Nifty Futures Trading

[biyasc]

no sir, i just wanted to show u an illustration... i took no offence, as we had talked it out today morning....

please accept me as a younger sis, and let's walk together on this trading road...

thanks. . keep it up.

 

[renu daga]

wiat,, i think u can fetch it at 73...

its moving on small trend line

renu

 

[renu daga]

its 77 now,,

renu

 

[renu daga]

rishi i hope u are safe now 71..nifty

renu

 

[rishig38]

excuse the term, but that's being a bit greedy...
your 4624 short gained nearly 90 points.. atleast that could have been covered...
and if you were expecting a TL break (which has been there for a month now - so cannot break so easily, unless a gap down or something), then atleast a PUT option could have been bought....

i really cannot say for sure for tomorrow, but only today's high can be a reasonable stop for a positional trade

I just feel tomorrow could be the day which might signal end of this bull rally...that is another reason im holding onto my small positions...

I forgot to cover my short position of 2 lots of Nifty which is at 4320...

 

[learn2trade08]

4480 people...renuji,plz confirm...fibs on last downmove...
thanks

rishi i hope u are safe now 71..nifty

renu

 

[tinchu76]

no rishi... one bad day cannot break this medium term uptrend (unless it breaks 4150 spot tomorrow)..

the TRENDLINE may break, but the high top-high bottom formation breaks only if 4150 breaks

u mean to say once v break 4150 in Nifty spot v shall b formaing lower tops lower bottms????

 

[lalpar]

no rishi... one bad day cannot break this medium term uptrend (unless it breaks 4150 spot tomorrow)..

the TRENDLINE may break, but the high top-high bottom formation breaks only if 4150 breaks

Friend,

The players in the market are people who undertand market..There is no speculative position as was the case in January...3500 is more than 1000 Nifty points away and u cannot expect a LC tomo unless there is a war or bomb blast..So realistically we are in a uptrend..I will be with trend !!

 

[renu daga]

4480 people...renuji,plz confirm...fibs on last downmove...
thanks

see trhe tussle at 70 levls,, whihc i have mentioned sell eb sell signal... in nifty
4480..is per 60 min chart...teh supporting band value,,,were ulimate this full arly correctin can be measured,
pls dont confuse with all levls,,,


eod / and intra ha sto remin seperate...but take the base form eod,

were we are losing strength,, becuase we hav egain tested trend lien support...and inintra we are rolling over those band area,,,

agin we rae clsoing belwo 70/ and 463..so,,, i am in position of no long entry taking home,
except tisco,,, which i am holding
wil only trade pos if we are in safe baove 70..

i hope clear still doubts,,tehn free to ask,,, will try my best
just look teh chrt in my thread,,,its very simple,,and clear i am tading on that basi only

renu

 

[rishig38]

As mentioned in some of my earlier posts, if Nifty spot closes around 4550, and if tomorrow we have a bearish day, that could signal a downtrend (how long that down trend lasts is another story..it could last till 4140 or take us around ~3700 who knows)..But it will definitely be a bearish reversal. After looking at candlestick patterns, we have had two dojis followed by a white candle stick and a black candlestick, that suggests Dark Cloud Cover. If tomorrow we have another bad day, that would confirm bearish reversal. Attached is my chart of Nifty till yesterday..