Nifty : Real time discussions...!

[trader.trends]

Long at 4971 SL at 4954

 

[jallanankit]

Long at 4971 SL at 4954

LONG in nifty call 4900 CE @ 166.. NF level 4971..

 

[trader.trends]

Long at 4971 SL at 4954

Exited 50% at 4986. Sl for balance at 4962

 

[jallanankit]

LONG in nifty call 4900 CE @ 166.. NF level 4971..

Exit at 172.5

 

[trader.trends]

Sl taken out.

 

[msa5678]

Sl taken out.

One of those days when SL gets hit on both the sides:annoyed::annoyed:

 

[trader.trends]

One of those days when SL gets hit on both the sides:annoyed::annoyed:

50% exits at some specified target (15pts for me) saves it from being a loss on the whole.

 

[jallanankit]

One very simple observation which gets u a bt of idea for the changing direction..

No. of buys and No.of sellers...

For the day, for the first time No. of buyers has increased than the no of sellers.. Should see some good up move.. DO track this for sometime before actually working on this..

 

[trader.trends]

One very simple observation which gets u a bt of idea for the changing direction..

No. of buys and No.of sellers...

For the day, for the first time No. of buyers has increased than the no of sellers.. Should see some good up move.. DO track this for sometime before actually working on this..

IMO, the easiest data to manipulate and is done often. Adding buyers/sellers at prices far away from LTP makes no one wiser. Current LTP at 4960, Adding substantial buys at 4860 distorts the picture.

 

[jallanankit]

IMO, the easiest data to manipulate and is done often. Adding buyers/sellers at prices far away from LTP makes no one wiser. Current LTP at 4960, Adding substantial buys at 4860 distorts the picture.

Very true...

The last line which i wrote was for this reason only.. Understanding buyers and sellers nos is a great practice.. and sudden increase or sudden decrease is manipulation but constant adn steady increase or decrease is market action..