Nifty Futures Trading Part 2 (Positional)

[pkamalesh]

Columbus bhai...yeah i think rishi was saying that the uptrend still exists( as shown in his charts)...Thoda miscommunication i guess...

Rishi bahi....NAVRATAN TAIL...thanda thanda..cool cool...chill man...It happens many time in our forum that we misread the post due to many reasons and i gues it happened to u too at some point or the other...take a chill pill bro..

 

[pkamalesh]

Really you are BOLD enough to have SHORTED on open.

Yes sir...i shorted because i believed that we would stay in that red lines wala range...and if u read the explaination for that chart that i posted yesterday night..i specified that inspite of the world market rallying, we would end up iin the red...so we were at the tip of the red line yesterday and there was no way tthat we could cross that...so decided to short and after seeing the volumes i dint want to cover them...

 

[rishig38]

Columbus bhai...yeah i think rishi was saying that the uptrend still exists( as shown in his charts)...Thoda miscommunication i guess...

Rishi bahi....NAVRATAN TAIL...thanda thanda..cool cool...chill man...It happens many time in our forum that we misread the post due to many reasons and i gues it happened to u too at some point or the other...take a chill pill bro..

PK...I am cool..I just replied to columbus' post...would like to apologize if it came up as a bit harsh....

 

[pkamalesh]

 

[pkamalesh]

PK...I am cool..I just replied to columbus' post...would like to apologize if it came up as a bit harsh....

Naa ree..i just felt that way...anyways....chal wel prepare for tomorrow's battle..hehehe

 

[rishig38]

stupid feds...announced 800 billion dollar worth package....giving steroids to a dead market...they will realize that once it is dead, you cannot bring them back from dead at least in a day or two....

 

[pkamalesh]

Rishi..u know what...even if the fed announces complex things now and then the dumb investors dont understand anything..thats why the dow has a target of 6500..hehehe...We indians are smart..we will fall now and gain when the dow falls..

 

[mitasatyajit]

 

[pkamalesh]

As we see the trend is intact...we could confirm this as a pivot low if it manages to break the support of the green lline...

 

[pkamalesh]

The 38.2% level hasnt been broken......its acting like a strong resistance areound the 2780-90 level....Nifty just kissed it and came down....