Nifty Futures Trading

[Czar]

dear czar,
were u refering to the fib levels 4540...if so do u think 15 points +- would effect...
i have a feeling run still in tact...can u please shed some light later in the day when u are free...
thanks

Definitely run intact, but we were highly overbought today morning... We have to test multiple break out trendlines & cannot run away straight up FYI

The trendline from Jan & March bottom stopped the advance, we are sitting right below it

 

[learn2trade08]

dear czar,
Sincerely appreciate your time.thanks a lot for helping.
all the best

Definitely run intact, but we were highly overbought today morning... We have to test multiple break out trendlines & cannot run away straight up FYI

The trendline from Jan & March bottom stopped the advance, we are sitting right below it

 

[rajaram.dilipkumar]

like always best not to have any bias either bullish or bearish while trading...enc hourly

 

[abhinkoi]

like always best not to have any bias either bullish or bearish while trading...enc hourly

Yes rajaram you are correct. A bearish wedge is forming with a support visible at 4430 area. Below that it wud give a bearish BO for 4330 which is the weekly pivot as of now. Lets see how it moves ahead.

Cheers
Abhi

 

[Czar]

like always best not to have any bias either bullish or bearish while trading...enc hourly

One question Rajaram, why do you draw the top trendline from 26.06.08 why not like the P1 & P2 lines:

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[learn2trade08]

sir,
you have posted approx more than 10 mesages jut coz nifty was flat,wondering what is to happen if it were to fall tomorrow....:
please share your studies not ur calls is the mantra of this thread...
thanks

Dear Friends, I gave Nifty fut at 4615 for a target of 4450 in a day or two. Till 2.30 PM all traders were telling me that I am wrong and Nifty will go to 4750 and they were buying Nifty calls and Stks, but after 2.30 things chaged as I was expecting and thereafter everyone was also me what to do as they all were stuck. I am in this mkt for the last 10 years and hv done reading on Nifty and stks these years, so my experience spks. I am avble on ***** messanger during mkt hrs. My id is vipin42. Regds and Good Luck to all. Vipin

 

[lalpar]

Dear Friends, I gave Nifty fut at 4615 for a target of 4450 in a day or two. Till 2.30 PM all traders were telling me that I am wrong and Nifty will go to 4750 and they were buying Nifty calls and Stks, but after 2.30 things chaged as I was expecting and thereafter everyone was also me what to do as they all were stuck. I am in this mkt for the last 10 years and hv done reading on Nifty and stks these years, so my experience spks. I am avble on ***** messanger during mkt hrs. My id is vipin42. Regds and Good Luck to all. Vipin

it will be good if you start your own thread coz everyboy can learn..

 

[mitasatyajit]

sir u mean 4197 is the exit point from shorts from here onwards

http://www.traderji.com/derivatives/18953-nifty-futures-trading-932.html post #9319

Please refer to that link, the significance of the 4197 will be clear. The resistance on that link was at 4628.

Regards.

 

[praveen taneja]

http://www.traderji.com/derivatives/18953-nifty-futures-trading-932.html post #9319

Please refer to that link, the significance of the 4197 will be clear. The resistance on that link was at 4628.

Regards.

ohh thnx n sorry to say u r late in telling i exited from long at 4525 n bought puts so put bought at higher rate but any way thnx god bless u

 

[kapil123]

Dear Friends, I gave Nifty fut at 4615 for a target of 4450 in a day or two. Till 2.30 PM all traders were telling me that I am wrong and Nifty will go to 4750 and they were buying Nifty calls and Stks, but after 2.30 things chaged as I was expecting and thereafter everyone was also me what to do as they all were stuck. I am in this mkt for the last 10 years and hv done reading on Nifty and stks these years, so my experience spks. I am avble on ***** messanger during mkt hrs. My id is vipin42. Regds and Good Luck to all. Vipin

Dear Vipin,

I think this is a wrong place for promoting your services. This thread is for sharing and learning.

Maybe you can start a new thread giving your trades as they come, as it's been wisely said it is very easy to trade the left side of the chart.

Cheers,

Kapil