Nifty Futures Trading

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Carlyle Capital going downnnnn.
Watch those stop orders.

Any further developement today? What's the source,BTW?

Regards,
--Ashish

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

When does the market halt?

It halted at 11:45. Will re-open at 12:30. We will have to bear with this two intraday sessions till 18th March.

Regards,
--Ashish

 

[adilsaleem]

Re: Time to Stick my Neck Out ,Nifty 7300

If i get a chance , will go long at previous pivot low of about 4642 on spot , with a 15 point SL ... but will watch before entry ... it will give us enough time at 4640-50 levels.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Following the leader ashish long NF with s/l 4684

Hi Mr. Jain!

Please avoid it as I am a discretionary trader for my intraday trading most of the time, not very systematic like Saint/Uashish. I keep my focus on developing patterns and hence may change my trades at different market scenarios and most of the time I won't be able to warn in advance.

Ofcourse, Gap Trading is very systematic for me and I follow it rigidly even when the entire market picture is against it.

Regards,
--Ashish

 

[Venkat123]

Re: Time to Stick my Neck Out ,Nifty 7300

Thanks Ashish
Here is the source

http://www.bloomberg.com/apps/news?pid=20601087&sid=a27ldweXtg0Y&refer=home

The rumor is that Bear Sterns may have a large counter party risk tied up with Carlyle.


What's the criteria for halting?

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

If i get a chance , will go long at previous pivot low of about 4642 on spot , with a 15 point SL ... but will watch before entry ... it will give us enough time at 4640-50 levels.

If you are talking about Daily Pivot, I guess it's around 4620. Watch out for ~4630. It'll be third touch of a falling channel on 5 Minute periodicity.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Thanks Ashish
Here is the source

http://www.bloomberg.com/apps/news?pid=20601087&sid=a27ldweXtg0Y&refer=home

The rumor is that Bear Sterns may have a large counter party risk tied up with Carlyle.


What's the criteria for halting?

Hi Venkat!

Thanks for the source.

I am sorry to create confusion in your mind. The trading has not halted due to some criteria like circuit filter etc. Due to Sun outage which may affect satelite based communication systems, the exchanges are closed for a period of 45 minutes and to compensate it the trading hours have been extended to 4:15 PM.

BTW, Bears Stern will always have counterparty risks when any of the big funds go down the hammer. They had it at the time of LTCM as well as Amaranth. It's the risk of being the biggest in the business.

 

[Venkat123]

Re: Time to Stick my Neck Out ,Nifty 7300

Thanks Ashish.

 

[adilsaleem]

Re: Time to Stick my Neck Out ,Nifty 7300

If you are talking about Daily Pivot, I guess it's around 4620. Watch out for ~4630. It'll be third touch of a falling channel on 5 Minute periodicity.

Sir i was talking about Spot nifty

 

[Satyen]

Re: Time to Stick my Neck Out ,Nifty 7300

SL Triggered. Reversed the trade.

Hi asish can you please tel the SL level when you were long after 5 min bars high taken out and again when you reversed the trade then also what was SL levels

M not trading intraday but wil analyse about your gap trading method

Regards
Satya