Nifty Futures Trading

[SavantGarde]

There Is A Difference Between 'Not Being Able To Spell' & Typos As Popularised By Chat Rooms.

Renu, I Am Sure Can Spell The Words Right, But Fingers Sometimes Tends To Hit The Keys In A Different Order.

It Is Good See Pages Being Swallowed During The Day In Such Vigorous & Fruitful Discussion Of TL

All Of You Shoulder An Excellent Head.

It is As Good A Time As Any To Look Ahead Till Expiry & Thereafter Into The Next Month....That Should Ensure Excellent Profit

For The Safe Betters With Little Risk Appetite It Would Be A Good Thing To Look At 4400 & 4500 CALLS For Tomorrow & Dayafter...Quite Possibly 150+ Points Till Expiry.

Happy & Safe Trading

SavantGarde

 

[renu daga]

Have Fun while Trading ..Thats the secret of WINNERS !!!...Never worry abt small issues!!

rgt
have fun / and profit,,
end all teh mess here ..and smlal issues

renu
wishing evefryone al teh best

 

[Smart_trade]

If by chance you are refering my post,then dropped the idea of posting here,becoz there is already a thread by Saint on this aspect.

Intraday swing trade thread by Saint ? Which is that Asishda ? Would like to visit it. Please fergive my ignorance . Not 60 min Flow ....... no ?

Best Wishes,

Smart_trade

 

[uasish]

There Is A Difference Between 'Not Being Able To Spell' & Typos As Popularised By Chat Rooms.

Renu, I Am Sure Can Spell The Words Right, But Fingers Sometimes Tends To Hit The Keys In A Different Order.

It Is Good See Pages Being Swallowed During The Day In Such Vigorous & Fruitful Discussion Of TL

All Of You Shoulder An Excellent Head.

It is As Good A Time As Any To Look Ahead Till Expiry & Thereafter Into The Next Month....That Should Ensure Excellent Profit

For The Safe Betters With Little Risk Appetite It Would Be A Good Thing To Look At 4400 & 4500 CALLS For Tomorrow & Dayafter...Quite Possibly 150+ Points Till Expiry.

Happy & Safe Trading

SavantGarde

Thks,missing your Post in this Thread on Mkt Hrs.

 

[uasish]

Intraday swing trade thread by Saint ? Which is that Asishda ? Would like to visit it. Please fergive my ignorance . Not 60 min Flow ....... no ?

Best Wishes,

Smart_trade

Yes Saint's 60 mins one;Saint even has another one one ; it can be Intraday to Intra-Day ,as & when the signal comes.

 

[uasish]

Few members PM - ing me,telling Asishda the Thread has become Star Parivar.

A request let us plz confine ourselves more to TA & views on Nifty Fut ,a Trader is a Trader ;Male/Female,when on Trade in Mkt his/her money is against the Best of the Best,
only after some Ragging by the Mkt few stands up to be counted as Men/Women.
We at Traderji Respect & Adore those ,irrespective of Age or Gender.
In the world of Chat-Phenemenon (the choice of ID's reflect),let us chat less & discuss more.

 

[Smart_trade]

Few members PM - ing me,telling Asishda the Thread has become Star Parivar.

A request let us plz confine ourselves more to TA & views on Nifty Fut ,a Trader is a Trader ;Male/Female,when on Trade in Mkt his/her money is against the Best of the Best,
only after some Ragging by the Mkt few stands up to be counted as Men/Women.
We at Traderji Respect & Adore those ,irrespective of Age or Gender.
In the world of Chat-Phenemenon (the choice of ID's reflect),let us chat less & discuss more.

Yes,let us keep this forum free from gender bias.Concentrate more on techniques and trades.Mkts can be very naughty (read as nasty) to all of us so let us share the techniques to arm ourselves to solve this big puzzle called mkt. With best wishes to all,

Trade well,

Smart_trade

 

[SavantGarde]

Hi AsishDa,

Reason Being I Am Long In NF From 4068 Therefore, The Only Trades Done Are Scaling Up & Down During The Day & My Posting Wouldn't Be Of Much Help To Others.

Happy Safe Trading

SavantGarde

Missing My Posts Because I Am Long From

Thks,missing your Post in this Thread on Mkt Hrs.

 

[Smart_trade]

Yes Saint's 60 mins one;Saint even has another one one ; it can be Intraday to Intra-Day ,as & when the signal comes.

We would wecome a thread on intraday Nifty trading/scalping techniques from you Asishda,I hve marked your trades and it is difficult to believe that they all come out of hunch ( shall we call it screen reading ?) ,there must be some technique if you can share with us we would appreciate that.Also I have herd somewhere in Kolkata meet videos "inflection point "how do you judge that ?

If you give us some hints,such as pattern recognition,multiple time frames etc we will do our work in that direction.We want direction and dont expect spoon feeding.

Hope you will obliedge!!!!!

Best wishes,

Smart_trade

 

[Sunil]

A NOTE ON 50% FIB. RETRACEMENT LEVEL

Last week, these fibonacci retracement levels interested me as a tool for positional trades. I did some research and found one important retracement level (as support as well as resistance) - 50%

Few instances:

(In my earlier "congress support" chart, I have regarded May 2004 as the level from where IT all started.)

1. After rallying from 1292 (may 04) to 3774 (may 06), there was a scary but healthy correction till 2595 support (june 06), which is 50% ret. of 1292 to 3774.

2. From 1292 (may 04) to 6357 (Jan 08), scary correction met support at 3790, around 50% ret. level

3. Rally from 3790 met with resistance at 4539, a 50% ret. level from 5299 to 3790

4. Very recently - correction from 4539 found support at around 4160, again a 50% ret. level of 3790 to 4539...

Now, let's apply to current scenario:
If today's 4650 is indeed a peak before correction starts, then the 50% ret. support from 4160 to 4650 comes to around 4400 - a chartically proven support too, for near term

If 4400 fails, then 50% ret. of 3790 to 4650 comes to nearly 4200 - ask any chartist about the importance of this 4200 support for this intermediate uptrend.

IN SAME VEIN, THIS INTERMEDIATE RALLY WILL BREATHE ITS LAST NEAR 5000 LEVEL, WHICH IS A 50% RET. RESISTANCE LEVEL FROM 6357 TO 3790
[a chartical verification for this 5000 full stop in next post]
(hey, this does not mean, 5000 is by this expiry - this medium target is achievable as long as 4150 support of this HL, HH uptrend is held...)


I would be happy if my experienced seniors/co-members share some view on this