Nifty Futures Trading

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

NF in premium ???????????

NF makes new high, NIFTY Spot & Sensex do not.
Watch this scenario carefully.

 

[kkseal]

Re: Time to Stick my Neck Out ,Nifty 7300

Strait Times have the least reason to go down Making some 1 trillion $/mth in oil

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Now we are negotiating the previous Monthly Resistance/Support Line .

 

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

Is this the right time to go short or long ?

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Hello

Sorry guys for genrating noise here.

Mr Rao, plz add me to your ignore list, and lets just all get on with it.

If 4700 taken out nxt tgt should be 735/40, my stops remain at 665.

Edit: booking 50% here

Thanks
Sanjay

Sanjay,

Interesting to see 'Renko' method.

Asish

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Watch out for ~4735 on Spot especially if Sensex is around 15730 level at that time.

 

[SGM]

Re: Time to Stick my Neck Out ,Nifty 7300

Sanjay,

Interesting to see 'Renko' method.

Asish

Hello Asish

I just use it for SR levels, and some times to trail stop

Regards
Sanjay

 

[debdeeps]

Re: Time to Stick my Neck Out ,Nifty 7300

Watch out for ~4635 on Spot especially if Sensex is around 15730 level at that time.

Ashish, I think you wanted to mean 4735

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Nifty Fut 1 min 'Renko' method.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Watch out for ~4735 on Spot especially if Sensex is around 15730 level at that time.

Booking partial profit at those levels may not be an imprudent strategy if the low of 5 minute bar hitting these levels is cut.

The reasons:-

1. 30 Minute Upper BB on both Sensex & NIFTY.
2. My Guruji's Special EMA on 5 Minute Chart.
3. Lower limit of an envelope on 60 minute chart which is the boundary for an upward mean reversal on 60 min is also at 15743. (Only On Sensex; NIFTY already inside it but Sensex has a better record of working with technicals.)

Regards,
--Ashish