Nifty Futures Trading

[kapil123]

Double top at 4621 now.

Cheers,
Kapil

 

[learn2trade08]

trailing at 4610,tgt now 4590....whichever first....
thanks

Dear Friends, The mkt is in up trend and I feel Nifty to go towards 4760 - 4800 in this week. The trend line has been broken on upside and people who are talking abt double top at 4626 will be cleared soon as many frontline stks are gving breakout on upside. So enjoy the trade. Regds, Vipin Messanger ID: vipin42

 

[milkyblack]

Short from 4608 SL 4625

Regards

Half out at 4602... Remaining SL still the same !

Regards

 

[learn2trade08]

dear czar,
here is my trading strategy,miniscule compared to yours...
thanks
raising stops again to 4620.

just for my knowledge sake, those guys trying to shorts the market , what is the reason for going short, why not long with the stop of todays bottom +/- ? even 5 mins is sideways ?

 

[milkyblack]

iip no at 12 today.....expect move after tat in either direction...

Okay today IIP Number day !!! Lets see if the news is mirrored on the chart

Regards

 

[milkyblack]

Half out at 4602... Remaining SL still the same !

Regards

SL brought down to 19 (this is stop and reverse for me)

Regards

 

[Czar]

Funny thing is they are holding the top of 4616 spot, which will make it a double top if market falls (6.8.8 top too 4616), so are the trying to scare or ....

 

[uasish]

Okay today IIP Number day !!! Lets see if the news is mirrored on the chart

Regards

Till now ,my view ,the lower point for Short below 4597.00 & for Long ,above 4621.05.

 

[learn2trade08]

i have a stupid explanation,i think the daily traders are building on longs based on inverse h&s and intraday traders are looking for a higher pivot low ....
looks live eventually markets are going to go up on massive short covering+long build ups,but for a small trader like me 30 points should suffice my needs.
thanks

 

[milkyblack]

Till now ,my view ,the lower point for Short below 4597.00 & for Long ,above 4621.05.

Thanks Asish Da !

Second NF trade still running for the day! 1st one -3 pts!
2nd one exited half 6pts... holding remaining half! Will add to this or SAR what ever happens 1st
You not in trade so far?

Regards