Nifty Futures Trading

[Sunil]

kabhi kabhi, when i see returns from STOCKs, i envy them...

NIFTY took 5 days for 18% return and some stocks like RELCAP/NTPC take only 1-2 days fro such return...

but kya karoon, stocks ne mujhe pehle bahut dokha diya hain, (sometimes, when mkt is in uptrend, my stock would be just in 1st gear or maybe in reverse gear... i m not a proper TA, so stock selection was usually wrong... also, news/events affect a particular stock anytime, irrespective of the general mkt trend)

that's why, from MARCH 08, i switched to nifty, studied its levels... and realised that NIFTY IS ACTUALLY THE KING / SHAHENSHAH of ALL...
if you think that a particular event is postive for market in general (for eg), then why to think & search which stock would benefir more... just go long on the KINNNG... if u r sure of the info & reaction, buy more lots of FUT or OPTIONS as per risk appetite....

only sometimes (rarely) i go for a stock when there's a news behind only that particular stock...

 

[Sunil]

i feel 4500 NIFTY SPOT & 15000 SENSEX will be tested today....

dow is already +80...

 

[Sunil]

obviously, if UPA survives with SP support, amar singh will assure all goodies for friend anil ambani

GOD !!!
just look at gains by ADAG stocks...
from 12% to 24% in various stocks

 

[nagendra_gb]

Can we expect some profit booking at the eod ..

 

[debdeeps]

Can we expect some profit booking at the eod ..

Doesn't look like, if there may be very small.

 

[Sunil]

ideally, PUT should have bought between 4480-4500, with SL above 4535 (4535 is the HOD when for first time dbl digit inflation was announced)...

4300 PUT means u expect SPOT to expire below 4300...

(i m not sure, but the congestion zone of 4315-4350 may provide support now)

anybody feeling BEARISH (expecting correction/cooling) may buy PUT here, but for not for holding till expiry if nearly deep OTM PUT (6 days only to expiry)

 

[debdeeps]

i feel 4500 NIFTY SPOT & 15000 SENSEX will be tested today....

dow is already +80...

Most of the time I have noticed Dow reverses during actual trading. Like yesterday Dow was -135 at this hr and actual closing was +135.

 

[debdeeps]

Positional short at 4500, will carry till expiry. Reason: Have noticed after continuous 5 days up/ down, nifty changes trend for atleast a couple of days.

 

[Sunil]

Most of the time I have noticed Dow reverses during actual trading. Like yesterday Dow was -135 at this hr and actual closing was +135.

very true, debs

i just want to see HOD of nifty spot & sensex as 4500 & 15000 on such an important day when a nearly NEW govt is at place without LEFT

a psychological round figure to be achieved

 

[debdeeps]

very true, debs

i just want to see HOD of nifty spot & sensex as 4500 & 15000 on such an important day when a nearly NEW govt is at place without LEFT

a psychological round figure to be achieved

Thanks,