Nifty Futures Trading

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Re: Time to Stick my Neck Out ,Nifty 7300

hmmm......SENSEX nearly a 1000 pts down.

Saint
 

new2sm

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Re: Time to Stick my Neck Out ,Nifty 7300

guys I feel there might be a relief rally either tommo. morning or latter half. what do u say? good idea to buy some longs now that everyone is selling just to make profits tommorow?
 
Re: Time to Stick my Neck Out ,Nifty 7300

guys I feel there might be a relief rally either tommo. morning or latter half. what do u say? good idea to buy some longs now that everyone is selling just to make profits tommorow?
Maybe,maybe not.......but don't do anything till tomorrow.

Saint
 
Re: Time to Stick my Neck Out ,Nifty 7300

guys I feel there might be a relief rally either tommo. morning or latter half. what do u say? good idea to buy some longs now that everyone is selling just to make profits tommorow?
If DOW makes good losses to night ,Margin presssures will take market much lower .Not a wise thing to go long just hoping gapup or relief rally .

Naresh
 

new2sm

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

I made good profits today thanks to the huge Puts bought 2 days ago. I cud have made even more had I stuck with them till EOD but experience has made me wiser and am content that my principal came out with good amount of profits. have bought some Calls todays currently showing some loss but I think I will be able to recover before EOM.
 

biyasc

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Re: Time to Stick my Neck Out ,Nifty 7300

If we are trading for long term, certainly we need to check only EOD charts. For people who are not short-term swing or intraday traders, there is no need to check intraday charts. However, if our focus is to trade in short-term or if our account size is small to sustain the stop-losses on EOD charts, we need to initiate and exit positions during the course of market hour. That is why there is the need of intraday charts. EOD charts do not provide the same conditions for intraday trading. They may provide some good clue but precise points of entry and exit can be known using only intraday charts.

For example, both 15000 & 15143 were good threshold on daily chart for sensex but purchasing or selling there blindly may cause big losses hence we needed some kind of signal on lower periodicity chart to enter the trade.

Regards,
--Ashish
thanks asish for the reply, now i dont have any doubt. one more question, what is the cost of buying a real time charting software?
 
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