Nifty Futures Trading

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Sunil

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Re: Time to Stick my Neck Out ,Nifty 7300

NEWS:

Shell shuts down Nigerian oil field after millitant attack

Good for OIL, not for stock matkets
 

Sunil

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

It would be better to buy a Put Option, as it would be very tough for SPOT to cross 4540/50 CMP=4510

(positional trade)
 

Sunil

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

I see a channel formation on both Spot & futures charts (today's ticks)

It's like trending downwards making lower highs...

According to this channel, next shorting level is
SPOT = 4515
FUT = 4495/97

i'll try this out....
 

Sunil

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

<<YAWN>>

I have brought 4400 Put at 50/- as a positional trade. Spot is slowly grinding down, but near 4500, it has supports and at 4540, it has resistance.

Will worry about Puts only if it seems to CLOSE above 4550 level.

Rally's back is already broken. No good news lurking by.

If it reaches 4580 to close today's gap down, short more or buy more puts...
 

new2sm

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

someone is desperately clinching on the 4500. hamare pet par latmarne ki soch raha hai....ravan nahi billi hai 4500 9 lives and uchal kar vapas aajati hai....
 
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