Nifty Futures Trading Part 2 (Positional)

[nath2211]

Hi Seniors
I m new to this forum n have learnt about saint sir's trading method...
can u plz tell me hw u r trading....r u long on nifty now....if yes then what is the SAR...how do u take the sar?
thanks

 

[renu daga]

nifty will hover around 53 value,, close baove this...and if close above todays high is there it will good,, and we can see again some upper rally

renu
( infosys sold at 33..with stop of todays high,,which is hp

 

[renu daga]

infosys covered at 30.70,,, mkt too volatile... seems nifty will def close above 53

renu

 

[renu daga]

infosys,,,27/26,,my bad luck,,,because i dont have the proper ability to raise/ down my stops

renu

 

[pkamalesh]

 

[pkamalesh]

Total open interest in the market was Rs40,655 crore and Rs38,927 crore were reduced in open interest.
Market wide rollover was 77.09 %, whereas rollover in Nifty futures was 76.27 %.

 

[Czar]

IMHO we cannot draw TLs connecting every new low point.... they are just false BO's, etc

 

[pkamalesh]

Thanks czar....will check that...

 

[Czar]

point is to catch the trend or break of it....

 

[orderflow13]

this SM giving wild fluctuations in intraday basis and eod basis( referring to the excel ) ..until we not able 2 feed on chart, cant understand the nature on intra basis but this wild fluctuations in day must only possible if 1) implied volatility changing minute by minute basis 2) market participants make an error in calculating fair price of option and institutions/smart money make use of it and drive prices towards normalency
today interesting thing observed o i pcr increased but pcr also increased ( theoretically b'cuz of increase in implied volatility ) .which drive down the sm .. for study purpose tomorrows day is important to decide whether rely on oi pcr or combined math which relates to calculation of sm ...
most of the opportunity arises when market is not efficient and our option market is still in nascent stage which leads to enormous possibilities