Nifty Futures Trading

[Sunil]

spot / fut both stop at y'day's noon highs...

 

[Sunil]

congrats arnav...
y'day's gap closed
kissed 2755 fut

 

[Sunil]

yesterday SPOT had a day high of 2792, as per charts....

will be surprised if that is taken out

 

[arnav_rulz]

congrats arnav...
y'day's gap closed
kissed 2755 fut

Yes, thanks Sunil.. I guess only 1 gap left now... Near 2850 region on 9th-10th Jan..

Also Congrats to you... nifty spot having trouble crossing 2792 for now.
For me 2800-2805 spot is also a key level i watch out.

Spot Respecting round figure key levels these days..

 

[Sunil]

Yes, thanks Sunil.. I guess only 1 gap left now... Near 2850 region on 9th-10th Jan..

Also Congrats to you... nifty spot having trouble crossing 2792 for now.
For me 2800-2805 spot is also a key level i watch out.

Spot Respecting round figure key levels these days..

yup 2838-2850
but that's an intraday gap (and not EOD gap)...
EOD gaps have high magnet power than intraday gap...

BTW, arnav, i would really like to know about your nifty views for next week...
Don't u feel we should not see 28xx or 285x SPOT levels again...
this table-tennis of 2850 - 2700 - 2850 again was expected by me only once...
today, if i see 28xx again for more than 15 minutes, then I would be thoroughly confused....

 

[arnav_rulz]

Well i am also very confused for now... thus yesterday i squared off all more positions... Will wait for a clear cut move now. Just doing intraday for now.


Well crossing 2800 looks pretty tough to me and especially to go past 2850 as you have mentioned.. But at the same time breaking down 2600 also looks quiet tough.

I was actually short 2900 calls and 2600 puts from quiet a few days but the premium has reduced drastically so i squared off yesterday.. Don't feel like taking ant position for now..

 

[arnav_rulz]

Lets see if this works out again.. Shorting @ 2775 with 2805.05 spot as stop.

 

[arnav_rulz]

yup 2838-2850
but that's an intraday gap (and not EOD gap)...
EOD gaps have high magnet power than intraday gap...

BTW, arnav, i would really like to know about your nifty views for next week...
Don't u feel we should not see 28xx or 285x SPOT levels again...
this table-tennis of 2850 - 2700 - 2850 again was expected by me only once...
today, if i see 28xx again for more than 15 minutes, then I would be thoroughly confused....

I replied on the previous page !!

Well i am also very confused for now... thus yesterday i squared off all more positions... Will wait for a clear cut move now. Just doing intraday for now.


Well crossing 2800 looks pretty tough to me and especially to go past 2850 as you have mentioned.. But at the same time breaking down 2600 also looks quiet tough.

I was actually short 2900 calls and 2600 puts from quiet a few days but the premium has reduced drastically so i squared off yesterday.. Don't feel like taking ant position for now..

 

[arnav_rulz]

Lets see if this works out again.. Shorting @ 2775 with 2805.05 spot as stop.

Covered 50% @ 2763


Ohk, Shorted the 50% again @ 2777 with same stop.

 

[Sunil]

OOPS...
sorry arnav... that post got reloaded by my browser again... i guess...

thank u for joining me in the fight against 2800