Nifty : Real time discussions...!

[PGDIMES]

I was just thinking . What might have happened to guys who happened to short NIFTY today morning around 5000, expecting more downfall. Volatility can't be more than this.

@ msa,

I shorted @ 5002... but kept my stop-loss @ 5010... that was HOD at that time... :lol:

aab to shootout at Lokhandwala chaloo ho gaya hai... my 5200 PE @ 180 got butchered... took refuge @ 152.XX... bought 5000PE @ 95... ran upto 110.XX.... out for now...

acidity ho gaya hai... :lol:

 

[msa5678]

@ msa,

I shorted @ 5002... but kept my stop-loss @ 5010... that was HOD at that time... :lol:

Very horrible day....Such Volatility I am seeing for the first time.

 

[casonite]

shorted Nifty at 5170 . Just covered at 5090.

 

[PGDIMES]

Very horrible day....Such Volatility I am seeing for the first time.

saw a trailer during October expiry last year... similar movie was there after 26/11...

 

[trader.trends]

200+ from bottom, -100+ from the top

 

[del_66]

wat a volatile day..

 

[msa5678]

shorted Nifty at 5170 . Just covered at 5090.

You really picked the top and bottom of the move precisely...How did you do it.

 

[casonite]

You really picked the top and bottom of the move precisely...How did you do it.

It was pure luck i guess. Honestly i was loosing for last few weeks so i was very scared of going long or taking any position early on. I missed the bus due to my fear when i was thinking of going long on nifty at 5115. I had 5156 as target for short but my previous experience tells that for such volatile and forceful move in nifty 3% or .3% for nifty, move should be taken into account so i added 15 points and placed my short at 5170 which was taken. I literally had to hold my hands so that i do not cover my position but finally at 5090 i just could not wait. My target was 5080 but covered at 5090. One of the reasons i even though of shorting was because i was thinking how would big player/FIIs play this market. I have seen these guys really push the market up when every one is thinking of shorting the market and once retail starts buying they just sell. It was pure luck that it actually turned out to be that way i thought. Every once in several years my luck comes around to say Hi.

While it turned out to be a profitable trade after so many loosing days, however it really tested my mental level. Its just way too demanding mentally to be able to trade. I was sweating and fingers were trembling when Nifty was making a move in my favour. I don't know why.

 

[msa5678]

It was pure luck i guess. Honestly i was loosing for last few weeks so i was very scared of going long or taking any position early on. I missed the bus due to my fear when i was thinking of going long on nifty at 5115. I had 5156 as target for short but my previous experience tells that for such volatile and forceful move in nifty 3% or .3% for nifty, move should be taken into account so i added 15 points and placed my short at 5170 which was taken. I literally had to hold my hands so that i do not cover my position but finally at 5090 i just could not wait. My target was 5080 but covered at 5090. One of the reasons i even though of shorting was because i was thinking how would big player/FIIs play this market. I have seen these guys really push the market up when every one is thinking of shorting the market and once retail starts buying they just sell. It was pure luck that it actually turned out to be that way i thought. Every once in several years my luck comes around to say Hi.

While it turned out to be a profitable trade after so many loosing days, however it really tested my mental level. Its just way too demanding mentally to be able to trade. I was sweating and fingers were trembling when Nifty was making a move in my favour. I don't know why.

Something fishy going on in the market, I was watching the terminal around 5140 , I turned my head sideways, and when I turned back the level was 5100...Really volatile.

 

[vijayakishorebabu]

It was pure luck i guess. Honestly i was loosing for last few weeks so i was very scared of going long or taking any position early on. I missed the bus due to my fear when i was thinking of going long on nifty at 5115. I had 5156 as target for short but my previous experience tells that for such volatile and forceful move in nifty 3% or .3% for nifty, move should be taken into account so i added 15 points and placed my short at 5170 which was taken. I literally had to hold my hands so that i do not cover my position but finally at 5090 i just could not wait. My target was 5080 but covered at 5090. One of the reasons i even though of shorting was because i was thinking how would big player/FIIs play this market. I have seen these guys really push the market up when every one is thinking of shorting the market and once retail starts buying they just sell. It was pure luck that it actually turned out to be that way i thought. Every once in several years my luck comes around to say Hi.

While it turned out to be a profitable trade after so many loosing days, however it really tested my mental level. Its just way too demanding mentally to be able to trade. I was sweating and fingers were trembling when Nifty was making a move in my favour. I don't know why.

honest reply.