Nifty Futures Trading

[nonstopkaran]

short @ 4347

SL triggered 4360 -13 points

 

[debdeeps]

Looks like formed the HL at 4332, now crossing 4368 will only confirm the uptrend.

 

[uasish]

Looking at Europe ,etc, will never give us any formidable clue.
No body ;Retail / FII/ Fund CAN NOT BYPASS Tape,no under the table Order facility are there in NSE, ALL in Tape,hence is'nt it prudent to observe that for immediate guidance.

 

[uasish]

My remaining 25 % Shorts Stop now brought down to 4372.55

 

[deb99891]

went short 59.85 n 50%cvrd 43.8
remaining part stoped out at 55.85
since then doing cash counters
will trade nifty again when set up is ready
regards

 

[uasish]

Brought down Stop to 4365.65.

 

[Sunil]

hmm...
dow futs -14pts
and europe futs less than -1%

asia avg is -2%
lets see if things change after EU open

 

[nagendra_gb]

hmm...
dow futs -14pts
and europe futs less than -1%

asia avg is -2%
lets see if things change after EU open

Do u feel it is better to exit shorts on nifty it is bouncing from 4330

 

[Sunil]

nagendra,
i have simply been scalping within this tight range of 4535-4365...
a breakout on either side is awaited after EU opens...
lets see...

everyday, we dont get a smooth 30-40 pts movement...

 

[Sunil]

i am simply going for shorts, when RSi is nearing 65-70 levels, but just scalping away quick profits...

as i said earlier, spot 4315 got tested at open itself, and so no smooth ride was expected