Nifty Futures Trading

[rishig38]

i m from 4540.. corresponded with 4525 spot...
booked part at 4560

tina, do you use nifty futures or mini nifty futures?

 

[renu daga]

mini / nifty hardly has nay difference ..2 pts,,
no big thing in whihc u trade ,,a sper ur capital / risk / profit / loss / postion,,,and brokerage

renu

 

[lalpar]

just an example, renu

i wanted to enter long at 4535 fut with 100 futures (ie 2 lots)

now i knew 4560 is a big resistance, but there's a RISKY chance of 4562+

so, i chose 5 lots of mini (comes to 100)..
i booked 4 lots at 4560 and carrying a small position for 4562+
may add more if breaks convincingly...

atleast i am out with majority of position at good profit, with stop at cost for remaining lot(s)

Good startegy

 

[renu daga]

to be very frank,,,

we are in same platform,,,i nevr trade in nifty,,, only mini nifty,,,,this si my appetite,,,,

renu

 

[renu daga]

now one thing,, is clear,,, if nifty closes above 70 levls we can furtgher decide!! what to do,,,
renu

 

[renu daga]

sisters separated at NSE, i guess..

haaaaaa
renu

 

[renu daga]

788888888 nifty

renu

 

[lalpar]

this is what i was trying to explain u yesterday....

i hope mr. chatterjee is here too...

I have already started implementing dear sister..holding 3 lots mini long at 4587

 

[kapil123]

Both of you are doing excellent work..

Cheers,
Kapil

 

[kapil123]

I have already started implementing dear sister..holding 3 lots mini long at 4587

This is much higher than the trendline support or the break of last resistance. So, the risk would be higher.

Cheers,
Kapil