Nifty Futures Trading

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

R1 4065 held... gone long at 4032 spot... covered part at 4090 spot...

hope now R2 4110 is again tested....

and may be broken (europe supporting)

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

SL
pocket says 4080 spot
mind says 4073 spot

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

now again the equilibrilium levels
4060 FUT
4100 SPOT

watching TBQ, TSQ

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

i will exit longs at 4110/15 spot levels....

and sit with fishing net again with an eye on TBQ/TSQ... at 4120 or if pulls down at 4100/4090 spot

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

SPOT 4110 is the peak of last wednesday's 260 point rally from 3850 low (till now), which gave away coz of a big gap down on thursday....

that is why, chartically, a close above 4115 is required to confirm this short term uptrend... for 4220 & 4300/15

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

as of now, i m out of longs as:
1. more TSQ
2. FUT discount increasing...

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

short from 4055

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

short from 4055

hi new2sm, keep an eye on 4090 SPOT also

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

spot 4090 is today's tug of war line between bulls & bears

 

[myvineet]

Re: Time to Stick my Neck Out ,Nifty 7300

Holding Short from 4063.00,becoz in 1 min chart from 10.45 onwards started showing LH LL & 11.04 to 11.11 showed some type of Double bottom again as 11.40's bar range was very small with 11.41's bar being black candel hence shorted.

thanx asish da for all this explanation .....these are really very helpful ....

regards