Nifty Futures Trading Part 2 (Positional)

[mitasatyajit]

Satyajit, did you cover ur shorts? All central banks, RBI dropping $ from helicopter. A violent (false) rally in progress. How is linebaba? is he confused?

U know a Bull Baby has born today. As this baby may lead to the 5th wave, the name of the baby is "Panchtarang". For nourishment of this baby a huge amount of $ are required.

Let Panchtarang may grow with blessings of the traders of this forum. I wish him success in his life.

 

[xtalk]

U know a Bull Baby has born today. As this baby may lead to the 5th wave, the name of the baby is "Panchtarang". For nourishment of this baby a huge amount of $ are required.

Let Panchtarang may grow with blessings of the traders of this forum. I wish him success in his life.

unfortunately, that baby has cancer and bulls are trying to put on band-aid.

 

[learn2trade08]

wow we have a rally!

unfortunately, that baby has cancer and bulls are trying to put on band-aid.

 

[coolboy007]

BYE BYE

Satda and his bear party are out for a vacation now for few days.
Da i am sure your vacation will be over once we touch 4000. Whats your linebaba saying??

Enjoy the vacation , the bulls took enough rest now its your turn bearbabas.

 

[mitasatyajit]

BYE BYE

Satda and his bear party are out for a vacation now for few days.
Da i am sure your vacation will be over once we touch 4000. Whats your linebaba saying??

Enjoy the vacation , the bulls took enough rest now its your turn bearbabas.

Absolutely right. We have to watch the behaviour of linebaba when 4000. We may see a double bottom / higher bottom after that or ?????? Let us not predict, let us go by trend.

 

[coolboy007]

Absolutely right. We have to watch the behaviour of linebaba when 4000. We may see a double bottom / higher bottom after that or ?????? Let us not predict, let us go by trend.

Yeah Da , we should move with the trend , as i posted earlier i am long on nifty as i am expecting a rally for next 2 days.
Keep us posted about your linebaba sir , LINEBABA KI JAI HO.

Where is our Sunil sir these days , he doesnt post here these days koi naraazgi hai kya or is he a Bull , must have been back today.

 

[mitasatyajit]

Yeah Da , we should move with the trend , as i posted earlier i am long on nifty as i am expecting a rally for next 2 days.
Keep us posted about your linebaba sir , LINEBABA KI JAI HO.

Where is our Sunil sir these days , he doesnt post here these days koi naraazgi hai kya or is he a Bull , must have been back today.

Panchtarang's uncle Sunil will come at the mundan ceremony of panchtarang. Now most probably he is busy with the medical check up of panchtarang.

At the time of school going his aunty will come.

 

[orderflow13]

By alex_laxya

 

[orderflow13]

By alex_laxya

Found in todays chart two things very very interesting
1) surprisingly open interest put call ratio been fallen, on such a bullish day calls written or written puts been covered.. all in all not bullish sign at all
2) VIX RISING !!! SURPRISED ME TO BE HONEST.Not healthy sign for market with rising vix market rising, surely stability in qs.We must look for cooling down VIX
3) Seems we created a base at 3400 odd level, consistently lots of puts been written on that level with huge cumulative open interest

 

[devangan123]

Alex just throw these indicators they are useless (Just kidding)

This thought comes in mind but with experience only one learns that these indicators are nothing but different ways of representation of change in price. And after such a steep fall in price , indicators always takes some time to reflect that reverse trend.

So whenever we have to find change after such a one sided trend , we must lower down the time frame , i am not having hourly data but in hourly or in 30 minutes charts their may be different story altogether And we should see at least that in exiting our position some times


This reply is not for you because you already know these things much more than me , it is for silent members who reads post here

Devan