Nifty Futures Trading

[uasish]

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.

Holding this.

 

[milkyblack]

Re: Time to Stick my Neck Out ,Nifty 7300

Holding this.

Asish Da,

Good one

But is it not looking like a bottom? I mean Asia was down, Europe down and even after gap down closed pretty good. Am I right?

Regards

 

[rajaram.dilipkumar]

Re: Time to Stick my Neck Out ,Nifty 7300

Holding this.

jobbed in nifty today and was long from 3925 ... somehow the sell order i placed at 3940 didnt get executed in the last minute.Hence was forced to carry this long...personally hate to carry any futures positions overnight these days..

 

[rajfal]

Re: Time to Stick my Neck Out ,Nifty 7300

jobbed in nifty today and was long from 3925 ... somehow the sell order i placed at 3940 didnt get executed in the last minute.Hence was forced to carry this long...personally hate to carry any futures positions overnight these days..

This might prove lucky to you, rajaram

Crude is already down to 137.50 and dow futures have turned positive

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Following are some interesting statistics about our bread-n-butter NIFTY:

(P.S. please take these figures as a number game. History may or may not repeat itself always)

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

THE EIGHT (8) YEAR TIME CYCLE OF NIFTY:

1992-1994 (3 years Bearish)
1995-1999 (5 years Bullish)

2000-2002 (3 years Bearish)
2003-2007 (5 years Bullish)

2008-2010 (3 years Bearish)
???????????????????????????




I have a nag with Reliance Power (not with the co. but with its timing of entry in stock market)... It's IPO issue opening date coincided with start of the current bear phase (2008). Majority of its projects are due to start operating in 2010+
Can 2008-2010 (3 year bearish cycle) be possible......(though not entirely just coz of RelPower)

?!?!?!?!

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

CORRECTIONS IN A BEAR MARKET (NIFTY):

PEAK YEAR BOTTOM YEAR PEAK VALUE BOTTOM VALUE Value of Fall FALL % Period of Correction

APR 1992 APR 1993 1281 600 681 53% 12 Months
FEB 2000 SEP 2001 1818 850 968 53% 20 Months
JAN 2008 So Far 6357 3848 2509 39% 6 Months



Just for statistical knowledge, 53% fall from 6357 (jan 08) = 2990

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Which is the favourite quarter of NIFTY???


Quarterly Returns %

YEAR Q1 Q2 Q3 Q4

2008 -22.91 -14.45 -- --

2007 -3.19 13.27 16.45 22.15

2006 19.94 -7.64 15.15 10.92

2005 -2.23 9.57 17.74 9.22

2004 -5.80 -14.59 16.84 19.48

2003 -10.64 17.12 26.42 32.61





hmm.... so we buy at start of Q3 (ie in July) and sell at end of Q4 (ie in december)....

 

[rajaram.dilipkumar]

Re: Time to Stick my Neck Out ,Nifty 7300

This might prove lucky to you, rajaram

Crude is already down to 137.50 and dow futures have turned positive

yes rajfal , lets see......
thanks sunil for your analysis..

 

[nonstopkaran]

Re: Time to Stick my Neck Out ,Nifty 7300

Good Work Dude.......

Your dedication will deff be payed one day....... Kudos!!!!!