Nifty Futures Trading

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

last 1/3 at 4260

Saint

 

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

no position my side
next target 57 as per chartstop 30

very good. how you guys identify an exact target level.

 

[milkyblack]

Re: Time to Stick my Neck Out ,Nifty 7300

exiting all longs at 4260 FUT

Grt! A bit more and u would have got the highest point of the day

Regards

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

One observation i have made of Nifty (i have readings from Nov 2007)

We have had a maximum of FIVE days of consecutive negative closings
Six consecutive days of negative closings has happened only once during the Jan 08 bloodbath.


Today is the SIXTH DAY....
if today it closes in negative, WILL TOMORROW BE A POSITIVE CLOSING (given an imminent/timely due dead cat bounce/technical relief rally from today's lows)....
Only time will tell....

BTW, tomorrow is the derivatives expiry day, today is UPA-Left meet and tonite is the US FED meet.

"trend" not violated

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

Avg entry in 2x positions=4227,exit=4256(+29pts equiv to +58pts on 2x positions).

Saint

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

time is running out....
next stop for SPOT 4265

time out at 4265 SPOT

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

thanks saint, learned (still learning) many imp. things from you.

ah,so are we all,from each other.

Saint

 

[deb99891]

Re: Time to Stick my Neck Out ,Nifty 7300

very good. how you guys identify an exact target level.

sir see u in messanger

 

[deb99891]

Re: Time to Stick my Neck Out ,Nifty 7300

ah,so are we all,from each other.

Saint

nice sir
as usual
regards

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

News flashing:

HIGHEST TURNOVER IN F&O SINCE JAN 21, 2008...

but obvious, squaring off yesterday's shorts, and creatings longs / exiting them at various points...

170 points off day's low......