Nifty Futures Trading

[Sunil]

exited rest at 4425 fut
corresponding to spot 4415 as posted earlier about 'mines"

 

[rishig38]

Longs above 4377.20 should hold with 4357.95 stop (as i am doing).

dangit, i covered my longs at 4400 could have made another 50K

 

[uasish]

In Rally mode hence very easy just to trail (50 % )with earlier bar's Low as Stop.

 

[nagendra_gb]

dont understand.. EU is falling a bit and we are in good 15+ points premium...

 

[uasish]

Placed Exit 50 % @ 4421.50

 

[uasish]

Stop brought up to 4394.95

 

[learn2trade08]

dear new2sm,
your supports are damn good....you need to teach us atleast me how you calculate it...
sincere request...

dear new2sm...
your supports have very much worked for me....so trailing at 4416....Please keep posting your supports,rally helpfull...
all the best!

 

[uasish]

dont understand.. EU is falling a bit and we are in good 15+ points premium...

Too many info is not going to help much,better to follow the one at hand.

This Up is positively a b/o ,now to observe whether the correction crosses the healthy limit,if not then wait for another up move.

 

[new2sm]

they are just Pivot Points. very useful and extremely timetested. used from floor trading days in US. u can search google for complete formulaes etc

 

[new2sm]

4410 is the lower pivot. if that is broken then bearish else party is still on. I believe RSI adjustment is going on so all eyes on 4514.