Nifty Futures Trading Part 2 (Positional)

[renu daga]

STOLE MY VOICE ... we might match previous top of vix and so formidable bottom.

alex try to post the vix chart in seperate thread pls,,,

it is of utmost imp, ( open ne wthraed for vix nifty ,,, a request)

 

[the tape]

Long in nifty @ 2994 with a stop of 5 min close below 2980.

 

[orderflow13]

alex try to post the vix chart in seperate thread pls,,,

it is of utmost imp, ( open ne wthraed for vix nifty ,,, a request)

appreciate renu... but now a days i m feeling this thread is a super market thread.. one stop buying. u get everything here, line babas, fib babas ashirwaad, indicators, ashish das experienced inputs ur inputs all...... but lets see what others say

 

[satyamsit]

First top (horizontal line) 2951.. days bottom 2911
40 pts first move
40 * 1.618 = 64
2951+64 =3015

 

[orderflow13]

ur post in trading hours are greatly appreciated frnd...
on right age is this startin of 1st wave or a' wave ?

 

[uasish]

dada.. becoming ,,, all rounder trader now delaing in calls / option also....

first was sunil gavaskar..
then,, sachin
and now sorav ganguly... goo keep it up... or old is gold kapil dev liek

well idont knwo much about cricket!!!! but sure fo stok market

No Renu,i am still novice in Options,but @ 6.85 ,the loss is max 6.85,do not we loose few K's in 1 trade.

 

[satyamsit]

Crossing that high mean days high , we have to calculate the next tgt by previous top (bigger wave) as per rule.. so, in that case tgt wud be
3009.90 approx 3010-2911= 99
99 * .618 = 61
3010+ 61= 3071 (previous bottom and ashishda's level)

 

[the tape]

Long in nifty @ 2994 with a stop of 5 min close below 2980.

Out. damn inflation figures

 

[satyamsit]

ur post in trading hours are greatly appreciated frnd...
on right age is this startin of 1st wave or a' wave ?

Violation of trend line confirms the movement of 3 wave down side a-b-c.
now days high low 38.2 and 50% are 2972 and 2960 respectively ,(we took supp from 2965 after brking the t.l)these r crucial levels to watch. and as i have taken 2951 as my first wave top that wud be last stop for the nifty if it has to go up.

 

[praveen taneja]

Inflation 11.07 against 11.44 last week Wat is wrong in inflation bro ??????????????