Nifty Futures Trading Part 2 (Positional)

[Sunil]

you know the first clue alex....
saint posting from morning and dada watching....
hope u are aware of the saint indicator!!!
hurrah! finally dada bullish!

da's LINE BABA finally gave green signal to go long....

da, can u specify the red signal for your long, in terms of spot or fut level

 

[mitasatyajit]

da's LINE BABA finally gave green signal to go long....

da, can u specify the red signal for your long, in terms of spot or fut level

According to Linebaba, breaking of secondary trendline is meant for covering of existing position. If we can close above 3511 this month, monthly DT line will be breached and we will tale position long till the just born baby becomes old. Breaching of secondary trendline means end of DT, and possibility of uptrend / sideways trend now. Resistances are the deep maroon lines.

As Maruti has already given a bull signal in long term, we can say that the bears are in coma and may die at any moment. So aggressive long / short position at this moment may be avoided.

 

[orderflow13]

According to Linebaba, breaking of secondary trendline is meant for covering of existing position. If we can close above 3511 this month, monthly DT line will be breached and we will tale position long till the just born baby becomes old. Breaching of secondary trendline means end of DT, and possibility of uptrend / sideways trend now. Resistances are the deep maroon lines.

As Maruti has already given a bull signal in long term, we can say that the bears are in coma and may die at any moment. So aggressive long / short position at this moment may be avoided.

raise my hand .. q. should we wait for the close? or if 3511 breached in day trade means weakening of existing trend ?

 

[Sunil]

When will that day come when there will be up circuit????

 

[learn2trade08]

never know it could be today....

When will that day come when there will be up circuit????

 

[sikandar]

When will that day come when there will be up circuit????

Had it came thro even before?

 

[learn2trade08]

Presenting the blockbuster movie of 2008----first time in the history of indian exchanges a double role!!!!!

btw i opened a intrday short with stop of h.o.d

Birth of BULL.

This baby may lead us to 5th wave, though horoscope has not been prepared. I mean confirmation not yet received.

 

[mitasatyajit]

raise my hand .. q. should we wait for the close? or if 3511 breached in day trade means weakening of existing trend ?

Elder brother of monthly is quarterly. Quarterly suggests u can start accumulating stocks upto 2009 second quarter and can trade in rangebound market. At least we have 6 reasons to make this statement :

1. Fibda has given his support.
2. Elliotda says that he has ended 4th wave, confirmation yet to receive. A master of Elliot can say better than me.
3. Secondary trendline breached.
4. Monthly close above 3511 (yet to be confirmed).
5. After end of second quarter of 2009, quarterly trend breached (to be watched).
6. After a huge fall price rises slowly (not rapidly like gap up or so).

 

[Czar]

Please SatDa a request from the deepest vein of my heart artery, Please give your comments like today with your Nifty charts, you're really good & we love it... Show us the hidden Satda, waiting to come out...

 

[Czar]

Hmm just take out the White & pinky TL & Target 7000 jaz kidding...

Alex as per pm see this chart, would'nt it have helped ??