Nifty Futures Trading

[learn2trade08]

fyi...............

advice p[lz satyjit'da....

thanks

 

[lalpar]

in short position now hedged with a call

 

[renu daga]

Knew your's is better.

dada u are unecessarily making me embarssed i wa sasking..i am in dielmna,,how can i rely on my indicator when i ahve seen that,,

an dnow that indiactor shows crossing -1 on 30 min

renu

 

[praveen taneja]

An intraday trader said to his wife ---Darling , meri umar 40 ho gayee aur tum 25 paar hi nahi karti why??? wife- kya karu darling 26 par resistance hai but dont wory 24 par strong support hai.....ha ha ha

 

[roameri]

critical support area of 29/8 & 1/9
SPOT: 4273 & 4281
FUT: 4283 & 4275

Since Sept NIFTY has a L today the 11th. at 4386.60 its support of 4283 has held.
So is it advisable to go long tomorrow morning.
j.

 

[lalpar]

Since Sept NIFTY has a L today the 11th. at 4386.60 its support of 4283 has held.
So is it advisable to go long tomorrow morning.
j.

if it opens gap down then will go long..But if it opnes sideways then I would wait for direction to be set...

would long between 4240 to 4260 nifty...

No SHORTING as of now although hold a short pos at 4310 but it is hedged with a 4500 call

 

[TFL]

dada u are unecessarily making me embarssed i wa sasking..i am in dielmna,,how can i rely on my indicator when i ahve seen that,,

an dnow that indiactor shows crossing -1 on 30 min

renu

Things are getting positive...
Dow is recovering sharply from its low of 11098.
Inflation lowered to 12.1

I personally started a long after the round bottom and went above 4300.

Hope we will not get a RED market tomorrow. Renu getting more bats men.

 

[Sunil]

critical support area of 29/8 & 1/9
SPOT: 4273 & 4281
FUT: 4283 & 4275

below 4280, 4240 & majorly 4220

4200 is neck of H&S pattern
everyone knows what will breach of 4200 do...
i don't think it will breach so easily

oversold status
approaching 50DMA SPOT 4285

bought 4300 call at 4300 spot with stop below FUT 4280

giving one last chance to short term bulls, though short term UT with HH HL pattern has been negated...

now this DT with LL LH pattern from spot 4540 has stop at yest HOD arnd spot 4465, with outer limit at 4500

Key FUT levels for today's trading:

4321 is the Pivotal level for today.

SUPPORTS:
4284 / 4276 / 4260 / 4240
S1 = 4270
S2 = 4236

Spot's LOD of yesterday was 4273 - exactly at the critical support
Fut just managed to scarp through with 4287 yesterday.

Till 4200 breaks, I'll be a buyer at dips, as even conditions are getting over-sold. One way down from 4500+ levels without any significant local negative news (infact, the NSG euphoria has been totally used to short near 100DMA) warrants a pullback to atleast 4400 level (if not today). Lets' see.

RESISTANCES: 4327-33 / 4358 / 4379 / 4398
R1 = 4355
R2 = 4406
SPOT 4382 / FUT 4398 will close the gap down of yesterday on EOD charts

So, we have the range of 4270 & 4330 as B/O levels on either side, with 4250 & 4350 being the outer key limits for confirmation.
Let's see if early trade can break this range or a wait till IIP nos. will be required

 

[uasish]

My views based on EoD in Today's Intraday which Biasness has greater probabilty to Win.

If Yesterday's Low Breaks then this (+)ve Bias will Reverse.

 

[coolboy007]

Does anyone has the approximate idea around which time IIP nos are declared. I only want to takie position after that. Who knows mkts may react heavily to that and i cant stand watching CNBC , so please tell me the approx time.