Nifty Futures Trading

[nonstopkaran]

Re: Time to Stick my Neck Out ,Nifty 7300

can we put stop loss and stop profit both for a contract?

if we go long NF at 4000 with stop loss 3980 and stop profit 4020.
any broker provides this facility ?

PIB which is Indiabulls trading tool, doesnt provide this. U can either go for Stoploss or stop profit, but not both at a time.

Others,
let me know whether this facility is available in any other tool from any other broker!!!!!!!!

 

[renu daga]

Re: Time to Stick my Neck Out ,Nifty 7300

1 way Traffic.

since it wsa oe trafiic,,,the whole day trading with that indicator was very easy ,,with that strategy

renu
applied it to sail /and bharat forge too

 

[rajaram.dilipkumar]

Re: Time to Stick my Neck Out ,Nifty 7300

bank nifty close to the first support level .........will go short again if this level is broken for the next target of 4850-4900. Chart of SBI gives me the confidence to go short again in bank nifty as i expect levels of 1020 and 915 in this stock ( it broke 1600 in weekly on 23rd may which happened to be its h and s neckline and since then the gradient of the fall has been intact) . As far as nifty is concerned 4002 in spot nifty is the next critical pivot ....here again the chart of index heavyweight reliance looks weak the moment it broke 2115 confirming a LL-LH Pattern in weekly which inturn will help nifty reach that level ..

covered up in bank nifty futures (enc. underlying bank nifty)... will trade in nifty only for this week ...if 4002 in nifty spot is broken then 3600 will be the next level . However , a bumper couple of weeks in nifty and bank nifty has been offset by portfolio losses.just looking to trim them if the critical pivot cracks even on a intra-day basis..

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

NIFTY SPOT LEVELS TO WATCH OUT FOR TODAY'S TRADING

A general consensus is already there about the market being in oversold region.
4000/05 is also being regarded as a strong support from where short-covering rally should take place.
But, in this news & panic-selling driven market, one cannot rule out that emotions may take over technicals, and 4000 support may not hold.
Below 4000, 3980 is the last baston... below that, Nifty SPOT may take support anywhere between 3950 & 3900.


LEVELS TO WATCH OUT FOR ANY UPMOVE
4065 - This is the initial level which SPOT has to break for any chance of a relief rally/correction.

4085 - This is my Pivotal point for the day. Bulls will have an upperhand if this level sustains.

4100 - The initial target for the short-covering rally.

4115-20 - My full stop for today. If this level breaks, then it will result in more shorts squeeze among bears, which can immediately target 4140/50 levels. (I will be positively surprised if this happens today).


If nifty opens flat and grinds down, look out for TBQ & TSQ, or other indicators,near 4020/4000 levels for any signs of bounce.

Have a profitable trading day!

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

It's raining lion-cats & bull-dogs here in Bombay... very heavily since yesterday evening...

I always wondered how do these NSE Satellites work in such heavy downpour when they need a break during sun-outage days....

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

3987 is S1 for nifty

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Asish Sir's method helped me go long at 3960 FUT... booked part at 4000... rest trailing stop 3977

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

crossing 4050 spot & 4016 Fut will give more tempo upwards....

 

[citrus]

Re: Time to Stick my Neck Out ,Nifty 7300

Asish Sir's method helped me go long at 3960 FUT... booked part at 4000... rest trailing stop 3977

Kindly mention the post where the 'Ashish method' has been described. Please reply when you have the time.

Regards.

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Kindly mention the post where the Ashish method has been described.
Regards.

Honestly, I used to observe the levels where he used to go long.... the answer lies in the charts... you'll see a peak (or whatever u call it) at 3958 at 10:21... when this was broken on the upside from the lows, you go long....

i dont use any technical software.... so exact answer (bar high, etc) Asish Sir can assist...