Nifty Futures Trading Part 2 (Positional)

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coolboy007

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Let me guess.......!

To start with, he must have been long for 2500 Put, and when the markets started the uptrend, he must have bought the futures :D

Correct me, please........!
NAHI NAHI NAHI....

When came home mkts were at 2640-2650. Took a 2900 dec ce and in final minutes took a pe 2400. It was ma luck that i got the pe 15-20 cheaper as mkts rose non stop in last half hour.

I dont do writing ce , pe etc. Thats for the exerts and i leave it for them. Dont want to do ungli in things which hav high risk. In buying ce pe atleast if i go wrong , the capital dad has kept in ma bank will be wahed out but if i sell call/pe then my bank bal will be washed out and i will take away dads bank balance also:D

Now my hope is mkts go higher on monday and sustain till i come.
Karle tu zyada ka iraada.
 

pkamalesh

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Dow always rallies only in the last hour...what happened on 21st was it dropped by more than 300 points in the last hour and yesterday it rallied 400 points up in the last hour....Dont thnk anythins for sure....we might rally down.....nothins positive...every thing is being assumed...


 

coolboy007

Well-Known Member
kammy ,

In Dow , whatever the trend is in last hour accelerates heavily in last 20 mins in DOW , non stop up or down.
The thing is Europe will open higher as they fell in sympathy with DOW as dow was in red at their closing time and then dow rallied 6 %+.

Asia respects overnight cues or not is yet to be seen. But a positive bias cannot be ruled out. When DOW plunged all mkts were down few days back .... Monday will be very very interesting.
 

pkamalesh

Well-Known Member
kammy ,

In Dow , whatever the trend is in last hour accelerates heavily in last 20 mins in DOW , non stop up or down.
The thing is Europe will open higher as they fell in sympathy with DOW as dow was in red at their closing time and then dow rallied 6 %+.

Asia respects overnight cues or not is yet to be seen. But a positive bias cannot be ruled out. When DOW plunged all mkts were down few days back .... Monday will be very very interesting.
Yeah looking at the dow jones futures...it managed to close above the oct lows...the thing to watch out are the red and maroon Tl's which it has not breached...if it closes below the red Tl on monday i would assume that it has only formed yet another pivot low....and once breached the lower dotted line in green..its red for all markets...i hope it comes before expiry...


 

coolboy007

Well-Known Member
Breaking 7500 will not be a big job if they fall. Just a matter of few 400 points for dow:D No significant report is coming out of wall street on monday just existing home sales.

TL is at 7500, it tested that zone 3 times last night and finally went way up. I have a feeling that we may see 3k next week... Not bcoz of am long but just my gut feel , maybe a dream:cool:
You are short na??
 

coolboy007

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Yes yaar...even i feel well have a strong up move...Gotta throw my shorts on monday....banged my internet guy yesterday...and after thatbanged my head too..hahaha
You couldnt sq off shorts because internet wasnt working. Thats sad indeed. Could have used Dial n trade with ur broker, this month i have outdone myself on ma losing streak , if i lose again maybe i will have to quit trading for some time:(

No more conversation here bro , either chit chat or not. Pataa hai na tumhe:D
 
Breaking 7500 will not be a big job if they fall. Just a matter of few 400 points for dow:D No significant report is coming out of wall street on monday just existing home sales.

TL is at 7500, it tested that zone 3 times last night and finally went way up. I have a feeling that we may see 3k next week... Not bcoz of am long but just my gut feel , maybe a dream:cool:
You are short na??
dow 7000
nasdaq 999
strait 999
kospi already 3 digits
nifty 2000
sensex6500
shanghai 1300
akhir tumhen aana hai jaraa der lagegi:D
i give them max time christmas I am in good mood if someone want can give some more time but only now not later ok:D
 
but what abt gap up lalpar? I am only worried about that...
I am waiting for the Gap Up ..Lets see how things span fater that :) ...Market are already discounting the proposed RBI rate Cut and stuff :) Dec will be a good month for sure :

The short at 2715 was covered at 2534 bec all indicators were confusing so better not to be in position when confused in this volatility..Then traded intraday for last 2 days..Now will get back to positional..

In volatile markets we have to switch very fast..Actually I had given an ordet for positional long at 2490 th day before but market came till 2465 ...Missed it!!
 
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