Nifty Futures Trading Part 2 (Positional)

[rajaram.dilipkumar]

Best we retire & open one of those Astro Nifty calls site

our predictions will be made easier by nifty .... full moon , half moon , no moon - nifty will be down .... okay swifting to chit - chat sec mate.

 

[orderflow13]

Sat da is every thing ok ? u seems not active today....

 

[Czar]

I hope its just because bulls time is coming & nothing else... cause when renu comes Satda goes & vice versa...

 

[satyamsit]

Just putting some thoughts on the charts... but frankly cud not find anything good below 3526/3472. So just thought to plot some fibonacci MAs on the wk-ly chart... it came like this.

Two encircled zone i have marked looks like a solitary looser out there among the protected levels by these MAs.. actually if u plot 55 or 50 (whatever suits u).. u'll get those levels..i didnt plot it bcoz it never worked in this correction.arrows r to show hw these levels worked in past occasions. after seeing the entire chart just concentrate on the current scenarios (present downmove from the peak). Its amazing how 21,89,200 MAs have distinguished each swings from each other.

 

[mitasatyajit]

Sat da is every thing ok ? u seems not active today....

I hope its just because bulls time is coming & nothing else... cause when renu comes Satda goes & vice versa...

Preparing different favourite stock charts for investment. Trying to work out two possibilities 2970 and 1358. If 2970 maintained as low then I have time of 5-6 months to accumulate the stocks with minimum stop loss. If 1358 comes in question then there will be 3 years in hand.

Really is in confusion in this part. e.g. whether to buy LT in the present rate or wait for 290 - 300 level. Can u bring some light on this ?

 

[Czar]

Personally even if the 2970 scenario is right I think sufficient time & opportunities will come to accumulate & as a V shape may be out of question so I prefer watching till feb 09... but for medium term as I mentioned in Asishda's today buy thread last week, I pick up RIL 20% at every 10% fall (this is just the cash deliveries, normal trading for position is always in futures)... already reached 60% now watching for next move...

 

[orderflow13]

satyam
what are the figures of fib moving avgs ?

 

[orderflow13]

Preparing different favourite stock charts for investment. Trying to work out two possibilities 2970 and 1358. If 2970 maintained as low then I have time of 5-6 months to accumulate the stocks with minimum stop loss. If 1358 comes in question then there will be 3 years in hand.

Really is in confusion in this part. e.g. whether to buy LT in the present rate or wait for 290 - 300 level. Can u bring some light on this ?

and i was thinking you making new excel file for ew
didnt know u were so active in ew ..happened 2 learn from Asish da

 

[mitasatyajit]

Personally even if the 2970 scenario is right I think sufficient time & opportunities will come to accumulate & as a V shape may be out of question so I prefer watching till feb 09... but for medium term as I mentioned in Asishda's today buy thread last week, I pick up RIL 20% at every 10% fall (this is just the cash deliveries, normal trading for position is always in futures)... already reached 60% now watching for next move...

RIL : If I start to buy at 2970, price comes at 1185 - 1200. If at 1358 (2010 end to 2011), price comes at 590 - 600. The difference is huge. Investment timeframe will be 3 + at least 3 = 6 years minimum to reach the present price. Can u now understand my point of worry ?

 

[satyamsit]

satyam
what are the figures of fib moving avgs ?

Bhaiya fibonacci numbers are 0 1 1 2 3 5 8 13 21 55 89 144 233 .... 0 1 1 are not used for the calculations.