Nifty Futures Trading Part 2 (Positional)

[Czar]

the puts need to shed some serious interest for a bigger fall, otherwise table tennis still on...

 

[praveen taneja]

BREAKING NEWS :- Reliance Infrastructure plunges as promoter pledges shares

The company made this announcement during trading hours today, 16 February 2009.

 

[the tape]

Short in nifty @ 2842 for continuation. sl 2858

 

[Czar]

Short in nifty @ 2842 for continuation. sl 2858

15 oversold pull back should come...

 

[praveen taneja]

Short in nifty @ 2842 for continuation. sl 2858

Any specific reason for shorting at so low level when mkt is not showing will to go up or down
Europe open red is this the reason

 

[praveen taneja]

What's wrong with shanghai everyday up by 3%
Or is it going up to fall sharply
there Export and all Data were so bad but still its in Honey moon??????

 

[the tape]

Any specific reason for shorting at so low level when mkt is not showing will to go up or down
Europe open red is this the reason

The reason is appearance of an evening star reversal in direction of the major trend ( 5 min )

 

[dumdum20008]

What's wrong with shanghai everyday up by 3%
Or is it going up to fall sharply
there Export and all Data were so bad but still its in Honey moon??????

might be he is gaining speed for dream fall after this dream run

 

[Czar]

Nagarjuna Fertilisers has broken out, with good volumes, from a horizontal trading range.
Once can wait for a further confirmation of price movement for the stock to close 50p above today's close.
Est tgt 21 conservatively, 22.50 to be precise.
Of course mkt has to support for the stock to move to tgt lvls.

Seniors, please comment / correct if you find anything incorrect.

Sorry for posting here but since it was asked here.... see Murtuza how it could not cross this horizontal line...

Edit: Ideal would be to take position around this channel & stop would be close beyond the channel...

 

[MurAtt]

Yes thanks Czar.

I had sq off my position the very next day and that has helped me by making some money and not loosing some too. If I had waited - the profits would have gone too and the capital would have reduced too.

Murtaza

Sorry for posting here but since it was asked here.... see Murtuza how it could not cross this horizontal line...

Edit : I had bot when it was 17.3 and sq off at 18.60.