Nifty : Real time discussions...!

[sachin928111]

augbhai as in ur post of 1:58 u were short then in ur next post u said y it is falling and stop loss hit. wen you were short then nifty was falling in ur direction
then y stop loss

 

[augubhai]

augbhai as in ur post of 1:58 u were short then in ur next post u said y it is falling and stop loss hit. wen you were short then nifty was falling in ur direction
then y stop loss

I was actually long when Nifty started to fall. I had a Stop Loss (SAR) at 5678.5. So when Nifty started to fall, my Stop Loss was hit, and my long position converted to short. If I didn't have that Stop Loss in place, it would have been a big loss for me.

 

[sumeetsj]

Going long with a stop loss below 50 EMA of eod chart of Nifty spot seems to be a good idea,
shall try for a rate near todays close price
(the 50 EMA has acted as a support)
trade for August Expiry

 

[sumeetsj]

Options pain data suggests that expiry can b near 5600 strike of Nifty

 

[augubhai]

Will be out on some work in the morning. I will start entertaining you again by posting ,my trades when I am back by noon.

I will be trading my ORB system from my mobile phone when I am out.

Wish you all a profitable day!!

 

[sumeetsj]

Going long with a stop loss below 50 EMA of eod chart of Nifty spot seems to be a good idea,
shall try for a rate near todays close price
(the 50 EMA has acted as a support)
trade for August Expiry

Not initiating any trade as of now,
waiting for 5600 to cross and sit there for 10-15 mins

 

[linkon7]

post image wordpress

 

[linkon7]

Only trade today

Shorted 5700 call at 2.95

 

[vinodkiyer]

shorted Aug NF 5574

 

[augubhai]

Short @ 5541 SL @5551