Nifty Futures Trading

[rajaram.dilipkumar]

Re: Time to Stick my Neck Out ,Nifty 7300

To be frank, No Idea. DOW is under a small consolidation. Every alternate day it rises and falls, trading between the range of 14200-14500. If it closes near to 14200 today, tomorrow we may open lower around the trendline from which we have bounced back today. Only a fall below the trendline may cause major fall.

However, If there is a gap-up tomorrow around 5225 Level in NIFTY underlying, we may have a reversal day.

i think u were meaning 12200-12500....... also for me 12800 is the critical level for dow being the h and s neckline resistance .....

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

Selling 1/4 at 5218

Saint

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

Above 6070 (Marked as 2), It'll be a 1-2-3 pattern beyond doubt both on Daily & Weekly charts. Some people may treat the minor top of 6030 (Marked as 2A) as point 2 as well. A close above these levels will be a triangle break-out.

Regards,
--Ashish

Thanx,.....shall have a look at it post mkt!

Saint

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

i think u were meaning 12200-12500....... also for me 12800 is the critical level for dow being the h and s neckline resistance .....

Thanks for the correction.I will change it.

 

[rajaram.dilipkumar]

Re: Time to Stick my Neck Out ,Nifty 7300

still bullish on wipro ( find enc. chart)...... however waiting for a b/o from the triangle before adding to my existing long position in cash.....

will close wipro when it touches 444 in cash ....... still holding idea. ...
Asish,
Just mentioning this since i posted the calls here.... will post stock calls ( if i have any )in your other thread from now... thanks

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

Selling 1/4 at 5218

Saint

Just for info for the newer guys who are counting losses and wins........this 1/4 sale made up for the last 4 stopped out trades and more!

Raisng SL of the 1/4 to 5194

Saint

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

Out of 2nd 1/4 at 5210

Saint

 

[circle zee]

Re: Time to Stick my Neck Out ,Nifty 7300

Just for info for the newer guys who are counting losses and wins........this 1/4 sale made up for the last 4 stopped out trades and more!

Raisng SL of the 1/4 to 5194

Saint

i am newer guy and.... i will keep that in mind sir..

circle zee

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

Holding back half overnight............am taking the risk,once again part of the plan.If not yours,suggest to get out and think of tomorrow as a new day.

Great going everyone!!

Saint

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

It was indeed delightfull to watch the Veterans & their Analysis.