Nifty Futures Trading

[myvineet]

we don't change theory like that every day...

i should have been patient...
ideal stop is break of BLACK line... (which happened later, but at a lower level)

me too stop out but we can't wait for black line to touch ..it will be like going without stop because we don't know at which price it will cross black line..

 

[Sunil]

me too stop out but we can't wait for black line to touch ..it will be like going without stop because we don't know at which price it will cross black line..

black line is always very well defined...
it is a 34 period EMA.. it does not change rapidly with each passing bar

open your spot chart...
at that moment, stop was at 2783 (u can tally this figure of black line even from a pivot high in spot chart)...
i did not wait for a good break of this 2783... chickened out soon (later realised even RSI suggested to wait)

 

[Sunil]

personally, a very bad start to the week, which ends with a 3 day holiday!!!

was forced to exit my positional shorts too, yesterday...

I am being outfoxed by Nifty left & right...

:-|

 

[myvineet]

often when we loose all hope & think this is the end...

GOD smiles from above & says," Relax Dear, its just a bend .. not the end.!!

best wishes

 

[Sunil]

now what, does it want to fill the gap at 2803-2780...??

please call the dentist, Jeffsmith

 

[Sunil]

oye chal oye

chain kulli ki mein kulli ki chain
chain kulli ki mein kulli ki chain
chain kulli ki mein kulli ki chain

)

 

[Sunil]

booked 3/4 at 88 from 73

 

[rajuwaste]

Nifty Filled the gap created today

 

[Sunil]

Nifty Filled the gap created today

not yet... it gets filled at y'day LOD 2803 fut

exited bal 1/4 at cost

 

[jstraju]

after all the confusion It is a Doji day(pun intended)
Raju.