Nifty Futures Trading Part 2 (Positional)

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coolboy007

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Dow baba has again fallen off the cliff , seems another gap down opening is coming around 2750. Asian mkts will ditto follow Dow and we asian mkts:D

Now dow down 5%
 
Hi Friends

Back to trading...Hold Nifty SHort and also PUT!!

Was following the thread even while I was not trading!!

2 days back Satyajit Shorted at arnd 3200 levels and covered at 3111 lvels coz 3111 was a crucial level..But Market did not break it convinvingly..Shouldnt we give a room of abt 20 points to 3111?coz we are positional traders and look for 100 to 200 points so we shld be ready for this small loss!!

what do u all say friends!!
 
L

learn2trade08

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lalith welcome back...........heard traderji guys are meeting in bangalore this weekend...

:)



Hi Friends

Back to trading...Hold Nifty SHort and also PUT!!

Was following the thread even while I was not trading!!

2 days back Satyajit Shorted at arnd 3200 levels and covered at 3111 lvels coz 3111 was a crucial level..But Market did not break it convinvingly..Shouldnt we give a room of abt 20 points to 3111?coz we are positional traders and look for 100 to 200 points so we shld be ready for this small loss!!

what do u all say friends!!
 

rishig38

Well-Known Member
Satya, your monthly and quarterly charts indicate 1366...that is scary for everyone even though I am myself holding shorts...I am trying to read your monthly chart and it seems that it is suggesting 1366 on Nifty just this month:confused: and where does the support line on 1366 come from??
 
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