Nifty Futures Trading Part 2 (Positional)

Status
Not open for further replies.

orderflow13

Well-Known Member
Alex sir ,

You risking 5 % capital , are you thinking of going long , am just curious. I have put all my hopes on mkts now:D Sq off my hedging PE yesterday , now with some calls now , i dont know why my intuition says we might get a big bounce from below 3000 levels.
in equity coolboy and 5% of capital... ( will think as a donation )
market trend is negative and no anticipation in my part
 
just my views ... ..let this volatility stop with a few steady weeks then we can pick n choose our stocks and by then who knows our favourite stocks might be down even 30 % from the current levels. My erstwhile favourites like rajesh expo , dishtv ,MLL ,skumars, Ashok leyland etc.. are around 20 bugs which is too tempting. But will try and look at large caps like maruthi , dlf ,axis ,suntv , punj lloyd etc..as the volatility subsides. Already some PSU banks and autos have stopped falling those are in my watchlist as of now.Nifty is always volatile but the same cannot be said about some individual stocks.
 


White line near base indicates fib levels will repeat.If white line jumps from the base then fib. levels would not work.
Fib ratio is 1.8, that means its very near to ideal fib ratio of 2, price movements often follow fib levels.Works good for intraday also but as always in background.Prices rules in day trade.
Sahaj Ahuja
 

orderflow13

Well-Known Member
hi sahaj
r u still log in ? dig in this forum u will see the posts of satyamsit ( its his id ) he also follows fibonacci levels with EW,
in above post is that ratio related with extension of wave ? or retracement ?
 
hi sahaj
r u still log in ? dig in this forum u will see the posts of satyamsit ( its his id ) he also follows fibonacci levels with EW,
in above post is that ratio related with extension of wave ? or retracement ?
yes i am log in but now about to off..i knw u will come late.. so as a penalty i paved few time bombs in chit chat thread :mad: ...
thanks for referance will surely check satyamsits post.
Yes fib ratio has nothing to do with extension of elliot wave but if you mean to say extensions of fib retracements then you are right.
On bottom far side you can see the projection figures.
 

orderflow13

Well-Known Member
yes i am log in but now about to off..i knw u will come late.. so as a penalty i paved few time bombs in chit chat thread :mad: ...
thanks for referance will surely check satyamsits post.
Yes fib ratio has nothing to do with extension of elliot wave but if you mean to say extensions of fib retracements then you are right.
On bottom far side you can see the projection figures.
boy !!! ..... humm... i will remember that :mad:
 
Status
Not open for further replies.

Similar threads