Nifty Futures Trading Part 2 (Positional)

[rishig38]

today was a good day for intrady was able to cath the down as well as up ...But 2770 is def a strong resistance as well as 2820 .....

but what abt gap up lalpar? I am only worried about that...

 

[praveen taneja]

mine was a super bad day bro.bought 2500 put n then after that no power n when that came back put is at 25 vs buying at 47 grrrrrrrrrrrrrrrrrrrrr

 

[coolboy007]

I went long today when 2665 and even 2700 was convincingly broken.
Would keep SL for this positional trade at 2500. Am hedged as usual.

 

[praveen taneja]

good but i think mkt already taken the advantage of expected auto bailout tonight at US lets see wat happen on monday.hav a nice weekend

 

[coolboy007]

good but i think mkt already taken the advantage of expected auto bailout tonight at US lets see wat happen on monday.hav a nice weekend

I guess the AUTO bailout has been deferred to next month so no Q of that.
The Hype is regarding Citi takeover. Lets see , we may have 100-200 points to play with. The amt of short covering which came in last moments was amazing.

 

[praveen taneja]

ohh yes that is always amazing when u r with the trend but if u r opposit hahahaha u can understand the anguish on that.now its really bore to visit traderji all the persons and start of traderji leaving one by one
No one whom u can ask or consult and even in flo w too no one post anything so trade according to trend n trend is our friend but where the hell is that trend???????????

 

[rishig38]

ohh yes that is always amazing when u r with the trend but if u r opposit hahahaha u can understand the anguish on that.now its really bore to visit traderji all the persons and start of traderji leaving one by one
No one whom u can ask or consult and even in flo w too no one post anything so trade according to trend n trend is our friend but where the hell is that trend???????????

who is leaving? No one left or did they? Although I see Sunil is also not posting actively as he used to Asish da had something important to take care off...besides that everyone is here, right?

 

[orderflow13]

ohh yes that is always amazing when u r with the trend but if u r opposit hahahaha u can understand the anguish on that.now its really bore to visit traderji all the persons and start of traderji leaving one by one
No one whom u can ask or consult and even in flo w too no one post anything so trade according to trend n trend is our friend but where the hell is that trend???????????

every one is here praveen , n yes there is no trend as we hv range market , so no use finding the helluva trend

 

[pkamalesh]

Any body still wearing (carrying) shorts ?? , I did not have any courage to hold after 2675

yes sir im still wearing them(not because of my courage but because of my internet problem)....Now god save me on monday..or else 2 weeks earnings will be reduced to ashes..

 

[arsenal_7]

Nifty bear market rally coming to an end with reversal "double top" formation and breakout on 12-Nov.


View attachment 10621

Nifty achieved its target of " Double top formation" at 2520-2480 and bounced from 2500. The bounce in ideal case should touch 2860, but may or may not happen as the formation was not so strong. Nifty may head downwards as weak "double top formation" bounce often fall short of neckline and some resistance at 2730-2750.

S&P 500 has formed a massive "Double Top" of titanic size over period of 10 years. S&P 500 has broken the neckline (low of 2002) yesterday and some TA's are sniffing capitulation with few targets at 660, 600 to 400. some are forecasting it to be today and some TA's expect in few days.