Nifty Futures Trading Part 2 (Positional)

[uasish]

SO BEAR GAVE UP!!

Oh ! maybe only the nappy Bears what about the Grizzly types .

 

[Czar]

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 ?

Also to add to last night, I believe we should rally or go sideways in Nov which is a must needed break in the bear mkt... thus a part buy now may give you more time to think & decide weighing the outlook of the world mkts also till dec. you can always get to exit without injuries...

 

[praveen taneja]

Alex sir u yday told that BULLS are trying to enter by back door by selling 3100 puts how did u know that at RT means when mkt is running n u were damn busy in this traderji n mini flow. And one more question about checking increase in OI at mkt time do u write down OI at open or any site or software u hav .Pls want to know about it that how u know that increase in OI is by put selling not by put buying ??????????????? thnx in advance bro

 

[uasish]

The wkly chart ,though yet not complete,shows a candel/bar formation,which i can not consider to be a Reversal signal,few things are to be looked for.
1)Todays closing,can that make the Candel to be a White one.
2)In next week the earlier candel's range ,High to Low,how much is traversed in the down side,50 % ,61.8 %,38.2% ,how much.
3)Any clue from next wk's candel or volume.

If at all this is reversal then why are we in hurry,are we targetting only 10 % ,rather with only 10 % downside Risk can we not get atleast 20-30 %,hence prudent to wait,otherwise may have to see those pics. of baby bears dancing all over.

 

[uasish]

Sorry posted in wrong thread.

 

[orderflow13]

Alex sir u yday told that BULLS are trying to enter by back door by selling 3100 puts how did u know that at RT means when mkt is running n u were damn busy in this traderji n mini flow. And one more question about checking increase in OI at mkt time do u write down OI at open or any site or software u hav .Pls want to know about it that how u know that increase in OI is by put selling not by put buying ??????????????? thnx in advance bro

go on nseindia.com and click on most active put and call .. for open interest its matter of memory or note it down ..
option o.i. normal are 30 lk abnormal more than 45 lk. ( in general by hist. tandards ) for nifty 35 lk in 4 month .. increase in o.i in nifty more than 5 lk in a day is a indicative sign bellow that ... let it go

 

[pkamalesh]

i think if we can first breach the support at 3200 and slip towards 3099 then i dont see any major support as indicated by the tl and we go direct south to 2900 or so...the experts in the tv say there is support at 3100 but where???????

 

[pkamalesh]

Today ideally the close should be between the red and blue lines or if matters become worse even below the blue line

 

[xtalk]

European stock index futures jumps 5.0-5.8 percent. Our market may rally post lunch period. Also, US Stock-Options expiring today. LIBOR rates fall.

 

[mitasatyajit]