Nifty Futures Trading

[columbus]

All MMAs (Monthly Moving Averages) are converging in the zone 2850~2950.

 

[milind]

Market fell today on global cues that US will be dropping after a 5% day. But so far, US markets have recovered much of the initial losses. Many financials are actually in positive territory. So there may be a chance of 3000+ on March contracts at expiry afterall.

 

[pra]

Market fell today on global cues that US will be dropping after a 5% day. But so far, US markets have recovered much of the initial losses. Many financials are actually in positive territory. So there may be a chance of 3000+ on March contracts at expiry afterall.

Dear friend

All global markets extended rally instead of overbought condition. If tomorrow more than 1.5% gap down open then chances are market will take todays last 30 minutes tone and if open with gap up or flat then chances are mkt will follow today's trading range. Spot 2895 is trend deceider, below 2890(spot) momentum downward & above 2900(spot) momentum up. Hope very choppy day will come tomorrow.

Thanks

Pra

 

[Sunil]

Spot 2960 is also the classical pivot level for today, and a potential RSR level.

Break during initial hour can lead to 2977 & 2988.
Above 2988, we have 3006 & HOD 3016

If we take help of Fibonacci ratio, then retracement levels of 3017-2914:

38% = 2955 (weak below)
50% = 2965 (ok above)
62% = 2980 (strong above)

Thus, these levels also correspond to the chart levels & will guide us in trading.

 

[VJAY]

Bro I too trade in options only Dumdum bro had adviced in a thread that instead of trading whole mnth in options before 2-3 days of expiry after watching mkt trend go for the kill and u will get about 3-4 time of your investment and i am following this successfully for the last two mnths n success rate till now muuuuuah 100%:clapping:

Dear praveen,

If you keep or saved the best part of the posts of dumdum about options please upload or give us it will help full.I tryed to find the posts of dumdum but it fails.
Thanks and Regards
VJAY

 

[Sunil]

Dear praveen,

If you keep or saved the best part of the posts of dumdum about options please upload or give us it will help full.I tryed to find the posts of dumdum but it fails.
Thanks and Regards
VJAY

In advanced search, give user name as dumdum20008 and keyword as "options" & "expiry"
select "posts to be displayed"

http://www.traderji.com/search.php?searchid=1460738

 

[Sunil]

Bro I too trade in options only Dumdum bro had adviced in a thread that instead of trading whole mnth in options before 2-3 days of expiry after watching mkt trend go for the kill and u will get about 3-4 time of your investment and i am following this successfully for the last two mnths n success rate till now muuuuuah 100%:clapping:

Credit goes to you PraveenJi....

You chose the correct technical status (highly overbought) of the market to buy put at a good resistance level and at a decent strike price (though ATM or near ATM was advisable ie Put 3000 or Put 2950)...
:thumb:

 

[praveen taneja]

Credit goes to you PraveenJi....

You chose the correct technical status (highly overbought) of the market to buy put at a good resistance level and at a decent strike price (though ATM or near ATM was advisable ie Put 3000 or Put 2950)...
:thumb:

You are right bro but if i take ATM then I cant play for Hero Or Zero
I was ready to lose 100% or at least double it Thnx again

 

[praveen taneja]

Dear praveen,

If you keep or saved the best part of the posts of dumdum about options please upload or give us it will help full.I tryed to find the posts of dumdum but it fails.
Thanks and Regards
VJAY

Hope you recieved your reply in sunil sirs post next to ur post

 

[Sunil]

Spot 2960 nearly confirms baby-RSR status....
let's see how the day pans out