Nifty Futures Trading Part 2 (Positional)

[mitasatyajit]

satya, maybe you need to re-draw the trend line from the lows of Aug 29th and touching the highs of today..that could be our new trend line in my opinion..What do you think?

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Is that ok rishig38 ?

 

[mitasatyajit]

Czar, told u na ? Renu was the first identifier of this upmove.

 

[rishig38]

never mind, you can go ahead and delete that trend line...it just got breached

 

[mitasatyajit]

nifty forming ascending trisngle,,, which will break on upside after 75/77..positive on that ,, long form 58

renu

See the calculations.

 

[Czar]

oops updated in the intraday thread...

update: The 5/20 MA's I follow have given -ve crossover in hourly, now the pullback we see it the 5 testing the 20 from below... but the bearishness is confirmed till we dont recrossover...

 

[renu daga]

hey dada..leg puling me,,,,

it did not cross as per my timings...it failed teh triangle pattern an dtook break out below,,rather was supporting teh previous dayus desending traingle on 5 mn chart(rememebr on closing i had said,,it wsa forming descending..!!!)..

it completed and tehn it shoot after stoch div,,

renu
when i am wrong ,i am wrong,,,nothing to ,, hide

 

[renu daga]

92///accomplished...next 4410
letssee

 

[mitasatyajit]

hey dada..leg puling me,,,,

it did not cross as per my timings...it failed teh triangle pattern an dtook break out below,,rather was supporting teh previous dayus desending traingle on 5 mn chart(rememebr on closing i had said,,it wsa forming descending..!!!)..

it completed and tehn it shoot after stoch div,,

renu
when i am wrong ,i am wrong,,,nothing to ,, hide

No, not legpulling. I wanted to say, shorter the time frame - bigger probability of mistake.

 

[Sunil]

i'll need czar's confirmation on this:

I can see call options' rates (of 4600+ strikes) slowly inching up...
NF is near lower range of day, but above options' prices are near upper band of the day

and czar, if u get TimesOfIndia, check out it's first HEADLINE page on NSG... confident of going through with "minor" adjustements in clauses...

I have entered positional longs again using such OTM calls

 

[SamFisher]

... TimesOfIndia, check out it's first HEADLINE page on NSG... confident of going through with "minor" adjustements in clauses...

I have entered positional longs again using such OTM calls

But Sunil here is the latest from Hindu

Nuclear deal at end of road
http://www.hindu.com/thehindu/holnus/000200809051320.htm

Even i am planning to enter long but do not know for sure