Nifty Futures Trading

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

lol........am doing the same.

Saint

I have developed some hi-fi telepathy sensors.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Dear biyas,I can understand that u don't have past intraday data,u r working on the real time data of just the day of trading.
Now in that case,u will be left alone on the principles of statistics,which needs a vast amount of data to reach a decision,like taking a mean or whatever.
My decision on ur question is NO.Don't go for it.U have to opt for the past data and for that a professional software is a must.
I CAN'T STRESS MORE ON THIS PAST INTRADAY HISTORY OF 150 DAYS.
Please go for it or otherwise ur problem of not getting signals for days will remain.
U have to make investments for ur professional life and this is the time.
Take around 16,000/- rupees and buy Amibroker and apply for a data converter,like 'true data india'(don't have experience on their service,so may be wrong about recommending them....no advertising).
Please excuse me if I have talked overenthusiastically.
Regards.

Absolutely correct in pointing to the importance of Past data.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Longed Nifty Fut @ 5100.00 with SL 5089.00

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

I have developed some hi-fi telepathy sensors.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

5136.00 = Resistance

 

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

sold punjloyd @370, placed a sl above 372,

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

Dear biyas,I can understand that u don't have past intraday data,u r working on the real time data of just the day of trading.
Now in that case,u will be left alone on the principles of statistics,which needs a vast amount of data to reach a decision,like taking a mean or whatever.
My decision on ur question is NO.Don't go for it.U have to opt for the past data and for that a professional software is a must.
I CAN'T STRESS MORE ON THIS PAST INTRADAY HISTORY OF 150 DAYS.
Please go for it or otherwise ur problem of not getting signals for days will remain.
U have to make investments for ur professional life and this is the time.
Take around 16,000/- rupees and buy Amibroker and apply for a data converter,like 'true data india'(don't have experience on their service,so may be wrong about recommending them....no advertising).
Please excuse me if I have talked overenthusiastically.
Regards.

So very important......past data at least 6mths (150-ish at least)

Saint

 

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

I went long on nifty mar fut at 5083. Wht should be the stop loss i should keep. Please advice

 

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

thanks hari, saint, uasish & others for valuable advices, i must have to think on it. thanks again.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Upgraded SL to 5103.00