Nifty Futures Trading

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linkon7

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:rofl:
Truly. I am down laughing.

Actually was not asking abt the immediate tech but in general. Read the name somewhere, got a google on it and came onto the homepage BUT
wanted to know whether any Seniors following this indicator and what its benefits etc are in general.

But you IMG has made my evening, thanks L.

And btw, did u fulfil the margin call or what happened thereafter?
Ichimuku a very good trading system... designed to catch 80% of the trend. I am studying it myself. Very impressive. Lets you take a positions based the complete picture. The only problem is it takes a lot of patience if u want to trade nifty only. if u plan to take delivery positions....then its excellent.

btw, I think my broker was joking about the marginal call but going by the sentiments of most broking firms i didnt take a chance. I transferred enough to meet another 20% freeze...:lol:
 

linkon7

Well-Known Member
damm... they hiked the margin requirements like crazy....
R K Global needs 60 thou for1 lot of nifty.... 25 thou for 1 mini-nifty....
Indiabulls needs 50 thou for 1 lot of nifty....

this is their way of getting the longs to square off.... since most people wont like to pay the margin...

Broker house are in a lot of pain. And they wont let markets go off like that....
 
NIFTY FUTURE LEVELS FOR 19.05.2009

4268 above 4350-4483-4593-4633-4848-5000.

4267 below 4117-4028-3969-3951-3902-3837-3760.

(Strong Res-4350, 4593, 5000)
(Strong Supp-4028, 3969, 3951, 3760)

Probability of selling at higher levels could come. Once again a colatile day. Trade safely pals.
 
Markets may take a day or two to come out of this Euphoria.

Surely there will be a huge sell off in a day or two after the margin call is over by all the brokers. No doubts. But when will come??? God only knows. Or the big pockets will know.

For sure today all the retail short positions will be sqrd off by brokers and this will fire the markets once again. Let see

Keep fingers crossed.
 
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