Nifty Futures Trading

[lvgandhi]

Re: Time to Stick my Neck Out ,Nifty 7300

Its long above 5096.20 now , shud we go long above 5100 only !!!! Any suggestions please!!!

I don't have Kolkatta Indicator. But as per 5 mn pivot 5094.2 we can go long

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

I don't have Kolkatta Indicator. But as per 5 mn pivot 5094.2 we can go long

Okay, thanks for the input,
So it is indeed Long above 5196.20 SL at entry SL 20 points
My main reason for asking was that is it prudent to take a position near a big round figure like 5000/5100 etc. after the price breaches the round figure !!!???

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

Going long cancelled

 

[renu daga]

Re: Time to Stick my Neck Out ,Nifty 7300

exactly dont go long unless it breaches,,5100...

renu
60 min nifty chart shows goos sell off,,,so stay away

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Shorted @ 5106.30,(the Low of 2 pm's Bar in 30 mins chart of 16-5-08,becoz the Upmove started from that bar).

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Stop is now placed @ 5092.75 (the High of ongoing 30 mins bar).

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

As per rules followed inKolInd,its long above 5086.20

Shall take half qty. at this leveland balcnce abobe 5100.20

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

long in two lots at 5086.20

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Covered @ 5087.50

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Now resistance is @ 5102.05,let us see.