Nifty Futures Trading Part 2 (Positional)

[lalpar]

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

oh then PM be friend where and what time will like to meet everyone

 

[satyamsit]

Now a very interesting thing i wanna discuss, this pic had been posted for more than once inform of closing and high-low in previous occasions. on left side we last rallied from below the red tl in sept'07 and see what happed... b4 brking it we retraces exactly 38.2%. after sept'07 this time did rallied from below the red line, and see whr this 2228-3298 38.2% is pointing at ... its 2885. so below this 2885 some big big turbulence may come very easily.

posted 2 days back.as of now we r holding this.who r not in positional form b4, shudnt go aggresively short at that 2885-2850 lvel.can watch rt level given below. thats a broader view.



now exactly whats happening in short term... we hit 1.618 yday at 2854... and retracing upward... .382=3023(yday high almost) .5=3076 .618= 3128

me personally watching 3030.. above that some more can come.

 

[Czar]

only a close above 3035 today spot is bullish otherwise pappu till then... & a close below 2900 is in favor of SatDa... between that is no mans land, only women allowed

 

[satyamsit]

only a close above 3035 today spot is bullish otherwise pappu till then... & a close below 2900 is in favor of SatDa... between that is no mans land, only women allowed

can we exchange thanx on that note... u getting 3035.. me getting 3030.

 

[learn2trade08]

czar....sorry was gone,did u noticew 2800 puts last few minutes
some one writing puts left right and center

 

[satyamsit]

posted 2 days back.as of now we r holding this.who r not in positional form b4, shudnt go aggresively short at that 2885-2850 lvel.can watch rt level given below. thats a broader view.



now exactly whats happening in short term... we hit 1.618 yday at 2854... and retracing upward... .382=3023(yday high almost) .5=3076 .618= 3128

me personally watching 3030.. above that some more can come.

high made 3027 and the came down to 2955... exactly 50% of todays high low 2883-3027, bounce from the.... as czar bhaiya said its no mans land between 2852-3030... but giving some indication to go up....
frist tooks that 38.2% wala supp at 2885 then bounced from 2955.

 

[Czar]

Nifty fut picture perfect bullish in 1/2 hourly chart but volumes making doubts....

 

[Czar]

lol Satyam we are consistently posting same forecasts even though our method is diff.. you may join the astrologer gang with me & Rajaram

 

[roameri]

HERE WE GO FOR TOMORROW...

Dear pkamalesh:
Your S:2784/R:2932 for 07/11/2008 was well predicted.
Are you going to repeat this feature for future trading days too?
Thanks,
j.

 

[mukulntpc]

I dont knw much about techanical
but 1 thing i know if market is beaten down in the week then we can go long on friday or last hour of market on thursday itself to catch fruits of shirt covering
same if up then short on friday or last hour of market on thursday itself. I am making money like this and my traget is only 25000/- per month,coz i am a small player
thanks