Nifty Futures Trading

[Sunil]

This is for those who are well versed with the pivot flow concept:

Saint Sir had given a very interesting reply to my query here Post No. 2943

Over the long weekend, just use advanced search on this thread for all Saint's posts & go through his expressed thought-processes while coming up with the method.
I just scanned through some posts & I was really amazed with the knowledge/experience shared among Asish Da, Saint sir and Aca_trader.
For me, that was THE GOLDEN PERIOD of this thread.
(This is what I had mentioned is the main difference between textbook knowledge & practical knowledge)

Even a million thanks to these REAL GEMS of the forum will not be enough.

 

[Sunil]

Y'day's intraday double top (which broke its trough too) is at FUT 2760 / SPOT 2774

Matador for bulls.

 

[Sunil]

Nagen,
here we go again:
SPOT & FUT's OPEN = LOW

base/stop FUT = 2707 as of now

 

[myvineet]

y'day's intraday double top (which broke its trough too) is at fut 2760 / spot 2774

matador for bulls.

now trough is giving first resistance...

 

[new2sm]

Hanging Man in 1 min.

 

[dhavalj]

Thanks Sunilbhai for the view. Even 2758.2 is the 38.2% level for the last fall from 2868.2. Another target is 2779.2 followed by 2800.2. Btw, I feel that the wave 2 might have been over at 38.2% retracement itself and we are in the third wave since yesterday's move took it below 2701.75. Dont take my analysis too seriously plz as I am just learning and using this forum to document my thoughts.
Also some newbie doubts. Should I choose feb contract or march in case i want to take a short position on nifty? Also I wanted to understand more about options. Can anybody guide me to the relevant forum? Thanks.

 

[arnav_rulz]

hmm... this has somehow been my worst intraday trading month But its been my best Option Selling month Ever !! Almost all my Option Strategies went perfect this month... Just 1 wish remaining that market closes anywhere between 2600 and 2800 this month so that at the last second on the expiry day i can buy all my calls and puts @ .05 Paise only hehe


Btw how has this month been for guys... ?

 

[TrendPlayer]

hmm... this has somehow been my worst intraday trading month But its been my best Option Selling month Ever !! Almost all my Option Strategies went perfect this month... Just 1 wish remaining that market closes anywhere between 2600 and 2800 this month so that at the last second on the expiry day i can buy all my calls and puts @ .05 Paise only hehe


Btw how has this month been for guys... ?

Arnav: In case we dnt cover our options then what happens at expiry. Say if one has

1. sold 3000CE and mkt closes at 2800..is there a need to buy back 3000CE.
2. or one has bought 2900 CE and again mkt closes at 2800.

 

[new2sm]

inv h&s in 3 min. neckline 2713

 

[arnav_rulz]

Arnav: In case we dnt cover our options then what happens at expiry. Say if one has

1. sold 3000CE and mkt closes at 2800..is there a need to buy back 3000CE.
2. or one has bought 2900 CE and again mkt closes at 2800.

Nope there is no need to cover ... It will automatically square off at the end of expiry day.. I just mentioned that i will buy it @ 5 paise cause it makes me feel real good to see 100% profit ! hehe