Nifty Futures Trading

[MurAtt]

Na, not trading at all --- already have put 3700 so not probs. Just riding the downside ....

LOD 3595 broken, we have moved down ... lets see where we stop.

 

[MurAtt]

Y'days LOD (intra) broken too ...

Next is where.

 

[praveen taneja]

And Whomsoever is following PTbhai's trade very closely .....

Technically every 2nd stock is looking weak and Highly overbought
nifty next sup 3566, 3509 out of call at 160 or break of 3585 watever u say:thumb:

 

[praveen taneja]

Na, not trading at all --- already have put 3700 so not probs. Just riding the downside ....

LOD 3595 broken, we have moved down ... lets see where we stop.

put taken at 168 now 185 holding with sl 180
call taken at 172 sell 160 loss 12
put taken 168 +12 now cost 180:thumb:MRP inclusive of all taxes:rofl:
For whom so it may concern

 

[Smart_trade]

Elliott wave analysis worked well..( for a change.....:lol

Smart_trade

 

[GokaSingh]

Out of Put ... hope will get chance again .. if not enough for the day ...

 

[praveen taneja]

put taken at 168 now 185 holding with sl 180
call taken at 172 sell 160 loss 12
put taken 168 +12 now cost 180:thumb:MRP inclusive of all taxes:rofl:
For whom so it may concern

Not a good day for trading as today is my half day
:clap:hurreeeeeeeeeeeeeey its monday
booked my puts at 188 now with no trade in hand see u all tomm bbye tc

 

[praveen taneja]

Elliott wave analysis worked well..( for a change.....:lol

Smart_trade

:clap::clapping::clap: bro u are really just superb in all analysis

 

[Smart_trade]

:clap::clapping::clap: bro u are really just superb in all analysis

Hello Praveenbhai,

Thanks for the kind words,dont think I deserve them.....aaj tukka lag gaya bhai....

ST

 

[myvineet]

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.....

well done da, just read it now...

excellent ......:clap::clap::clap:

vineet