Nifty Futures Trading

[Sunil]

excellent trade.....

Good as per what Asish Da has taught me...
but average as per what I have learnt from Saint sir & Satyajit Da....

sometimes, it becomes quite tough for me to juggle intraday/scalping trades with positional trades...
That's why an initial tendency to always book out some/most at next immediate known support (or resistance levels, as case may be)...

still have to inculcate the habit of trailing instead of pre-empting....

Thank God, I ve option with OPTIONS

 

[Sunil]

sir,
when did you enter the trade? I cudnt find a post for the same....i m trying to fine tune my entry levels and thus was curious...

huh?

u mean, that i am a mere commentator about market conditions, or here to spoon-feed (which is against the forum's purpose) entry levels...
???

and yeah, i rely on intraday trading for my bread-n-butter - i dont have time to post intraday charts DURING TRADE HOURS - i leave that for 9 am mostly every day...

Strange, Vineet got my message that i m bearish, but u didn't?

 

[ag_fx]

huh?

u mean, that i am a mere commentator about market conditions, or here to spoon-feed (which is against the forum's purpose) entry levels...
???

and yeah, i rely on intraday trading for my bread-n-butter - i dont have time to post intraday charts DURING TRADE HOURS - i leave that for 9 am mostly every day...

Strange, Vineet got my message that i m bearish, but u didn't?

arrey nahi...u got me wrong.....i wanted to knw ur entry levels....i dnt expect u to post it during mkt hours....since u said u r done for da day i asked you so i kinda backtest wat im thinking.....

I have access to charts too...so nothing on dat front is required either....jst wanted to knw ur trades for the day in hindshight...and since u posted ur cover levels, only entry points were missing....

no spoon feeding....no commentary wanted sir......even i wanna learn for myself and dnt want ne spoon feeding.....u posting ur entry level (after trades are over) wud make me understand da thot process...nthng else

plz excuse me if im still wrng....

 

[Sunil]

Ankit,
(leaving aside scalping trades)...
Put option bought at 2835 level (i hope u find that matador post)

Fut sold at 2810 (and added more on break of 2795) - please find that descending triangle (5min) post...2795 was trough of that triangle

 

[Sunil]

Bears have tasted blood with SPOT sub-2700...

now for that KEY (as mentioned in earlier day's post) "bulls ki izzat" level of SPOT 2640-30 band..

 

[Sunil]

perfect textbook day, new2..
from R2 to S2
!!!!
(150+ points traversed)

 

[Sunil]

http://www.traderji.com/derivatives/18953-nifty-futures-trading-1738.html#post256685

this is what 20D SMA has been doing since last so many days...
just giving an opportunity to enter positional shorts...

even a close above it is not sustained for more than 1 day

 

[new2sm]

hmmm was thinking of going short @2840 level where I spotted Hanging Man(5 min charts @11:05) which means Bearish. I had also posted 2849 as resistance. But looking at the mood(and the loss I had made due to gap up) made me think otherwise. Wish I had now

 

[myvineet]

this is what 20D SMA has been doing since last so many days...
just giving an opportunity to enter positional shorts...

even a close above it is not sustained for more than 1 day

sunil bhai ,what is stop loss u take when u buy put at 2835...2850 or something else?

 

[new2sm]

Ahh no wonder why this dance is going on. we are near 2673 S2 and we rarely break S2s. hmm