Nifty Intraday Pivot Points

[Prabhan]

Re: Nifty Intraday Pivot Points for 17th September 2009

Re-Post

'JAI BABA'​

NiftyFuture Intraday Pivot Points for 17th Sep 2009

[SIZE="3"][B]NF CLOSE	4961.85

PIVOT	4937.00

R1	4947.00	S1	4920.00
R2	4957.00	S2	4902.00
R3	4975.00	S3	4892.00
R4	4992.00	S4	4882.00
R5	5002.00	S5	0000.00
R6	5012.00	S6	0000.00[/B][/SIZE]

Happy & Safe Trading

SavantGarde

Sirji,
Where do you see nifty by sept expiry?? Is it going to touch new highs like 5100-5200 (as all global mkts are booming and no negative news is cuming). or do we see some correction from the tomorrow's highs like 4600-4700??
If downmove, then by how much or if upmove then how much?
As per my understanding says, tht Nifty may b in overbought position and may give some correction. but thinking without any negative news, nifty gng for correction is simply not possible.
Trading is off on Monday - will make any impact on mkt on thurs/fri??

Looking forward for your views...

 

[Prabhan]

Hello all,

I have SOld the 4700CE yesterday at 244.05... buying price was 203:thumb:

Finally tasted some success in Options....

Thanks

Yet to taste it.....

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 17th September 2009

Hi Prabhan,

It Doesn't Serve Any Purpose For Me To Look At Nifty On A Day To Day Basis...

I Have Mentioned This Before That I Am A Positional Trader...Whatever Looking Into The Market Is Done Is Purely Because Of My Own Trades...

Also, Remember Market Will Rarely Reward The Consensus....& Can Remain In Overbought Or Oversold Zone Longer Than We Can Remain Solvent If On The Wrong Side Of The Trade.

Happy & Safer Trading

SavantGarde

Sirji,
Where do you see nifty by sept expiry?? Is it going to touch new highs like 5100-5200 (as all global mkts are booming and no negative news is cuming). or do we see some correction from the tomorrow's highs like 4600-4700??
If downmove, then by how much or if upmove then how much?
As per my understanding says, tht Nifty may b in overbought position and may give some correction. but thinking without any negative news, nifty gng for correction is simply not possible.
Trading is off on Monday - will make any impact on mkt on thurs/fri??

Looking forward for your views...

 

[mogembo]

Savantji, Anything that can be done to recover the losses of my PUTS of 4800 ??

 

[SavantGarde]

Hi Mogembo,

If You Have The Necessary Funds Write A Higher CALL Preeferably 5100 Or 5200, Just Check On The Premiums First...Remember Writing CALLs Or PUTs Requires You To Have Same Amount Of Money As Nifty Future Margin.

Happy & Safer Trading

SavantGarde

Savantji, Anything that can be done to recover the losses of my PUTS of 4800 ??

 

[aabhi06]

SAVANT Sir,
Good morning,
Sir,
Now @ 10.30 stil RKG F&O margin report not UPDATED.
So i cant send you FRESH margin report .
Thanks.

 

[rithikesh]

As much as I understand, Writing a CALL is akin to Buying a PUT.
So, why write a CALL (more risk) and not buy a PUT (limited risk).

Is there something more to it that I did not understand?

Hi Mogembo,

If You Have The Necessary Funds Write A Higher CALL Preeferably 5100 Or 5200, Just Check On The Premiums First...Remember Writing CALLs Or PUTs Requires You To Have Same Amount Of Money As Nifty Future Margin.

Happy & Safer Trading

SavantGarde

 

[SavantGarde]

Hi Ritesh,

Amount You Understand Is Not Enough.....

As Practical Observation, Do One Thing Keep The Same Strike Price CALL & PUT After The 15th To Observe Which Decays Faster....& If Writing Is Better Than BUYing The PUT.

Happy & Safer Trading

SavantGarde

As much as I understand, Writing a CALL is akin to Buying a PUT.
So, why write a CALL (more risk) and not buy a PUT (limited risk).

Is there something more to it that I did not understand?

 

[aabhi06]

Savant sir,

nifty future* on fire ***5000.00 +++

 

[SavantGarde]

Call The Fire Brigade.....

Savant sir,

nifty future* on fire ***5000.00 +++