Nifty Futures Trading Part 2 (Positional)

[mitasatyajit]

 

[coolboy007]

To
Czar
Thread starter
Nifty Futures Trading Part 2 (Positional)
Traderji - 000 000


Sub : Application for leave.

Dear Sir,

This is for favour of your kind information that, I could not post anything during last two days due to non functioning of my internet connection. It is observed that during the upmove of last two days, my modem was not functioning. It seems that it is also being converted to bear.

However my leave application for the above mentioned period may kindly be granted.

Thanking you.

Sat Da

Satda ,

My god , even ur modem stopped functioning at this upmove , god save ur equipments from this upmove , you have made everything a die hard bear.

Now its working fine , it seems we will fall 2moro , gayi meri CE paani mein.

We know you bunked the class , why give leave application?

 

[Cactus]

I don't follow, but u can find here..........

http://excelta.blogspot.com/search/label/Trin or Arms Index

Anyone here who follows TRIN indicators

 

[orderflow13]

By alex_laxya
observations -
1) ADX very near to 60 and its rarely found that charts touching that mark,
mean ?in this case oversold.
2)Open interest put call ratio gave very early the signs of reversal , but now it seems testing the buying support.
3) Impulse bar turn blue already,means every hourly decline should take as buying opprtunity with very tight stop losses, remember we still in downtrend in weekly,monthly chart.
4) Position size ( long ) must be minimum on such reversals as risk is more with higher rewards.

 

[orderflow13]

By alex_laxya

volatility index ( fear index ) turn down, yet not sure, if it will go downwards or move up again, but we can speculate lookin at impulse bars at bottom, consolidation on lower range of bar is bearish, if the break out happened on downside then we can expect changing in sentiments and vix may touch to 50 levels ( extremely speculative ).
what is this mean ? Sentiments will improve and pull backs will not sold off, and if we found volume increasing on higher price bars then pull back may turn in to rally

 

[S S]

Hi!

May be I am an extra Dumb guy.... but something is missing...?

On Wed 29th Oct, Nifty closed below 2700.

Thu 30th Oct was a Holiday.

Only one day left for trading in Oct.... that is on Fri 31st Oct.

How can Nifty close above 3511 in Oct...?
Jump for 800+ points for Nifty on a single day...?

Impossible.

Or is it 2511...and a typing error...?

Genuine question, and NOT a fault finding.

Cheers!
SS

 

[orderflow13]

Hi!

May be I am an extra Dumb guy.... but something is missing...?

On Wed 29th Oct, Nifty closed below 2700.

Thu 30th Oct was a Holiday.

Only one day left for trading in Oct.... that is on Fri 31st Oct.

How can Nifty close above 3511 in Oct...?
Jump for 800+ points for Nifty on a single day...?

Impossible.

Or is it 2511...and a typing error...?

Genuine question, and NOT a fault finding.

Cheers!
SS

..lol ..its sat da aka ' bear' ...its his style of saying market still in bear trend, until what u correctly mentioned above happen.

 

[mitasatyajit]

Hi!

May be I am an extra Dumb guy.... but something is missing...?

On Wed 29th Oct, Nifty closed below 2700.

Thu 30th Oct was a Holiday.

Only one day left for trading in Oct.... that is on Fri 31st Oct.

How can Nifty close above 3511 in Oct...?
Jump for 800+ points for Nifty on a single day...?

Impossible.

Or is it 2511...and a typing error...?

Genuine question, and NOT a fault finding.

Cheers!
SS

..lol ..its sat da aka ' bear' ...its his style of saying market still in bear trend, until what u correctly mentioned above happen.

S.S.,

I think u got the answer. If u close below 3511 in October, at least bullish trend is not there. The possibility of other two trends downward or sideways. Now ur choice remains in two trends bearish / sideways.

Ofcourse high/resistance at 3511 during November comes into account, if u can cross the downward thick maroon lines. Have u sufficiant fund to cross the thick maroon lines ?

Let us know ur choice.

 

[Czar]

To
Czar
Thread starter
Nifty Futures Trading Part 2 (Positional)
Traderji - 000 000


Sub : Application for leave.

Dear Sir,

This is for favour of your kind information that, I could not post anything during last two days due to non functioning of my internet connection. It is observed that during the upmove of last two days, my modem was not functioning. It seems that it is also being converted to bear.

However my leave application for the above mentioned period may kindly be granted.

Thanking you.

Sat Da

you are hereby granted post paid leave & immediately request your goodselve to get a bullish modem after the next down bar atleast for 2 months

Czar, can we consider Jan crash as the first bottom and then 3800 as the second and then last week's 2210 as the last bottom

Nope 2 more left for next year I guess

One of my friend calculates the TRIn values for Dow and Nifty , afl for amibroker i wont have , will check with my friend if she has one.

I am learning these things from her.

Ya RN is a big follower of Elder & I have several times told her to post here but she Said this place is too serious

 

[Czar]

& no Cool she does not read charts , only does calculate in excel, so afl is no question