for these now. billions are moving back to the US treasury bills from emerging markets, will they come back

Don't forget mkts are a function of two variables - fundamentals & liquidity. Globally there's a giant liquidity squeeze now & what's worse it arises from a grave Fundamental crisis in the financial systems of the western world (a double whammy of sorts).

I am surprised the ECB, BOE, BOJ have still not cut interest rates. And what's even more (pleasantly) surprising is the RBIs cut in CRR today. (Reddy's exit has been a blessing

Regards

 

[rajaram.dilipkumar]

apart from the weekly h and s .... this is where we stand on the monthly charts clearly it is make or break this month with 22 days to go . One more thing 5 % panic moves in one direction doesnt sustain for long and we can easily expect a swift move in the opposite direction . There is a theory floating in the media that market doesnt have liquidity and i dont subscribe to it , as we require the same margin to go short or long in the market . Its all about patterns and pivots , if we get a favourable set-up in the charts suddenly the market will be flush with liquidity and the media will say FIIs pumped in some x billion dollars and MFs are net buyers. We still live in a country where 50% of the money is outside the banking system and this country cannot suffer a liquidity crisis though some individual banks can.
I dont know where i read it but completely agree with what i read that "a fresh bull market starts only when people start questioning even the existence of stock market" and we are far away from that day probably some time next year when it hits the next pivot at 2595 . Again i am not expecting a bull market next year as this consolidation could take years before we start trending back up.
today bought one lot 3800 call @ 99 with s/l at 3550 due to 50% retrace placed around 3550-3650 , key pivot level around 3560 and monthly TL support .

 

[mitasatyajit]

Last day and last wicket for bear to play to win the series.Last over for bulls to win the match.

Are u tired ? OK, from 3470 - 3476 band we will take an interval. After interval the story will be more pathetic.

 

[mitasatyajit]

Russia down 20% Is that even legal

Czar : how do u get the latest world market data ? Will u please recommend a site ?