Nifty Futures Trading

[uasish]

covered 4541 as the trendline seems to be holding the retest, lets see

Good trade as usual.

 

[Sunil]

Excellent Trade ,fantasy of a Day Trader to Sell at High.

yes da, and on such "A' and "V" days, you get to play within a range on both the sides
hope such days come atleast twice a week

 

[rajaram.dilipkumar]

hi guys,
in the last one week there is a lot of debate about gaps hence thought of posting my views on this(hope it also helps people who sent pms )...... pls find enc chart hope it helps . Also note when gaps act as support is known only when the retest happens and prices pull back , the s/l in this case is always on the gap support hence pls dont wait for prices to fill the gap......

 

[uasish]

Sunil,

You had 2 nice trades.

Asish

 

[pkapadia]

Buyers are marginally less than sellers!!!sHORTERS EXIT 50% OF UR POSITIONS IF U ARE IN PROFIT.ELSE EVERYTHING WILL BE CLEANED!!!

Thanks for the warning, lalpar. I heeded it and got out. But to keep myself honest, I am carrying some put options on Nifty

Paresh

 

[Sunil]

Sunil,

You had 2 nice trades.

Asish

thanks da,
actually 3
the upmove till noon was in two trades
and the downmove was when i was not expecting, but while discussing with a member, i decided to jump in, when i realised the prevalent over-2-day LL LH formation
the stop for LL Lh is still 4580 spot

 

[lalpar]

Thanks for the warning, lalpar. I heeded it and got out. But to keep myself honest, I am carrying some put options on Nifty

Paresh

i AM HOLDING TO LONG NIFTY TRADE AND call IN ONE OF THE MOMENTUM STOCK JP Asso ..Shorters are tyying their best for market to fall but ............time will tell

 

[renu daga]

i am with u lalpar holding nifty of 36

for tom

renu
as i ahd posted nifty will show / confirm reversal today by closing in red/ green,,

seeing postion i think nifty may close in maginal gren,,,

letsee

 

[kapil123]

i AM HOLDING TO LONG NIFTY TRADE AND call IN ONE OF THE MOMENTUM STOCK JP Asso ..Shorters are tyying their best for market to fall but ............time will tell

The key is not to be biased. I think most of the traders played on both long and short side of the trade..

Cheers,
Kapil

 

[lalpar]

The key is not to be biased. I think most of the traders played on both long and short side of the trade..

Cheers,
Kapil

Hi Kapil,

ur right..But that is for Intraday..I have decided to hold trades for long term...currently market is in an uptrend ..there will be corrections as weak hands have to get out..and without testing ur patience market will not giv u profits..I am holding long trade from yesterday..so its not the question of being biased its the question of being patient and having a right SL ..