Nifty Futures Trading

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Re: Time to Stick my Neck Out ,Nifty 7300

Dear tsunil4u...
I have a feeling the main objective of this thread and traderji is for us to learn T.A,there is absolutely no scope for fundamentals or rumors in this thread...There were days when inflation jumped from 5 to 7,yet markets cheered it,the sole reason being technicals were strong.I think this is one of the reasons for senior members to ger irked,coz they want us to learn technicals and no deviations in between.
We only trade on technicals,we dont care if inflation is 10/20/100,all we care for is our stop loss/profit objectives/targets nothing else and the rules of the game...Let manmohon resign,if we are technically strong markets will cheer the news else will crack media can cook their own stories for the cracking or cheering,our job is to trade.
Please correct me if am wrong so that we can get over this misconception that i have...
all the best!
Hi qa_y2k,
I believe both are required to get an idea of the direction of the wind particularly in ST. If inflation is 100 then NF can fall 10% within a sec and you will not even be able to exit in full or go short. Technical will not work in this case. So it's better to use both indicators. Just my 2 cents. Thanks
 
Re: Time to Stick my Neck Out ,Nifty 7300

NF has broken today's 5 min high !! It's time to go long with strict SL.
 
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Re: Time to Stick my Neck Out ,Nifty 7300

Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust the sail..."


well i can atleast make attempts to know from which direction wind will blow, and let my co-members know whether to wear raincoat, sweater or t-shirt!!!
Hey, I don't have a raincoat, will an umbrella be sufficient enough? :)
 
Re: Time to Stick my Neck Out ,Nifty 7300

Saint, for me you are the star of a "test match" and asish is the star of "20/20"...

i just take guidances from both of you to make my "one day" of trade successful...

Thanks a million to you two (also on behalf of other members too)
:D:D

had too much of a good laugh on this one........think Asish will,too.

:D

Saint
 
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