Nifty Futures Trading

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Bro I always warn every one in options most dangerous enemy is time decay thats why I always try to play in options for intraday and specially i exit even in loss on friday itself
Taken 3700 call at 167 & put at 168 lets see..............
For whom so It may concern..........:)
todays support was pegged at 3680-3657-3628-3589
on break of 3657 booked loss in call at 148 and remain in put with a stop loss and when after breaking 3627 it went to 3590 and unable to break that booked put at 222:rofl:
Nice profit continuously for last few days waiting for a call from CNBC as all tukka master assemble there with Uddayan Nowadays:rofl:
One of tukaa master in the morning telling mkt can do 3850 today itself hahahaha
 
Posting 5 min Nifty Futures chart with short term Elliott Wave counts marked on it. The horizontal lines are resistance lines as per DeMark systems...


We seem to be in 4th corrective wave and a final downthrust is pending...this 4th wave can go up to 3640-45 but if it goes above 3660 then it will break 0-2 trendline which needs to be clean and our reading will be proved wrong (as usual...we are quite used to changing our Elliott counts :lol:)

4th upwave looks corrective and a downmove which should take NF below
3586 is pending.....

I dont recommend trading on Elliott wave but having studied Elliott that touch never goes and saw these waves and thought of sharing here.....

Best wishes, Trade well

Smart_trade

ps: Sticking my neck out and taking the risk of getting bashed up by many Elliott and Oscillators bashers here.....:lol::rofl:
 
Posting 5 min Nifty Futures chart with short term Elliott Wave counts marked on it. The horizontal lines are resistance lines as per DeMark systems...


We seem to be in 4th corrective wave and a final downthrust is pending...this 4th wave can go up to 3640-45 but if it goes above 3660 then it will break 0-2 trendline which needs to be clean and our reading will be proved wrong (as usual...we are quite used to changing our Elliott counts :lol:)

4th upwave looks corrective and a downmove which should take NF below
3586 is pending.....

I dont recommend trading on Elliott wave but having studied Elliott that touch never goes and saw these waves and thought of sharing here.....

Best wishes, Trade well

Smart_trade

ps: Sticking my neck out and taking the risk of getting bashed up by many Elliott and Oscillators bashers here.....:lol::rofl:
Da, Nice wave count. Which data provider do u use for five min chart. Whats ur count on daily and weekly chart?
 
So far 3640 is trend decider for nifty and 4th wave of Da too so taking 3600 call and put at 172 & 168 lets see.............................
 
"Don't focus on making money; focus on protecting what you have." Now time is for alertness a good volcano in the making
 
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