Nifty Futures Trading

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Sunil

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well i am novish in this mkt, carefully follwing this thread (other thread also),nt posted anythinh bcz nothing to post , only observing ,learning and doing paper trade with mini nifty,
thanks a lot to evrbody 4 their effort, really grateful to all,2 day did one real trade with minnifty and able to make 10 pnt (net) pft out of that ,so happy :)could nt resist myself and posted here ,bcz from here only my trading bagans,

and 4 nj he covred his long position in the morning @ 4240 , then shorted ,then dont know the exat price when he covrd, but now in longs from 4300

cheers
avijit
glad to know that even he did not feel mkt will go beyond 4240/50 initially, in early trades
 
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uasish

Guest
i must admit about nj :), who, i m sure, is still long since 4185, .. his ideas were good & his intention may be noble....
but his presentation / postings seem to indicate that he's superior to us or we r inferior to him..

my personal view...
It is not about inferior or superior,the way he mentioned about his astt. making the posting etc,was beyound Forum Rules,one can not impersonate for anyone's ID.
 
Re: Time to Stick my Neck Out ,Nifty 7300

dear saint,
earlier i read that you were looking for a good shorting point on the 5m's,did u initiate a trade?
thanks
In long using the 30/60min charts.........the intraday shorts that I waited and waited and waited for......never came.:)

Saint
 

Sunil

Well-Known Member
whipsaw of sorts on EOD charts...

closing near/above 4315 SPOT...
closing above 40D EMA
closing above 38.2% retracement level of 4250...

if it would have closed above 4355, it would have been a maha-whipsaw i have ever seen
 

Sunil

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

In long using the 30/60min charts.........the intraday shorts that I waited and waited and waited for......never came.:)

Saint
sir, that's what i was feeling most of the day... case of "sour grapes" for me early morning... but once above yesterday's HOD, i was only looking for longs near every previous HL
 
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uasish

Guest
Today at closing NTPC is (-) 4.20 % & Bharti (+) 4 %,hope we all know about the Weightage of this 2 stock in Nifty.
Only the traders in Bharti looked at yesterday's DOW & traders of NTPC did'nt had that oppurtunity.:confused:
 

kapil123

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

i feel the market would trade between 3988 a good support level and 4500 a resistance level.

i think this will be the market position for 3 to 6 months
I think traders here will make a few thousand points out of the wide range given. People here are bothered about today only.

Welcome to TJ, Darshan.

Cheers
Kapil
 

NJ:)

Active Member
It is not about inferior or superior,the way he mentioned about his astt. making the posting etc,was beyound Forum Rules,one can not impersonate for anyone's ID.
about inferior nd superior ...... these r just misconceptions.....i dnt hav ne such intention.....

sorry da if i broke ne rules...

wasnt my intention.....

wont happen again......


regards

nj
 
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