Nifty Futures Trading

[coolboy007]

This ragging by Mkt is normaly beneficial in the Long Run.
Price always traverse in Wave form,few days up few days down,that is why it is unpredictable,that is why harmfull to trade with PRE-CONCEIVED NOTION,rather Going with the Flow is best.

Ashishda ,

Thanks for your comforting message. Yeah , i learnt a very good and decent message frm mkts to remove any Pre conceived notions , i will remember this for a very long time. Atleast my RIL PA hasnt died down , RIL underperformed the mkts today. If i make profits in this trade , i will be happy because i used my mind and little chartical knowledge to do this trade.

I was goin like herds , where people said i went there. We will see new lows in Dec or Jan is all guess work. Noone is sure of that.
Hope mkts dont teach me more and more lessons like these.

 

[Sunil]

http://www.traderji.com/futures/255...coupled-2-3-day-swing-calls-5.html#post262041

Key levels as per 5min chart:

Resis: 3052 / 3072 / 3086 for 3100 & 3113

Support: 3007 / 2978 / 2948 / 2932

 

[ag_fx]

http://www.traderji.com/futures/255...coupled-2-3-day-swing-calls-5.html#post262041

Key levels as per 5min chart:

Resis: 3052 / 3072 / 3086 for 3100 & 3113

Support: 3007 / 2978 / 2948 / 2932

Is 3007 a RSR level? It has acted as a resistance so far for the day on Spot 1 min chart.

 

[learn2trade08]

a probable inv h&s on 5 mins...vols following the price action...lets hope for the best
::

 

[knarendra]

nifty under selling pr.

 

[Sunil]

Today, trading-wise, 2008 will end & from Friday, we will be trading 2009 F&O series...
Expiry demands the best of patience, as it is supposed to be a big fight between put-writers & call-writers - they both want their option to expire worthless....

On this day just before Christmas and as a farewell to 2008 series, I thought of playing a voting game with all of you.
The next posts will be by a temporary ID, and it will have different possibilities of today's SPOT closing (some well-defined rang, some loosely broad-based range).
I want you to vote for any ONE of the possible SPOT CLOSING, which you FEEL/GUESSTIMATE will happen.
You have to cast your vote, by clicking on "Thanks" button below that post...
(Don't worry - it will not be for my ID, but a temporary self-explanatory ID)


Here's the all-important trading tool which we all dearly refer & follow - CHART.

you may read my views on the chart here

 

[need_ur_opinion]

NIFTY SPOT will close below 2900 today

 

[need_ur_opinion]

NIFTY SPOT will close BELOW 2920...
I am not sure or bothered whether it closed below 2900 or not.

but most-likely BETWEEN 2900 & 2920

 

[need_ur_opinion]

NIFTY SPOT will close between 2920 & 2950.

 

[need_ur_opinion]

NIFTY SPOT will CLOSE between 2950 & 3000.