Nifty Futures Trading Part 2 (Positional)

[satyamsit]

crossed 3015(days high)
can tgt

3013.80 - 2912 and extension .236 ,.382 , .5 , .618
figures coming 3038/3052/3065/3077

important figure is 3052-3077

extended up 78.6%

3013.8-2912 =102 8 .786 = 80
3013.8 + 80 =3094
high 3093.40
every time i underestimate this fibo ratio.... dhoka de jaata hai.

 

[renu daga]

u are not allowe dto use this bad languages,,,, sala...
i ahve been selected as noting down all such ahppenings in thsi forum,,
so neg 50 points to satyam sit

renu

 

[learn2trade08]

renuji///sat'da....
plz advize outlook for tomorrow any chance of a gap up?

 

[renu daga]

well i odnt think gap up tom at all....

but surely we should alnd up closing above 3075....i am def sure,,

and if not then!!!!gayee bhaans paani mein,,,,2600 no ne will stop

renu
still holding longs f or tom,,, only if toady doe snot fall further

 

[satyamsit]

Sorry for language i used if it makes environment sick. quote already rectified. thank you.

 

[pkamalesh]

Can any seniors post thier open positions now or the closing strategy....any one thinking of a mild rebound from here???

 

[satyamsit]

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.

Present chart.

 

[renu daga]

very nice clear charts simple.....easy to uinderstand for evry novice

good
renu

 

[uasish]

Sold all Calls @ 7.65

 

[praveen taneja]

Sold all Calls @ 7.65

congrats Da on geting 1500