Nifty Futures Trading

[Sunil]

out balance near spot 2960 / fut 2970 (HODs)

 

[Sunil]

yummy....
WELCOME TO TUESDAY MORNING BRAWL BETWEEN BULLS & BEARS...

sure to be exciting for one & "eggs"iting for the other
)

well, it was exciting for both parties...

A DREAM DAY FOR ANY INTRADAY TRADER - GETTING AN OPPORTUNITY TO TRADE & PROFIT BOTH SIDES, WITH WELL-DEFINED ENTRY LEVELS & STOPS NEARBY...

For the benefit of intraday traders' tribe & family, my wish & prayer for 2009 is to have such "well-defined/scripted" days atleast twice a trading week.

 

[Sunil]

http://www.traderji.com/day-trading...-miniflow-live-discussion-110.html#post263506

Patience pays handsomely...
There's no need to be "in" trade all the while...
Being neutral at times, waiting for BO levels to break, is also a trading strategy...

 

[Sunil]

24/12 & 26/12's HODs SPot 2962 & Fut 2972 will be the first blow for bears, with real blow coming on break & regain of 3000 on closing.

 

[kalwarik]

sirji if it cross 3000 then what will be target for nifty

 

[Sunil]

sirji if it cross 3000 then what will be target for nifty

I'll be REALLY surprised if SPOT can close cross & close above 3000 easily

 

[kalwarik]

is this year ending rally of mutual funds n FI ?
ekdam jump mar raha hain index in 2days

 

[Sunil]

i think we may also have a POSITIVE CROSSOVER of 20 & 50DSMAs today...

 

[Sunil]

I'll be REALLY surprised if SPOT can close cross & close above 3000 easily

bears ne izzat rakhli
20points scalped from corresponding 3010 fut

 

[kalwarik]

sirji kal kya hoga?
61% of Retracement is around 2998