Nifty Futures Trading

[MurAtt]

Bro u know better then me but I never eat half baked meal
means never take 3150-3050-3250 options as they are illiquid and at time of emergency u will find less buyer telling u by my experience no TA in it

Oops, sorry PT - 2 mistakes in my post which I did not see immdtly,
1. 3150, that should read 3050.
2. Buying puts at 3050 levels, implying i bot a put when the mkt was at 3050 levels and was not able to break those levels at least 2-3 tries (that was y'day). I bot a 3000 put at 100. Now its a gone case unless mkt falls by 200 pts.

As regards by view thtat we would be flying ... :gunsmilie: Bingo

 

[praveen taneja]

Praveen,
I didn't get, I am short on 2700 call from 375
Did you sell 2700 call?

-raghu

Yes bro shorted 2700 call and took 3200 may call mkt up but good hedging saving me from much loss now waiting a good point to exit 3200 call n avg the 2700 call:clap:

 

[MurAtt]

Neg divergence in 5min chart, RSI falling, mkt rising.
Also trying to retest day high around 3189 spot.

So next is what?

 

[praveen taneja]

Oops, sorry PT - 2 mistakes in my post which I did not see immdtly,
1. 3150, that should read 3050.
2. Buying puts at 3050 levels, implying i bot a put when the mkt was at 3050 levels and was not able to break those levels at least 2-3 tries (that was y'day). I bot a 3000 put at 100. Now its a gone case unless mkt falls by 200 pts.

As regards by view thtat we would be flying ... :gunsmilie: Bingo

Taken 2900 puts at 29.25 lets see it take or pay pure thought of profit booking will give me 50 at least:clap:

 

[MurAtt]

Yes me too thinking of buying a put at these levels ... facing resistance at 3180-90 but again not falling at all, that's why waiting a bit.

BTW if we break upside 3200, then 3250 and next you see, superman in extra high speed ...

 

[terminator_123]

Initiating positional trade by buying 3200 puts at these levels.. There might be more upside so gradually building up the position...

 

[praveen taneja]

Initiating positional trade by buying 3200 puts at these levels.. There might be more upside so gradually building up the position...

Mkt will show u always what it want to show remember at 2525 there were 20lac seller and 3 lac buyer n nifty is at 3200 now:clap::clap:

 

[terminator_123]

Mkt will show u always what it want to show remember at 2525 there were 20lac seller and 3 lac buyer n nifty is at 3200 now:clap::clap:

Yup we just need to follow the clues hints etc..

 

[praveen taneja]

Yup we just need to follow the clues hints etc..

There are two primary choices in life to accept conditions as they exist, or accept the responsibility for changing them.
Praveen Taneja:clap::clap::clap:

 

[pkamalesh]

A break Down of a Rising Flag isnt Good news Esp after this mightly blast on the up side..Might target a cool 100 points on the down side...But only if the pattern is correct