Nifty Futures Trading Part 2 (Positional)

[pkamalesh]

 

[dumdum20008]

Hi,
Ready to fill the gap ????

 

[dumdum20008]

Today' 10- min Opening range ( 2787- 2800)
Long initiated after validation, @ 2814
Long Exited @ 2821 as probable -divergence on RSI
[ will post chart after market]

 

[dumdum20008]

Hi,

I have not anticipated such slow pace market. It was looking very promising as todays OR was fantastic at 13 points. Atlast NF manages to cover almost 85% of daily ATR

 

[orderflow13]

VIX below 30 and oipcr sustain above 1.20 is bullish for longer term, meanwhile chart is neutral to bearish

 

[dumdum20008]

Hi,

NF-10min Opening Range (2869 - 2851) (18 points)
A downs @ 2841
short entered after validation @ 2838
Short exited @ 2823
[will post chart after market]

 

[Aman1]

hi dumdum2008,
nice analysis. I see your nse-nifty intraday chart comes with volume. Is it future or cash? Which service do use plot nifty with volume? Thanks.

 

[dumdum20008]

hi dumdum2008,
nice analysis. I see your nse-nifty intraday chart comes with volume. Is it future or cash? Which service do use plot nifty with volume? Thanks.

its nifty future near month. chart is drawn on my friend's sharekhan's tradetiger terminal. I only use it for ACD , but actually trade in rkglobal

 

[learn2trade08]

hoping you people are doing allright,hope to see u guys more often.

A BEAR MARKET RALLY.

CANT WE SAY WE ARE STILL IN A FULL FLEDGED BEAR MARKET RALLY???
YES WE CAN, AS LONG VOLUME IS NOT GETTING ASSOCIATED WITH THE UP MOVE IN PRICE.

As per earlier post dow tested the TL y'day, now the suspense... A close below 8150 now would be bad but crossing over 8700 will be very good...

alrite friends !!! i m outta here

 

[dumdum20008]

Hi,

yet anathor rational trading day. I think option pain is to work best in rational market. here is today's ACD trade

Honastly telling, apart from straddle position at 2800 ( which based on option pain) and real testing of ACD this week, i really missed 2 bumper penny option trade- one last friday and second today. However they have less correletion with this expiry option pain at 2800, but rather they were promissing candidate in view of " buying low and selling high" and " risk- reward ratio". Its giving me real pain of missing, but its destiny- i cant fight it. these are the trade

1) On last friday, in last half hour after hitting the bottom @ 2635, i bought 1000 CE 2800 @ 5, and with in minutes towards close, sold @ 6.5. It jack-lifted to 7 at LTP, --giving indication of early market turnaround from next trading session. I had no sight of, Option Pain hovering @ 2800 because of joy of last trade.
In this week the call hits upper circuit @ 20 and today hits high around 67.
What i lost ------

2)yesterday 2800 PE closed around 9, and NF around 2846. It was clear if todays mrket opening follwo gap up , then put would be in penny. exactly same happened-- it hits low 1.5 at opening and can be captured at 2-2.5.
subseqently it hits the high of 18. But i was busy in ACD ignoring every thing.

[ both trade are in perspective of option pain, buying low selling high and risk reward ratio]