Nifty Futures Trading

[Sunil]

though fut has broken 60 & touched 70, spot is still facing lot of resistance at 4350, since open

 

[arnav_rulz]

though fut has broken 60 & touched 70, spot is still facing lot of resistance at 4350, since open

Yup 4333 & 4352 Are important Spot Levels today now....

*Although 4350 was broken, But still just for cushion sake i take a 2 point cushion these days and it has worked a lot for me ...


cheers

 

[Flock]

40, 50, 60 spot is likely to be a big problem.

 

[arnav_rulz]

Somehow, even if it goes below 4333, i dont take a trade on the shorter side today (am an emotional guy sometimes )

Will look to short agn around 4348-49 spot with 52 as stop as i have done that and booked profits twice today...


Maybe even go long above 4352 lets see, But Todays Strategy mainly short of resistance and long on supports....

 

[Flock]

Short at 52

 

[cooltechnocrat]

What is next support for nifty now ..??

 

[arnav_rulz]

long @ 4330 ... 50% stop @ 24.95 and 50% @ 16.95

 

[myvineet]

tomorrow is inflation & iip numbers day ....market may be nervous before that..

 

[Czar]

market is never nervous the traders are, market already knows everything...

 

[arnav_rulz]

lost 50% @ 24... still continue with rest 50% ..
booked rest 50% @ 26....


Lost 5 points average + 1 re as brokerage ...