Nifty Futures Trading Part 2 (Positional)

[mitasatyajit]

one day I am not there & u guys crash the markets, not fair...

well market fooled all swingies yesterday & has come to test the bottom, lets watch, if we fall thru 4318 NS & 4331 NF & remain down for more than few mins then It seems its heading for atleast 4200/4225 region...

I think that is the ideal point to cover short positions.

 

[kapil123]

I think that is the ideal point to cover short positions.

Positional targets achieved in one day..lol

 

[mitasatyajit]

Positional targets achieved in one day..lol

No target is 4197, looking to cover before that (4200 - 4225 region), will think to long sept fut at that time, if double bot occurs or ?

 

[kapil123]

No target is 4197, looking to cover before that (4200 - 4225 region), will think to long sept fut at that time, if double bot occurs or ?

Yes I know the target is 4197, I have been following your charts..
Was just joking..

 

[learn2trade08]

Satyajit,sir..
you did to4500/4400 but now why are you so rude to 4300...How come no good bye message/chart to 4300...
all the best

 

[rishig38]

satya, what does the chart show now?

 

[rishig38]

next support comes at 4420-25 level..if that falls, then only 4190-4200 level can stop nifty from going down to 3800 levels...

 

[rishig38]

hmm Rishi, seems you are still short... support at 4420 ? support is usually lower then ongoing price or I missed some thing

eesh...I meant 4320-25..

 

[kapil123]

eesh...I meant 4320-25..

Even 4320-25 has been taken out..

 

[rishig38]

Even 4320-25 has been taken out..

I am really dumb.,.I meant 4220-25..