Nifty Futures Trading

[joethim]

China also doesnt have any issues.

 

[KomaL2099]

China has no issues ... and moreover Russia hai na .. so just chill ..

and what about most important CHINA

 

[S S]

My warm regards to all gurus here (Specially Satya,Ahish,Czar & Renu and Of course Sunil),
I am a little confused whether I'm right or wrong. I am short @4525. Can anybody tell me the stoploss for the same. Should I apply SL or wait for cooling down the levels. This is my first post and of course first trade in future as well. In fact I have shorted as I'm a quite sure that NSG meeting results will not be in favour of India and crude will also not go down very much.
Your reply needed.

Yours
Abhi

Through curiosity that I opened this thread only to find few chats about Nifty Futures. You have a valid question and a simple solution.

If you are short on Nifty futures at 4525, in my opinion, you are nothing to worry about. The markets should be turning downwards any moment, and then you are out in the clean.

However, in the event the markets do continue the upward journey for some more time, safe thing to do is to buy calls, which you can square off once the market turns down, and may even increase your Nifty Future shorts. You then will have to be in constant touch with the makets, and should not loose any opportunity through oversight.

Take your own decision and avoid putting the blame on me ;-)

Cheers and ood Luck.
SS

 

[KomaL2099]

4434 broken

 

[renu daga]

nifty i thnk will defenitely take support at 40 levels,,

actaully yesterdays mve from 4420/4430 levls was,,, unimaginable,,,indiactosr were slowoung down at 4430 elvls but it moved form there non stop,,,
and if not 4440 then 4410,,,

renu

 

[new2sm]

short from 4450. covering @4396.53(S1)

 

[cooltechnocrat]

SPOT 4424 is acting as good support...

btw.. where are our forum leaders.. sunil, ashishda, czar ...

 

[NiftyFantasy]

Thanks for ur suggestions SS,
In fact i have never trade in option even this was my first trade in future. I have booked my profit @4435 (If I apply trailing SL of 4450 that will break definitely during the session) as i can not watch market thoughout the day (I can spend only for 15-45 menutes daily.. bcz I do it in my office hours .
I was prepared for your 2nd option of going another short. I had targeted for 4625 (the major resistance for nifty) but anyways now there is no need for that. Now I will see the market only at closing hours.
Good Luck SS for the rest of the day!

Regards
Abhi

Through curiosity that I opened this thread only to find few chats about Nifty Futures. You have a valid question and a simple solution.

If you are short on Nifty futures at 4525, in my opinion, you are nothing to worry about. The markets should be turning downwards any moment, and then you are out in the clean.

However, in the event the markets do continue the upward journey for some more time, safe thing to do is to buy calls, which you can square off once the market turns down, and may even increase your Nifty Future shorts. You then will have to be in constant touch with the makets, and should not loose any opportunity through oversight.

Take your own decision and avoid putting the blame on me ;-)

Cheers and ood Luck.
SS

 

[new2sm]

SL brought to 4440

 

[Sunil]

nah, not today's but tomorrow's US closing...
today, we reacted to the same BIG cue (OIL) to which Dow is +100 now...

we may also have NGS meet outcome by next trading day.

a healthy profit-booking till 4420 will still not negate today's efforts

luckily both spot & fut low is 4420, long from 4423... booked most at 4445