Nifty Futures Trading Part 2 (Positional)

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This time i went in Satda's bear party and satda ne dhokha de diya
Where is Da these days when mkts r rising. Gone to hibernation i guess , Da me too coming.
Have some PE's but thank god they were hedged. my SL is at 3250.
At this pace will get struck soon.:D
Ohhh dear dont talk about beear bcoz the party of bears never come but beer party u can hav whenever calling me and on 3250 here is the culprit who will bring that at gap up opening:D

 

rishig38

Well-Known Member
Since Satya is missing with his bear modem, I am going to post the EOD chart for Nifty Spot...as you can see, the Nifty Spot is at a crucial point....its resistance is the 21 day EMA as well as resistance trend line...if it crosses that, then we will have further upmove but again like Satya said, we can enter in our shorts once the supporting 60degree trend line gets breached...till then, bears are resting....but once it gets breached, you bears will hammer down the bulls with full force...
 

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xtalk

Active Member
Why CNXIT fall by 4%? Is our FM -ve abt IT? Rupee went up by 2% and IT goes down :mad:....very bad; FM need to print more money. We need to see 4000-4500 at nifty before Congress goes to public. Our sweet FM has a plan. Anyway, my next target is around 3390-3400/20.

Our FM is our support-line:D
 
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