Nifty Futures Trading Part 2 (Positional)

[xtalk]

Election is near.

Well, thats the bigger issue. Election w/o India story.

Anyway, I'm learned that FIIs can sold upto $274 billion ( total India's foreign exchange reserves as on today). Tell me where would Nifty reach till last $ left India? Stoploss zero!

 

[renu daga]

this note is to sunil especially

u are always looking to nifty site of smeers,, SCO...

well, similr to taht indicator... almost... weekly its showing 0.76

take this value for sureity

renu
and in dialy ia m getting something

 

[sahaj_ahuja]

 

[learn2trade08]

ahhhh people,sorry had gone out with ol pals for a drink of coke......missed all the action...
all i can say is with your guidence we as a team shall cherish !
hatts off people!!!

 

[satyamsit]

satyam i was checkin the fibo projection and retracements in MS...i have some doubts...from which top should i take the fibbo projections and retracements???and how do u calculate the points down or top..i think u do a good calculation but im a bit confused..if u coul take the pain and explain..plzzzzzzz....

Kamalesh u can work form any top or bottom. but its validity and reliability will depend on the swing size u r dealing with. if i deal with 100 pt swing size in nifty ,noise will be more if i deal with 500 pt swing, and reliability will be less as while working with 100 pt swing there may be a bigger swing on opposite direction what we never know. it'll be confusing for u as well if i write down all the rules without pictures. i'll suggest u to go through the book if u wanna go deep into it i am giving below.

Fibonacci applications and strategies for traders- Robert fischer.
thank you.
WE WILL GET IT AT 4shared dot com

 

[rishig38]

dow down 500 points....bring it on...all we need is 100 to 200 points gap down opening...panchtarang has to find the raft to swim otherwise he will drown...poor baby....

 

[rishig38]

down almost 5.75% now...half an hour to go...lets get it close to 7% and we should open gap down below 2940-2970 range for sure...

 

[learn2trade08]

ok people
dont panic.we finally are seeing ajax post...let dow go down as much as it wants to...every few years we see this...this message is from bottom of my heart,seeing so many investors commit suicide..
i wish they mever took hasty decisions coz no person deserves to die....
i know ajax quite well (atleast his charts)and if he posts a wolfe or predicts a bottom we take it with respect just like how we see sat'da's charts..

good times are here people.

dow down 500 points....bring it on...all we need is 100 to 200 points gap down opening...panchtarang has to find the raft to swim otherwise he will drown...poor baby....

 

[rishig38]

its down 650 points now...7.30% now...its going nuts..one of those last 30 mins sell offs..more and more chance that we open up gap down...possibly 150 points gap down...

 

[xtalk]

Even Asishda still up late night in other threads. Everybody (irrespective of age) is panicked these days with 5-7% fall daily.

It's OK with bear market but nobody want Great Depression II, whether you are long or short. Look like tomorrow we'll say bye bye to 3000 for this year