Nifty Futures Trading
- Thread starter uasish
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- Tags nifty futures nifty intraday trading
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Dear Gokasingh,
When I get tensed up on seeing the movement of candles in my screen, I usually smoke. Today some more extra fags. My time went like this on observing the uncertainities on the screen.
Atleast you used your time in composing poems, that too timely reminder on the psychology of traders. A good work..yaar. Keep it up. :clapping:
When I get tensed up on seeing the movement of candles in my screen, I usually smoke. Today some more extra fags. My time went like this on observing the uncertainities on the screen.
Atleast you used your time in composing poems, that too timely reminder on the psychology of traders. A good work..yaar. Keep it up. :clapping:
A woman had 3 girls. One day she decides to test her sons-in-law. She invites the first one for a stroll by the lakeshore, purposely falls in and pretends to be drowning. Without any hesitation, the son-in-law jumps in and saves her.
The next morning, he finds a brand new Toyota car in his driveway with this message on the windshield.
"Thank you!
Your mother-in-law who loves you!
A few days later, the lady does the same thing with the second son-in-law. He jumps in the water and saves her also. She offers him a new Honda car with the same message on the windshield.
Thank you!
Your mother-in-law who loves you!
A few days later, she does the same thing again with the third son-in-law. While she is drowning, the son-in-law looks at her without moving an inch and thinks: "Finaly! It's about time that this old witch dies!
The next morning, he receives a brand new Ferrari car with this message
THANK YOU!
Your father-in-law.
Cheers
Indian people present more stable government than previous. For that reason, banking & insurance norms will be diversified easily & so called P-notes norms will be ease. Thats the main reason more FII inflows will flow to indian capital market. It is the main fundamental change.
TECHNICAL VIEW---- Mkt consolidate 3520--3710 range more than 10 trading days for upward thrust. Gap up opening on monday will set up deceissive breakout. Target for next rally is 3710+180=3900 minimum. If sustain above crucial 3850 safe 3800 level more than 2 days then mkt will reach 4300 level which is Fib 50% retacement of high 6350 & low2250 easily because global mkts seems to be end of corretion & waiting for last rally.
Expexted monday will open around 3900 level, after initial adjustment mkt will move towards 4300 level within next 1 month max time frame.
On any reason, if 3800 not hold then again mkt will test 3520 level but chances are less as per my prediction. So, please, trade with tight stoploss.
Thanks
Pra
TECHNICAL VIEW---- Mkt consolidate 3520--3710 range more than 10 trading days for upward thrust. Gap up opening on monday will set up deceissive breakout. Target for next rally is 3710+180=3900 minimum. If sustain above crucial 3850 safe 3800 level more than 2 days then mkt will reach 4300 level which is Fib 50% retacement of high 6350 & low2250 easily because global mkts seems to be end of corretion & waiting for last rally.
Expexted monday will open around 3900 level, after initial adjustment mkt will move towards 4300 level within next 1 month max time frame.
On any reason, if 3800 not hold then again mkt will test 3520 level but chances are less as per my prediction. So, please, trade with tight stoploss.
Thanks
Pra
Last edited:
Mkt rumors - Sell on opening at High. Sq off / cover later in the day or after 2-3 days
BUT
all this is speculation as rumor market much much hot.
Even CNBC telling 800-1000 pts gap up and even an upper Circuit.
Upper circuit at 3973 Nifty.
Enjoy - as the chaps at CNBC are telling - a Magnificient Monday.
BUT
all this is speculation as rumor market much much hot.
Even CNBC telling 800-1000 pts gap up and even an upper Circuit.
Upper circuit at 3973 Nifty.
Enjoy - as the chaps at CNBC are telling - a Magnificient Monday.
murtaza bhai.
take these CNBC predictions with a pinch of salt. It could be Magnificient Monday, But for whom?
market has rallied 1100 nifty points ( approx. 40%) in two months. and the big event is out of the way. so, the markets have to retrace after an initial euphoria, to give way for a pre-budget rally.
As your favorite poster says,
my views for sure. I could be wrong.
take these CNBC predictions with a pinch of salt. It could be Magnificient Monday, But for whom?
market has rallied 1100 nifty points ( approx. 40%) in two months. and the big event is out of the way. so, the markets have to retrace after an initial euphoria, to give way for a pre-budget rally.
As your favorite poster says,
my views for sure. I could be wrong.
SGX NIFTY is quoting at
4100
SGX NIFTY here
Really UNBELIEVABLE price!!!
considering that circuit limits are at 300pts (10%) and 450pts (15%)
refer circuit limits for Apr-June09 qtr. here
4100
SGX NIFTY here
Really UNBELIEVABLE price!!!
considering that circuit limits are at 300pts (10%) and 450pts (15%)
refer circuit limits for Apr-June09 qtr. here
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