Nifty Futures Trading Part 2 (Positional)

[mitasatyajit]

Tomorrow or ?, planning to long nf (in discount) when spot is at 4197.xx. Stop loss of 5 - 7 points i.e. 4192 - 4190.

Czar, your comments please.

Regards.

Hello Parttimetrader
Ur question was my question. Please read subsequent posts from Czar, Sunil, u may get ur answer to decide.

 

[learn2trade08]

looks like in the expiry melee,everyone forgot the triangle breakdown on hourly.
thanks

Hello Parttimetrader
Ur question was my question. Please read subsequent posts from Czar, Sunil, u may get ur answer to decide.

 

[dumdum20008]

every one seems very "techie" in trading, to me.
every one has their logic/indicators to enter trade.
truly, i feel foolish myself in between u people, but im trying to grasp ur "world" at a slow pace. Here is , why i entered long @ 4215 sep fut.

1) sensex graph of 27-08 and 28-08(around 3:20) on its GPRS/wap site looks me like falling tea from saucer. it refreshes my long historical memory database of sensex graph and reminds me what happens afterward.

2)In my early past days( some 6 years ago), i use to make a good amount of loss on such panic last expiry day by covering long/bear trap at lows. On very next day market mostly rally, giving me feeling of fool , who sold yesterday at " Dog's Price" ( actually it is " kutta ke bhav").

3)4215 looks me cheap, i was hungry of trade since last 4 days, called my broker to make a dish of it.

 

[uasish]

Entered Long in Mini Sept @ 4218.65 (positional)

After looking at the EoD data,it is not so encouraging,my act was more like Catching a Falling Knife.

Looking at Intraday data ;can see the bottoming process has started but this can go on for few Hrs to days.

Now looking for Opening & Strenght ,otherwise may quit with Longs.

 

[uasish]

Dear satyajit sir,
I have a feeling you are a good friend of soumya,any clue where he is?Waiting on todays intraday data....:-(
thanks

He has uploaded just 25 mins ago.

 

[learn2trade08]

thanks ashish sir,
just downloaded it....

For clearing recent charts>
1)we go to user cp on top left hand side of main screen.
2)miscellaneous>attachments and delete.


all the best!

He has uploaded just 25 mins ago.

 

[Sunil]

Re: Return of chowkidaar

After the successful launch & run of Satyajit da's "ENTER THE DRAGON" & "RETURN OF DRAGON", with his blessings, I am planning to launch "RETURN OF CHOWKIDAAR".

First clap/slap tomorrow.. please attend the ceremony from 9:55 am to 3:30pm. After that, lunch at Satyajit Ray's place.

All BULLS are welcome.

good clap shot for launch...
now, only good GDP numbers can decide when will shooting start...

 

[Sunil]

off topic, but only for czar:

maybe i was wrong with stock selection in my initial days, but since u r continuing to enter stocks looking at nifty, then i have found that u should select good beta stocks...
and one of them is RELCAPITAL

 

[Czar]

true I do that mate, just wrote in the NJ thread that I had entered R.cap day b4...

 

[Czar]

In yesterday last 1/2 hour settlement huff puff dint realise the sept NF buying would be for Inflation, alertness down...