Nifty Futures Trading Part 2 (Positional)

[mitasatyajit]

Listen the voice / advice of PAANWALA, do the opposite.

When he advises u to buy stock now : U will understand it is the top, u should now exit.

When he advises u to be out of the market : U will buy every lot of stock with his every advice.

So, that is the best indicator in the stock market.

Giving another example : http://www.traderji.com/derivatives/18953-nifty-futures-trading-1215.html#post208686

When u will receive free tips to buy from every media, u should sell at once.

 

[Czar]

czar,my fault...you need to teach us ww......u know experience always counts and i am so happy that we have someone to go to when in doubt like u sat'da /alex/sunil and most boarders here....i would have literally gone for a suicidal trade(RIL),if you hadnt warned me against it....
i wouldnt lie to you its been 2 days since i quit smoking and life is freekin boring,so lazing around(a bit uneasy habbit of 16 years,picked up quite early in high school)..
i did get to see someone's orkut profile last night though

Man if you were glad at 11:43 I'm sure you must be doubly glad at 3:30

PS: heard rumours y'day that Enam pressed all its HNI clients blanket sell orders

 

[AW10]

Its S&P 500 that I'm more interested. Some traders feel that S&P 500 may touch 840 today and thats double bottom to create another (fake?) rally. S&P now at 872.

S&P futures made low of 840 on Friday. Technically, the low of 10-Oct (@837) is still in place. S&P 500 spot made low of 852, whereas 10-Oct low of 840 is still intact.
Current down days in US mkt are on low volume. Guess, lot of money (including the amount that has been withdrawn from BRIC economy) is waiting on the sideline.

Happy Trading.

 

[AW10]

I also am angry about that. If we fall 12% then dow should also fall 12% , its because of their silly futures premarket that we fell so much , and see dow not even falling the amt which was indicated by pre mkt trading.

This is really sad and we r being fooled these days no reason for indian mktsn to fall 12% on a day dow falling 3% only.

US index futures does not have any premarket.. they are traded on GLOBEX which runs 24*6 days (almost like Forex market). Before US opens for trading, the player in these futures are asian and european trader.. Generally the trading volume is very low during non-US timing(< 5% of regular US trading volume). Any professional trader knows how much of respect to be given to price move with such small volume.
Most of the time, as soon as US opens, it reverses the trend that was created overnight by non-US player. On friday, within first 5 mins of US open, the market made the low for the day and reversed ..... And then it did not visit that low for the whole day.

Happy Trading.

 

[orderflow13]

US index futures does not have any premarket.. they are traded on GLOBEX which runs 24*6 days (almost like Forex market). Before US opens for trading, the player in these futures are asian and european trader.. Generally the trading volume is very low during non-US timing(< 5% of regular US trading volume). Any professional trader knows how much of respect to be given to price move with such small volume.
Most of the time, as soon as US opens, it reverses the trend that was created overnight by non-US player. On friday, within first 5 mins of US open, the market made the low for the day and reversed ..... And then it did not visit that low for the whole day.

Happy Trading.

very good point indeed.

 

[arjit]

But the sentiment of the people are very high in a bear market.Any RED MARK results in a panic selling, the same happened yesterday also.FII's are making it more worse with their basket selling.I think this will continue next week also.LINE BABA WISH is not fulfilled yet.

 

[S S]

US index futures does not have any premarket.. they are traded on GLOBEX which runs 24*6 days (almost like Forex market). Before US opens for trading, the player in these futures are asian and european trader.. Generally the trading volume is very low during non-US timing(< 5% of regular US trading volume). Any professional trader knows how much of respect to be given to price move with such small volume.
Most of the time, as soon as US opens, it reverses the trend that was created overnight by non-US player. On friday, within first 5 mins of US open, the market made the low for the day and reversed ..... And then it did not visit that low for the whole day.

Happy Trading.

And yet, no one has raised voices for banning F&O trade outside US

 

[mitasatyajit]

http : //w ww.4 s hared.com/file/68394059/a4370efc/Stock_performance_upto_26102008.html

Uploaded a pdf which contains the data of NSE stock performance for the following fields :

Name, %ge of low of 2008 high, 2008 high, 2008 low, close as on 24.10.2008


Some of the stocks are not traded now in NSE. As I have not deleted those stocks, those data are also there. Inconvenience in this regard is regreted.

 

[orderflow13]

http : //w ww.4 s hared.com/file/68394059/a4370efc/Stock_performance_upto_26102008.html

Uploaded a pdf which contains the data of NSE stock performance for the following fields :

Name, %ge of low of 2008 high, 2008 high, 2008 low, close as on 24.10.2008


Some of the stocks are not traded now in NSE. As I have not deleted those stocks, those data are also there. Inconvenience in this regard is regreted.

Thank you sat da, downloaded, simply nice, are they split adjusted ?
n one more thing, i want to refine data as per p.e. multiple less than 5, can u guide me how to do this ?

 

[mitasatyajit]

Thank you sat da, downloaded, simply nice, are they split adjusted ?
n one more thing, i want to refine data as per p.e. multiple less than 5, can u guide me how to do this ?

Yes those are split adjusted. I am also searching the fundamental data not only EPS / PE, net sales, net profit, OPM, reserve, debt and other data also for last 10 - 15 years. I could not found them. If u or anybody can share those data here, that will be so much helpful to us.


P.S. oops there is a fault in JM financial, that was not split adjusted. Will rectify later.