Nifty Futures Trading

[milind]

Broken? Next levels?

No, not broken. It may find support around 3300 corresponding to the lows of 22nd/23rd. Note, I am not a scalper, so I look at longer time frame. RIL is close to support around 1730. I am guessing that today's fall in RIL was partly due to a downgrade by BNP Paribas.

-- Milind

 

[MurAtt]

No, not broken. It may find support around 3300 corresponding to the lows of 22nd/23rd. Note, I am not a scalper, so I look at longer time frame.

-- Milind

I do not scalp too - generally I do not trade too but this time round was inspired by PT bhai Zero to Hero scheme and thought to partake of the booty ....



So putting some money and lets see where we stand at expiry ....

 

[praveen taneja]

I do not scalp too - generally I do not trade too but this time round was inspired by PT bhai Zero to Hero scheme and thought to partake of the booty ....



So putting some money and lets see where we stand at expiry ....

:rofl::rofl::rofl:
Bro pls dont do this bcoz i know when to exit and when to enter do you??????????

 

[Nishikant]

3389 Read It Somewhere At Traderji

so far 3389 is giving good support to NF lets see this time will it break or not EU mkts in Red turning again from 3391 hope expiry around 3415 any view on that ??????

HARI OM PRAVEEN BHAI



"MR NISHIKANT HAD MENTIONED ABOUT THIS 3389 BOUNCE BACK ZONE IN HIS YESTERDAYS TREND ANALYSIS OF NIFTY FUT. HE HAD ALSO MENTIONED THAT 3358 WILL BE TESTED IF 3389 IS BREACHED, AND COINCIDENTALLY, BELOW 3389 NIFTY FUTURES DID TEST 3358" :clap:



KINDLY READ IT AT HIS THREAD AT :-



http://www.traderji.com/futures/26240-nifty-futures-weekly-intraday-analysis-trend-report-29.html



READ " NIFTY FUT INTRADAY TREND ANALYSIS & TRADING CALLS FOR 28-04-09" AND IN THAT READ "DOWNWARD VIEW OF NIFTY FUTURES"



GANPATI BAPPA MORYA


HARI OM

REGARDS,
NISHIKANT K. HADGE

 

[MurAtt]

:rofl::rofl::rofl:
Bro pls dont do this bcoz i know when to exit and when to enter do you??????????

Nopes, I am just trying out with small stuff.
No bigtime money involved. So no probs.

Appreciate your concern. Thanks a ton for keeping an eye out for us.

U still holding your 3400PE? Touched 63 but fell back to 53-ish.

 

[praveen taneja]

Re: 3389 Read It Somewhere At Traderji

HARI OM PRAVEEN BHAI



"MR NISHIKANT HAD MENTIONED ABOUT THIS 3389 BOUNCE BACK ZONE IN HIS YESTERDAYS TREND ANALYSIS OF NIFTY FUT. HE HAD ALSO MENTIONED THAT 3358 WILL BE TESTED IF 3389 IS BREACHED, AND COINCIDENTALLY, BELOW 3389 NIFTY FUTURES DID TEST 3358"



KINDLY READ IT AT HIS THREAD AT :-



http://www.traderji.com/futures/26240-nifty-futures-weekly-intraday-analysis-trend-report-29.html



READ " NIFTY FUT INTRADAY TREND ANALYSIS & TRADING CALLS FOR 28-04-09" AND IN THAT READ "DOWNWARD VIEW OF NIFTY FUTURES"



GANPATI BAPPA MORYA


HARI OM

REGARDS,
NISHIKANT K. HADGE

Yes bro its true I accept that 3389 came in my eyes first from ur msg at Ym later when i saw it is jumping from that place thrice so i posted that but real appereciation is for ur calculation:clap:
This mnth expiry didnot gave Bear much but I feel next mnth after 15th it will be Bear with Lots of Beer with them
Hari Om:cheers:

 

[GokaSingh]

Need some advice what I have done wrong todayThis was my thought process

1. Market opened lower, some pull back again down. So I fixed my range (long below 3425 n short above 3470) and started trading >> No TA used, just a guess or I felt like that.

