Nifty Futures Trading

[mahesh2007]

price vol divergence on 1 min chart.
negative for upmove from 2640 onwards till div vanishes.

 

[small_investor]

Dear Mahesh,

I need your help. I had shorted 2 lots of Nov Nifty at 2510 and was unable to cover it in a relatively loss due to some reasons. Can you please advise if I should hang onto it or book loss? Please advise asap. I am not a trader but I always look to make 10k a month from Nifty. Please advise asap.

Regards,
Bhartesh

 

[milind]

Having a bit of trouble crossing a round number 2650, and break out of downtrendline...

 

[mahesh2007]

Bhartesh,
u better ask this question to a positional nifty trader.

I am a day trader and often do scalping.
in this forum saint,uashish,czar etc do the positional trading.

sorry,for not being helpful to you.

mahesh

 

[small_investor]

Dear Seniors,

Can any of you advise me on this? I would be really thankful to you folks.

 

[milind]

Likely H&S on 5m with neckline at 2624

 

[new2sm]

there is Hanging Man in 10 min chart @11:50. Outlook is bearish but looking at the mood, I am not betting anything today till 2594 is not reached. By then we may be oversold.

 

[debdeeps]

Dear Mahesh,

I need your help. I had shorted 2 lots of Nov Nifty at 2510 and was unable to cover it in a relatively loss due to some reasons. Can you please advise if I should hang onto it or book loss? Please advise asap. I am not a trader but I always look to make 10k a month from Nifty. Please advise asap.

Regards,
Bhartesh

You may find your answar here :
http://www.traderji.com/derivatives/23573-nifty-futures-trading-part-2-positional.html

 

[rishig38]

there is Hanging Man in 10 min chart @11:50. Outlook is bearish but looking at the mood, I am not betting anything today till 2594 is not reached. By then we may be oversold.

new, the target now??

 

[new2sm]

textbook target is around 2506.