Nifty Futures Trading

[nareshch]

Re: Time to Stick my Neck Out ,Nifty 7300

Booked longs @ 4845

Short 1 lot with SL of 4855

Ajax

38.2% reatracement from 5450 to 4480 is at 4850 ..Watch out

Naresh

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

38.2% reatracement from 5450 to 4480 is at 4850 ..Watch out

Naresh

In Spot this level is coming at 4880 (From 5545 to 4468). Why we should calculate it from 5450, BTW?

 

[Ajax]

Re: Time to Stick my Neck Out ,Nifty 7300

followed u

Stopped out 1 lot NF with loss of 10 oints

Boss, if u did not followi me from begining, why did u
get in with me @ this level........

My loss is only 10 points .. Small amount from total gains

Ajax

 

[nareshch]

Re: Time to Stick my Neck Out ,Nifty 7300

In Spot this level is coming at 4880 (From 5545 to 4468). Why we should calculate it from 5450, BTW?

Got it .I am checking the future chart and calculated from feb last weeks high. You are correct .The high in feb 1st week is 5553 and 38.2 is coming around 4890

Naresh

 

[qa_y2k]

Re: Time to Stick my Neck Out ,Nifty 7300

just booked hughe losses.........ouch it hurts,my first loss since budget 08,i need to get out of my bearish approach.......sincerely appreciate all of your time...
hope to see u guys tomorrow as well....
cheers
p.s:
PARIS, March 25 (Reuters) - European stock index futures soared in early trade on Tuesday, boosted by a sharp rally on Wall Street on strong housing data and a raised buyout offer for stricken bank Bear Stearns (BSC.N: Quote, Profile, Research).

At 0703 GMT June Stoxx50 futures STXEM8 were up 3.4 percent, DAX futures FDXM8 were up 3.3 percent and CAC-40 futures FCEM8 were up 3.4 percent. U.S. stocks soared on Monday after JPMorgan Chase (JPM.N: Quote, Profile, Research) boosted its offer for Bear Stearns to $10 a share from $2. A surprising increase in sales of U.S. pre-owned homes last month also lifted optimism that the worst of the housing slump may have passed.

(Reporting by Blaise Robinson)

 

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

Stopped out 1 lot NF with loss of 10 oints

Boss, if u did not followi me from begining, why did u
get in with me @ this level........

My loss is only 10 points .. Small amount from total gains

Ajax

Thats fine Ajax, i had a stop loss, so rescued and now again long at 4865

 

[kkseal]

Re: Time to Stick my Neck Out ,Nifty 7300

NiFTY 4500 Apr Calls hit 450, 4600 -> 370 (my ideal lvl was 4550 but no good contract)

 

[Ajax]

Re: Time to Stick my Neck Out ,Nifty 7300

Thats fine Ajax, i had a stop loss, so rescued and now again long at 4865

Thats nice.. hope u recover ur loss

I am out of trade now & looking for next oppurtunity

Counter trades are risky. Thats why I risked only one lot

Trend is ur friend.. did some one say that

Ajax

 

[kkseal]

Re: Time to Stick my Neck Out ,Nifty 7300

Ok enough i'm out

 

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

Thats nice.. hope u recover ur loss

I am out of trade now & looking for next oppurtunity

Counter trades are risky. Thats why I risked only one lot

Trend is ur friend.. did some one say that

Ajax

Yeah Ajax, even i had shorted one lot.. i think if it goes to 4890 i will book my profits