2. Bought 2 lots of 3400 call @ 45 >> No SL defined

3. Market further down still bought another 2 lot @38 to make the avg. at 41.5 with very tight SL o@35 >> Never Avg. the loosing trade.

4. Market slipped further SL hit Rs. 1350 gone (not a big money at this time but if do the same when I start full fledge could be a big loss)

5. Market recovered my call wend up to @44, felt sorry that my SL was to tight, thought of buying it again but somehow managed to avoid trade by buying it virtually

6. It was @12.20 at the end, I lost another 4400 virtually.

So now question is ...
Do you guys start with some market range?
How and when do you change this pre-fixed range with market trend ?
What is the best stop loss % for nifty intraday ?

 

[praveen taneja]

Nopes, I am just trying out with small stuff.
No bigtime money involved. So no probs.

Appreciate your concern. Thanks a ton for keeping an eye out for us.

U still holding your 3400PE? Touched 63 but fell back to 53-ish.

taken put and exit at 35.75 then i saw i m doing mistake enter again at 34 and sold put at 57.50 lack of patience but enough:thumb::thumb:
If it is affordable then u can play 0 to hero too:rofl:
Bro my fear is not anybody earning my fear is loss of anyone
Lost and got so much from this mkt now Its in my veins I love this Mkt.
My girlfriend told me I should be more affectionate.



So I got myself two girlfriends.

 

[praveen taneja]

Need some advice what I have done wrong todayThis was my thought process

1. Market opened lower, some pull back again down. So I fixed my range (long below 3425 n short above 3470) and started trading >> No TA used, just a guess or I felt like that.
Ans.Bro as it was expiry day and whole mnth didnot much to Bears it was expected to fall today No TA just a Layman Guess
2. Bought 2 lots of 3400 call @ 45 >> No SL defined
Ans. Never work w/o SL and on expiry day chose less amnt Option must had taken next mnth call if u want or this mnth 3500
3. Market further down still bought another 2 lot @38 to make the avg. at 41.5 with very tight SL o@35 >> Never Avg. the loosing trade.
Ans. Never avg a losing Trade
4. Market slipped further SL hit Rs. 1350 gone (not a big money at this time but if do the same when I start full fledge could be a big loss)
Ans Yes thats better always Think of loss and profit why n how that happen
5. Market recovered my call wend up to @44, felt sorry that my SL was to tight, thought of buying it again but somehow managed to avoid trade by buying it virtually
Ans. Never be sad on spoiled milk
6. It was @12.20 at the end, I lost another 4400 virtually.
Ans.On expiry day try to exit all options around 3pm if u r not in or more then 50% profit
So now question is ...
Do you guys start with some market range?
Dont know about others but Yes i keep an eye on what are todays sppt and res. and where is Dow Fut trading
How and when do you change this pre-fixed range with market trend ?
Always try to hedge my position when mkt is not trading according to my plan
What is the best stop loss % for nifty intraday ?

for me Support - (7-10) is mostly SL
Excuse me if I m wrong on TA but surely right on profit making
A man meets a genie. The genie tells him he can ask for whatever he wants, but his mother-in-law gets double of what he gets.



The man thinks for a moment and says, Okay, give me a million dollars and beat me till I'm half dead."

 

[MurAtt]

Yes PT bhai,

I know that it is not my earning but my loss that u r worrying about.

Same with me here - I have read soooooooo many instances on traderji - from Hero to Zero that I am very very cautious and almost NOT TRADED.

TA I have been following not much but around say last 2 years. The last 6 months at TJ have been the most exhaustive and expansive.

Mainly I am learning TA for info purpose or rather say Hobby to Know anything and everything - not just in the Sharemarket but anywhere, any field.

A portfolio which my father has accumulated over a period of 30 years and more.
I just keep passing him news I get from the net re the scrips we hold. Pricing, freak trades etc. HE is the one still maintaining the portfolio.

So you know - it is just learning and nothing more, no greed no fear nothing ....

Cheers ....