Nifty Futures Trading

[learn2trade08]

if you notice even with todays data,we have a lower high and a lower low on the daily...
thanks

but isn't this strange... correction was expected yesterday & today too... but not much downside was seen...
doesn't this speak something about strength of bulls...

(though personally, as i said before, i would welcome a correction till around 4450/30 for overall good health of nifty's bulls)

 

[mitasatyajit]

Again to cover short as nifty seems to not close below 4500 (daily TL). Will see another opportunity to go short at higher price next week.

Regards.

 

[Sunil]

20 pts premium is being maintained in FUT...!!!

 

[Sunil]

if you notice even with todays data,we have a lower high and a lower low on the daily...
thanks

ya, that's what i mentioned to renu... seen over wed-thur-fri
i m carrying a put option with SL spot 4580+ (yesterday's HOD)

 

[Czar]

carrying cheap 4800 calls & bought 4500 put to counter at 123

 

[Sunil]

with all this volatile V movement for today, we have just closed
F L A T
!!!

 

[learn2trade08]

i cant recollect the exact number but we have the neckline for a inverted h&s on the dailys somewhere around these level,hence positional traders i guess are fighting hard to keep it afloat...
thanks

ya, that's what i mentioned to renu... seen over wed-thur-fri
i m carrying a put option with SL spot 4580+ (yesterday's HOD)

 

[uasish]

Czar is right,it would be better to follow the works people are doing there.
However i will try some Positional Trades from Monday.

 

[learn2trade08]

today i added 3600 puts,i dont think nifty will go there this expiry...still those are the only puts that i can afford to hedge my 5000 calls....
thanks

carrying cheap 4800 calls & bought 4500 put to counter at 123

 

[Sunil]

Czar is right,it would be better to follow the works people are doing there.
However i will try some Positional Trades from Monday.

thnks da..
AND I M SURE SATYAJIT DA WOULD BE MOST HAPPY FOR THIS... HE WAS THE ONE WHO HAD MADE THIS REQUEST/SUGGESTION FIRST



(well, just wanted to confirm - by positional trade, u mean trades which may have to be carried forward; also such trades cannot be initiated everyday unless a particular & reasonably safe entry level comes up)???