Nifty Futures Trading

[Sunil]

booking all at 4470...

more than recovered the PUT loss, as it was small qty...

 

[mitasatyajit]

Collected some 4200 PE @22.60/- av.

 

[mitasatyajit]

< 4417 is very good for short position (positional).

Regards.

 

[new2sm]

unable to cross 4462.5 decisively(with good volumes) only crossing 4480 can take it to R4 4587.

 

[mitasatyajit]

unable to cross 4462.5 decisively(with good volumes) only crossing 4480 can take it to R4 4587.

Very good observation.

Regards

 

[Sunil]

SPOT is consistently closing above its 20DMA

SPOT, for the first time since MAY, closed above its previous high 4215 (and made a HH)

SPOT easily cut through the congestion band of 4315-4350

SPOT is testing its 50DMA now (4450)

it has maintained its HH HL formation even today after a BIG GAP UP

all these indicate SPOT should atleast test its next congestion zone of 4480-4500, provided 4400 holds...

 

[nagendra_gb]

Very good observation.

Regards

Hi ,
i have brought 4300 puts at 40 shall i hold for couple of days.. please le me know when should i exit..

 

[deb99891]

unable to cross 4462.5 decisively(with good volumes) only crossing 4480 can take it to R4 4587.

fanta observation
as u encashed some bucks

 

[new2sm]

4462.5 is R3 for FUT

Sorry this is for Spot and not for FUT. For FUT the R3 is 4507.2 Spot did bounce before that so it seems 4462.5 is strong resistance.

 

[new2sm]

fanta observation
as u encashed some bucks

Thanks. Actually not trading FUT anymore only trading in Options and yes all my Options have rocked.