Nifty Futures Trading

[lalpar]

the fall was to set in panic!!!It made me think twice but then I just waited for few more minutes ,Bulls are bak again!!!

 

[Sunil]

Hip hip hurray
hip hip hurray
hip hip hurray


nifty closes in green

 

[Sunil]

One thing can be said even before studying the chart throughly,that this Fall can be an impulse wave,if the high 4454.50 is not taken out to-morrow in opening hrs then we may see some more downside of this wave started from 4454.50 .

right da, monday's high (FUT 4459) needs to be crossed to negate this short term LL LH downtrend

 

[ranj_2k]

Today, I have gone long minifty August Future at 4445 and also bought Minifty 4300 PE @ 50. I will try to square up the August future on a gain of 30/40 points and will keep on taking long position on every dip. I will keep the Put position till end of expiry to keep check on any overnight downfall. Will this strategy work? Kindly advise.

 

[lalpar]

Today, I have gone long minifty August Future at 4445 and also bought Minifty 4300 PE @ 50. I will try to square up the August future on a gain of 30/40 points and will keep on taking long position on every dip. I will keep the Put position till end of expiry to keep check on any overnight downfall. Will this strategy work? Kindly advise.

good startegy!!!Keep Walking

 

[Sunil]

well i m not an expert in this,
but in intraday charts of mon, tues, wed (today).. is this what is called C&H (cup & handle)... what r implications

hope, some senior replies to this....

 

[Sunil]

now what we have in hand for tomorrow;

the HH HL uptrend since yesterday's last hour is on with stop with today's LOD FUT 4395

the short term LL LH downtrend since last week (acc to me, but need guidance) is also still on with stop at monday's high FUT 4459

Asish da, also waiting for your reply/guidance on this...
please...

 

[NJ:)]

Yeah i know all the Rules but the psyche & personality can not be changed now.(Being highly diabetic ;63 units insulin everyday twice has made me impatient in Intraday day trading when with multiple Lots in Futures).

But you are 100 % right.

take caree sir.......

may god bless u with all that u want in lyf........


regards

nj : )

 

[uasish]

Sunil,

In 60 mins chart the High of 12 noon's bar of Monday that is 4458.00 is what you are saying is to be taken out for a HH HL to be established,you are right theoretically,but i have a Resistance @ 4476.30,hence if you ask me then i would be more comfortable if 4476.30 is taken out .

Asish

 

[Sunil]

Sunil,

In 60 mins chart the High of 12 noon's bar of Monday that is 4458.00 is what you are saying is to be taken out for a HH HL to be established,you are right theoretically,but i have a Resistance @ 4476.30,hence if you ask me then i would be more comfortable if 4476.30 is taken out .

Asish

actually da, i was actually saying that I want monday's HOD 4459 to be taken out to negate this short term downtrend which is in form of LL LH since last week's tuesday.
I'll also look out for FUT 4476.30, though...

thanks again