Nifty Futures Trading

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Satyen

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#3,796
#3,796
Re: Time to Stick my Neck Out ,Nifty 7300

vineet
call them (RM) ..... i have accont with a subbroker manages to close my position when ever i need
today i covered my long at 4948 also had no problem

Satya
 
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milkyblack

Well-Known Member
#3,798
#3,798
Re: Time to Stick my Neck Out ,Nifty 7300

rkkarnani said:
Friend, how abt. posting your reasons for being short !!!!!!
Click to expand...
Well for the following reasons...
1. Nifty unable to cross the earlier pivot of 4970 till now even after a gap up opening.
2. Yesterday there was profit booking suggesting lack of Long conviction at higher levels.
3. I believe there would be a correction after 2 consecutive up moves (tough i may be wrong over here).
4. Non techical reason that there is a 3 day weekend so traders might be cautious to take long positons.

but if 4971 is taken then i would go long in the market with proper SL given at tht point in time

Regards
 
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