Nifty Futures Trading

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Thanks

Satya

Always a pleasure buddy!

 

[Cactus]

Re: Time to Stick my Neck Out ,Nifty 7300

Long again at 4615

 

[adilsaleem]

Re: Time to Stick my Neck Out ,Nifty 7300

should i buy , should i wait ...... should i buy , should i wait .... should i buy , should i wait ..... Well not losing is earning for me .... will wait but 4620-4650 ... good level to watch. any indication on the 5 min. chart will go long

 

[nareshch]

Re: Time to Stick my Neck Out ,Nifty 7300

For short, first 5-minute's high is stop and for long first 5-minute's low is stop. Trade must be reversed when the SL is hit as it would mean a pivotal breakout/breakdown.

Doesnt the 5 min breakout give too many whipsaws ?

Naresh

 

[krjain123]

Re: Time to Stick my Neck Out ,Nifty 7300

Friends - Observed 5mins Upreversal bar in Spot Nifty 12:45 bar and also in Reliance 12:45 bar (with volume) - Let us be cautious in case of shorts. Regards Kapil

 

[Cactus]

Re: Time to Stick my Neck Out ,Nifty 7300

Sold at 4635

Long again at 4615

 

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

to saint, acatrader,

what i learnt from both of you that, if the first 60 min is up then one should buy on decline rather than short, please correct me if i am wrong. now the question is at which level should i buy, is it near the days low or i will wait for a break of days low (like fading),

thanks in advance,

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Long again at 4615

When it went there!!

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Doesnt the 5 min breakout give too many whipsaws ?

Naresh

Yes it does. Hence, we apply it only on a special day,i.e., Gap Day when the whipsaws are very little. Otherwise I do not trade ORB.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Initiated a Long @ 4642.35 with SL = 4629.95