Nifty Futures Trading

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learn2trade08

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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)
 
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learn2trade08

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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)
 

Sunil

Well-Known Member
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)???
:confused:
 
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