Nifty Futures Trading

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

IMPORTANT

All members,

I want a general consensus on this: Which month's Future charts will you be looking at (today being an expiry day)...
I have noticed this in last two expiries also - The momentum (no. of points of movement) generally is not that much in current month's Fut as compared to the next month's Fut...
especially, past 2:30, if there is a pickup in momentum in any direction, the movement will be more pronounced in JULY FUT than in JUNE FUT... after all, it's the number of points which matter...

So, just to verify the common FUT chart (as this is my first time with this thread), please let me know which month's FUT chart will you be looking & trading???

Please reply to avoid misunderstandings.....

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

I always follow a rule to start trading in the next months Fut/Options in the last 10 days and/or week. This is more pronunced in Options as they are less movement prone than Futres. So If u have noticed, I am trading in July already from past few days. Hope it helps.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

I do Intraday in Nifty Fut hence any month should do but as June data is continous hence June.

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

uncomfortable gap up...
i'll wait for it to cool down a bit

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

comfortable / reasonable buy level (SPOT)

break above 4300
or
at 4250

let's see

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Thrice taken Support @ 4262 zone hence Long from 4268.00 with SL 4259.00

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

range bound trades warrant quick profit booking...

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Thrice taken Support @ 4262 zone hence Long from 4268.00 with SL 4259.00

I applied the same logic to SPOT 4265... and went long... but for quick scalping

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Increased Stop to 4274.95

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

a look at open interest & PCR at 4300 SPOT seems to imply strong resistance...
or that it might close below 4300...

(my study may not be right also)...