Nifty Futures Trading

[uasish]

Spot is 4221.00 now.

 

[uasish]

Sunil,

If you dont understand the statement of Czar,he is the permanent Bear of our Forum since Long,hence he is BACK.

Asish

 

[Czar]

pulling leg as soon as mkt over, take some rest atleast Dada

Lol i was seriously out, just back 10 mins back

 

[Sunil]

ok yaar...
i did what i had already planned...

what we have in this 4220-4200 band...
1. 50% FIB ret support
2. Jan 08 TL support (a bit controversy here)
3. 50DMA
4, Round figure support....

all these i had mentioned in morning + qty is not that big for MM...
aur bears ki delhi kitni door hain.. sub 4160... ard 50 pts from my entry...

and i really want my chokidaar back 4315 as 1st target

 

[learn2trade08]

My earlier shorts were initiated at4270 with a stop of 4278....turned out nifty went to 4279 and closed at 4214...basically if i had a 2 point extra for stop loss i would be sitting on a profit of atleast 30 points.....
all i can say is i am really happy for you guys and lets hope these things go on everysingle day and all are as profitable as today...
really nice to see the bonding/motiation you people provide.
all the best!

 

[Sunil]

and i must admit, i did not fully participate in this last 30 min fall...
entered short ard 4235 sept cvrd at 4215 (on seeing prem)...

Asish da hit the nail right on bulls' coffin....

 

[Sunil]

So, the short term downtrend, from 12/8 and with LL LH pattern, is still on, but now with trailing stop of SPOT 4400 (ie HOD of 25/8), as today the prev LL of 4250 broke, and 4400 is the prev LH.

 

[pakatil]

Was Short @ 4310 in Minifty from yesterday. covered @ 4261 ( as earlier it had bounced from 4250 twice!!). Waited for 4250 to break, shorted @4246. Actually had placed stop profit @ 4210. Missed by a whisker ( touched 4211 ) and hence carrying for tomorrow.

Thanks to Sunil, Satyajit da, Czar for providing super support levels.

Thanks to Asish da's idea, which made me to take the Trade in last hour of Settlement day. Have always been shy of settlement day.

Cheers
PAKatil

 

[Sunil]

there's an unfilled gap of 30july gap up open at ard FUT 4199 on intraday charts...

so, LOD of 29th July will decide the fate of 29th August

 

[Flock]

ok yaar...
i did what i had already planned...

what we have in this 4220-4200 band...
1. 50% FIB ret support
2. Jan 08 TL support (a bit controversy here)
3. 50DMA
4, Round figure support....

all these i had mentioned in morning + qty is not that big for MM...
aur bears ki delhi kitni door hain.. sub 4160... ard 50 pts from my entry...

and i really want my chokidaar back 4315 as 1st target

These days our markets seem to depend on events elsewhere. Keep an eye on that joker crude. It looks like it is raising its ugly head again.