Nifty Futures Trading

[pra]

yes this game is playing now between institution players but we are heading to murga

 

[anjanr]

the dow fut r up. europe recovering

 

[server2712]

Inverted Head And Shoulder On Chart

 

[pra]

pl, post chart

 

[GokaSingh]

Not much of activity in BHEL,TCS,NTPC,INFOSYSTC,WIPRO,RELIANCE but holding 24 points ...
>> our guys now hold 31 points.. still no selling.. Mkt looking strong.
Bought (@37.5) and sold (@43) 3300 put twice ... Now its not allowing to sell nor SL (@35) in third time ...waiting
>> atlast SL 35 -- gone

 

[MurAtt]

Bearish wedge with 4 points touching ...

Where are the WW experts?????


Edit : Lots of whipsaws today ....

 

[milind]

that 20point downbar on 1m - a fake move?

 

[GokaSingh]

Gap up from same level twice or yahoo chart problem ?

 

[GokaSingh]

That means a tussle between the sellers and buyers is going on, so mkt rangebound or as GokaSingh prefers to say "another ping-pong day"!!!

Well done Murtaza! Target achieved …

 

[MurAtt]

that 20point downbar on 1m - a fake move?

Yes I got caught in that. Shorted 2 lots NF at that point and covered back.
Today were all loss making trades except the last one when B/O happened above 3400NF, I bot 4 lots 3500 call @ 27. Currently closed at 40/-.

Also the 3200 PE I was holding - 2 lots have been sq off as SL @ 20/- hit.

PK bhai - just a request - if you can post POC once every evening so that we know in the next morning where the POC is. Many many thanks for that.

Also for the knowledge -- 3300 puts have added 34% OI and 3400 a whopping 58% !!!!

For Calls, 3300 has added-10%, 3400-4%.