Nifty Futures Trading Part 2 (Positional)

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Czar

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anything particular for longs apart from the gap's, cz?
there definitely seems to be a hammer e.o.d...
many... 1st a bullish engulfing in hourly, 2nd nifty got support whole day at 2700/20 levels, pull back had good vols, many indicators pointing to a bounce, a gap needs filling, 2700 puts oi still strong... rest I will say if the Nifty actually bounces on tue to 2850 :D otherwise mums the word... :cool:
 

kindman

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Nifty in clear bearish trend...
Buy march put of strike 2700 near 125 rs
sell march 2 put strike 2400 near 45 (butterfly without lower wing)

max loss = 35 rs
max profit = 265 rs (if nifty closes near 2400 in march)
 
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uasish

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many... 1st a bullish engulfing in hourly, 2nd nifty got support whole day at 2700/20 levels, pull back had good vols, many indicators pointing to a bounce, a gap needs filling, 2700 puts oi still strong... rest I will say if the Nifty actually bounces on tue to 2850 :D otherwise mums the word... :cool:
Yes,i would close my positions & wait to re-enter on higher side, if it cant cross 2740 in the Opening & in case of Gap Down your above points encouraged me that 2700 is well defended today.
I have an excellent indicator to gauge the Mkt strenght, whenever i loose by 10 points instantly an alarm bell rings,it has to be Ulta Sauda,i took a wrong directional call.:D Today my 2nd Shorts Stop was run & i lost money in the 2nd trade.:D
 
C

Czar

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Yes,i would close my positions & wait to re-enter on higher side, if it cant cross 2740 in the Opening & in case of Gap Down your above points encouraged me that 2700 is well defended today.
I have an excellent indicator to gauge the Mkt strenght, whenever i loose by 10 points instantly an alarm bell rings,it has to be Ulta Sauda,i took a wrong directional call.:D Today my 2nd Shorts Stop was run & i lost money in the 2nd trade.:D
:D many need this alarm...

well as per my indicators where we bought I call it safe zone... even in case of gap down we get exit with minimum damage... unless DOW goes lower circuit... :rolleyes:
 
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