Nifty Futures Trading

[coolboy007]

Sirji,
even if our politicians invest their 1% of black money, the entire FII selling can be absorbed.

They are taking it out as election time is coming. After elections , new govt would put their black money , so we cn hope for a recovery mid 2009.

But dude its dangerous encouraging politicians , who know they might sell Demat shares of all the investors and flee to switzerland. .

Then satda's dream of buying shreas at 50-60 paise will come true but only satda will be the buyer then.

 

[praveen taneja]

Yeah we should hope for the best and for investors. Atleast a good rally should come for next 2 days so atleast diwali is a little better.

I dont even hav anything to sell in delivery shares in profit on muhurat trading

I would try getting some profit that day even if its 100 rs , its a shagun
I am expecting nifty to be arnd 2900 by expiry , a tech bounceback is now long due. Maybe Sebi will tell FII next week to reverse short positions taken even before 20th

I dont know why my intution tell me that a intermediate bottom haas been formed arnd 2500.

dont depend much on expire expiry Shorters do not hav any need to cover short they will let it go n expire at its own n they will get the profit in there a/c as per i know.so playing with a hope of bounce back is too dangerous.and on diwali i am remembering a song which is fit in this situation
Ek wo bhi diwali thi Ek ye bhi diwali hai
Ujda hua gulshan hai rota hua maali hai

 

[coolboy007]

dont depend much on expire expiry Shorters do not hav any need to cover short they will let it go n expire at its own n they will get the profit in there a/c as per i know.so playing with a hope of bounce back is too dangerous.and on diwali i am remembering a song which is fit in this situation
Ek wo bhi diwali thi Ek ye bhi diwali hai
Ujda hua gulshan hai rota hua maali hai

I know people dont have to cover shorts , they wont let it expire also. They will rollover shorts to Nov , i think we may get a rally in next 2 days , and yes i hav not taken any position on mkts. Mkts look extremely oversold and we hv reacted a whole lot to US problem than any other country.
In most probability will go long 2moro with 2 ce and 1 pe , mkts are falling so much that even if i go wrong ce loss will be covered by rising pe
I will go for a strangle with 2 lots for ce and 1 lot for pe , lets see what is sebi planning to do other than sleeping

 

[Sunil]

(new2sm, kapil; our ongoing camarilla pivot points' experiment)

S1 = 2529
S2 = 2498
S3 = 2468
S4 = 2375

R1 = 2591
R2 = 2622
R3 = 2652 ALSO, THE PIVOT POINT AS PER CLASSICAL FLOOR TRADING PIVOTS' CALCULATION IS AT 2657
R4 = 2745

As per textbook,
we buy at S3 2468 for trend-reversal for S2, S1...
we buy when nifty breaks S3 from below, for S2, S1...
we buy above R4 2745

we sell at R3 2652 for R2, R1
we sell when R3 breaks from above
we sell below S4 2375

 

[nagendra_gb]

Hi sunil,
When calculating are you taking closing price or settlement price for nifty futures..

 

[Sunil]

Hi sunil,
When calculating are you taking closing price or settlement price for nifty futures..

settlement price..

 

[uasish]

http://www.traderji.com/derivatives/18953-nifty-futures-trading-1617.html#post241421

 

[uasish]

2599 can be guide.

 

[uasish]

Just few more days left for active participation in this thread at Mkt. Hrs.from my side

 

[Saint]

Just few more days left for active participation in this thread at Mkt. Hrs.from my side

Saint