Nifty Futures Trading Part 2 (Positional)

[pkamalesh]

Supeeerb god sent rallies............

 

[mitasatyajit]

 

[coolboy007]

Demand for old modem is increasing day by day. Today giraffe went up , ran and then became thirsty as inflation came.

Satda , are u into any positional trade.
Are u long or short on any trade with ur pyaare sleeping profits

P.S I wonder how much cn one make if he cn leak inflation data.
Mindless longs on inflation expectation were caught offguard today.

 

[the tape]

It takes efforts to make higher highs, why should bulls give up their "won" advantage !!

 

[rishig38]

the tape, I really dont know how to read your charts...please help us in interpreting it...

 

[the tape]

the tape, I really dont know how to read your charts...please help us in interpreting it...

Hi rishi ! umm it would be very difficult for me to explain like this. if u could be more SPECIFIC then it will be much easier. This one's an example of higher highs made by bulls which can be assumed as the action and the second rally was like a reaction to the first rally immediately after the opening.

Well, u see in nifty, usually the highest volume appears in first few bars, therefore, the action that takes place in those first few and high volume bars, influences the whole days movement.

U are welcome to ask whatever comes to your mind

 

[orderflow13]

wow nice to see tape posting chart, hope it wd be a regular affair

 

[rishig38]

Dow down over 4% now...ICICI Bank ADR down 4.5%...if it stays like that, we should open at least 100 points down on Nifty tomorrow....

 

[pkamalesh]

Was determined not to break saint sirs 30 min rules today...so took the chance in another account purely watchig volumes...they really helped....a sudden increase in the volumes....somethin fishy..and in the second part(down turn), the inflation data helped..

 

[pkamalesh]

Dow is falling right down...the lazy thing is not even making an attempt to come up....i knew this would happen when i cover all my shorts..thank me buddies...if i wouldnt have covered the dow would have been above 500....