Nifty Futures Trading

[uasish]

Good closing would have been very Happy if closed above 2542.00

 

[nagendra_gb]

But still from lows of the day very good recovery ..

 

[Sunil]

Every year irrespective of Mkt condition Buy,RIL / SBI / INFY / TISCO,doing this for last few years at Muharrat & these are never sold.

S = SBI
I = Infosys
R = Reliance

T = Tata Steel

Borrowing the term from Columbus' thread, u seem to give respect to SIR Market every year to STIR some support

 

[uasish]

In a single day 2572 to 2228 = above 350 points minus

&

From 2228 to 2526 = 300 points plus

sure

Many have not seen this rare thing.

Happy Diwali to ALL.

 

[Sunil]

Sunil,
Another Camarilla observation for today. We were to short from 2361 or if long from 2460, cover & short from 2361, but people who had followed that AND were of faint hearted wud have surely made loss when that Huge upmove came which moved till 2459.5 so almost 100 points notional loss(if loss not booked).
On normal days, mkts had all chances of moving further up and so 100 pts loss booking was eventual. So I think can we form a rule that when using camarilla, u should follow short below S4 only on second round? is this rule valid even on intaday of friday? I dont have intraday data for friday so can't confirm, someone please confirm. Good Trading system if this is more realistic rule to avoid whipsaws.

as this is still on experiment stage, we'll take these figures into a/c in round 2
even i feel this way

 

[Sunil]

In a single day 2572 to 2228 = above 350 points minus

&

From 2228 to 2526 = 300 points plus

sure

Many have not seen this rare thing.

and that too, on a non-circuit day

 

[Czar]

Happy Diwali to all & a prosperous new year, for day traders may you all see the 25% moves like today in nifty everyday

 

[Saint]

Asish,Czar,Sunil,Rajaram,Deb,Satyajit and every participant in this thread..........Wishing you all a very Happy Diwali.May the coming year bring you all great wealth and success with happiness and health.

Saint

 

[mahesh2007]

Tisco in 153.00 can we calculate the Dividend yield,it is going to be better than Bank FD s in coming weeks.

Tata steel today @168.30, with dividend 160% is giving 9.50% dividend yield.
but few banks are giving a tad more than 10%.

pros: dividend income is tax free at the hands of the investor while on FD one has to pay the IT.

cons:with recessionary pressures in world economy demand for steel might reduce and finally resulting in Tata steel distributing lesser dividend in future.

 

[pakatil]

Dear Friends,

Wishing All of you, a Very Happy & Prosperous DEEPAVALI.

Let it bring lots of Good Health and Wealth to All of You.

Cheers
PAKatil