Nifty Futures Trading

[jnj333]

Hi Jnj,

Nice to see ur post after a,long time

Well it is my shopping season so was busy buying value picks, only problem is there are too many available and I have only that much cash.

 

[lalpar]

Well it is my shopping season so was busy buying value picks, only problem is there are too many available and I have only that much cash.

I am of same opinion

 

[Sunil]

TODAY U'LL SEE BOTH BULLS & BEARS BECOMING FRIENDS

for all those who wanted to learn how to put in smilies....

http://www.traderji.com/derivatives...trading-part-2-positional-138.html#post220521

but also please take note of this:
http://www.traderji.com/derivatives...trading-part-2-positional-139.html#post220529

 

[uasish]

So atleast this is assuerd (becoz i have never seen in past 200 points plus to become 200 points minus in Nifty) that 3812.00 as per Saint's method an obvious Pivotal Low.

Hence buying in dips (for those who need potfolio averaging in very small dosage) is prudent.

 

[rajaram.dilipkumar]

nifty on the verge of breaking bullish wedge in hourly

 

[Sunil]

as per 60 min chart, FUT 4030 is the key resistance to look out for...
also, it is today's PIVOT level....

above 4030, hops-skip-jump to 4043-4059-4070-82/85

 

[Sunil]

also alex, that SCO value had dipped to 0.6 in early trade...
never seen sub 1 level...

height (or should i say depth) of over-sold level

 

[uasish]

Who says we need FII for Mkt to go up,few crore Demat A/C s is waiting in side line.
Once again proved that trading with Chart in hand is prudent than looking at other indices.
Indian story has some depth,but few bubble area is also here ,hence stock picking needs more discreation now than selecting momentum ones.

 

[uasish]

What is SCO ?

 

[uasish]

If could have kept the 1st trade with a little bit more room for Stop.