Nifty Futures Trading

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Sunil

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Dear renu'ji ,friends
sorry,i am of no help to you.Couldnt log on earlier as i had gone out...Btw where is Satyajit sir,is he not posting hourly charts.the only chart posted today is from you:confused:....
come on people...my only open positions are nifty 5000 ce's which i had bought a couple of days ago(i dont think i am going to tranact this till expiry.)
help me get the rythm..:)
thank and all the best!
u mean, u r expecting 5000 by this expiry (28 Aug) assuming your r holding 5000 Aug Call...!!! ??? :eek:
ie from 3800-5000 (30%+ return) from an index in around 40 days...!!! ??? :eek:

i think, around 4650-4700 you should book out some/half of your holdings...
 

renu daga

Well-Known Member
got the india bulls connected,,,,,same password,,,!! offf

as posted nifty moved from trendline til forming new hp,,,at 4607 osmething like that!!

and now down,,its on tremndous support of bands on 1min,, here buying can be donw

sunil is rgt,,,at 4700,,profit booking for hsort term tarders can be done..

renu
 
L

learn2trade08

Guest
dear sunil,
if you notice we have doen 25% in 7 trading sessions from the lows of 3760....even if it doesnt i have no regrets as i buy calls from my day trading profits..even as per conservative estimates if 4700 were to happen,then i have atleast trippled my monday's profits from trading and not my original capital(i only buy calls from profits and not my initial trading capital)...so even if i lose,i can console myself thinking i never made profits say for a couple of days or this instance on monday and tuesday...
all the best!


u mean, u r expecting 5000 by this expiry (28 Aug) assuming your r holding 5000 Aug Call...!!! ??? :eek:
ie from 3800-5000 (30%+ return) from an index in around 40 days...!!! ??? :eek:

i think, around 4650-4700 you should book out some/half of your holdings...
 
L

learn2trade08

Guest
4540-4520 should be good support as it will cover the gap and also a good support for fib on daily basis...
thanks
 
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