Nifty Futures Trading

[uasish]

Incidentaly we have seen an exact 100 point Rally in 90 mins.

 

[uasish]

Now we will find few things to unfold.

1)All the 'I told you ' type TA will surface,becoz buy at falana falana has all being profitable.

2) TV guys will chant now 4600 to 4300 ;(slowly increase the range)

3)We will become biased (+)ve ly

The Smart Money always Sell in Rally & Buy in Dips ,hence Stop Mgmt. now is utmost imp.

 

[new2sm]

am just thinking how fii who bought @4422 wud be making @4514. I saw them buying 10k,15k,20k+ single buyers.....imagine.

 

[uasish]

So even 4500 is touched.

 

[Czar]

one thing to remember , when you see a market break out from a trading range, always adapt fast to it, cause usually we get used to playing in the trading range & on breakout still do the same & miss out the biggest chance... such breakout need trailing stops not range profits... like Asishda's doing, cause once you book re-entry will take long time

 

[uasish]

Stop brought upto 4458.00

 

[new2sm]

I somehow have a feeling for seeing 4535 today. lets see..

 

[new2sm]

4514!!! yeh. target achieved!!!

 

[Sunil]

4514!!! yeh. target achieved!!!

remembering our good old "bakri idd" days...
now enjoying the reverse

 

[new2sm]

yeh Sunil. pray now R-2-R game starts ;-) Most here will laugh and I admit it could be one off but got dream to day to see 4535 and here it is. Dream come true. (just like some people here following astrology).Those interested 4606 is R4.