Nifty Futures Trading

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Re: Time to Stick my Neck Out ,Nifty 7300

Although holding longs in the 30min,should have taken that short in the 5 along with Ajax.......:mad:

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

All the upmoves today retraced to the 0.78 levels . Interesting and we can say Bearish .

First from day low to 4569 retraced 78% to 4500 . From 4595 the upmove to 4562 is retarced exactly to 4509 , the 78% level. From 4509 to day high is again retraced to 4526
I assume price rally after 0.38 or .5 retracement is a goodsign for up moves and in bull market we usually saw 0.23 and 0.38

All the upmoves retracing 78% is defiately bearish and shows the selling pressure . Your thoughts ?

Naresh
 

Ajax

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

Although holding longs in the 30min,should have taken that short in the 5 along with Ajax.......:mad:

Saint
And guess I covered my short @ target... NF is
good 30-35 points below that... ANd its not over yet...

Hindsight is it ?

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

And guess I covered my short @ target... NF is
good 30-35 points below that... ANd its not over yet...

Hindsight is it ?

Ajax
probably.........:)

A good day nevertheless.....

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

Am flat.....well,was flat some time back....would be interesting tomorrow.....either a gap down or up

Saint
 

new2sm

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

damn missed the whole Upmove :( wud have made lots of bucks on calls bought yesterday had I been on the terminal. neways, pray I get a even better UP move tommorow. damn why does it happen with me only :(
 
Re: Time to Stick my Neck Out ,Nifty 7300

damn missed the whole Upmove :( wud have made lots of bucks on calls bought yesterday had I been on the terminal. neways, pray I get a even better UP move tommorow. damn why does it happen with me only :(
Not only u friend... me too missed today's short rally in the noon... i left out at sun outage...

From 2morrow onwards, there will not be sun outage...

Sats
 
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