Nifty : Real time discussions...!

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It is very crazy for about 5 months or so range bound this type of move always kills the short term traders 5242 going to be the level for immediate down side to watch out for i am short to day with stop at 5350. I think we have to learn to trade at some small range the meaning full break down will come when Nifty breaks 5180 till that we have have to deal with very pain full range bound move positional trading surely would have given some good profit.
this market looks beautifully placed to go down..crash [can't say how much..don't have that level of knowledge]..look at the beautiful head and shoulder pattern..infact this with double shoulders..adding strength to the bearish formation...this is what i can see from my limited knowledge..
 
Some people have bad day in the market and litter negative comments in all posts. Everyone has a bad day, take it on the chin and move on.
When I started trading, I had double chins..


Now no chin left, taken too much on the chin, now shins going too :(
 
Wake up....!
FII control 35% of all positions in the derivative segment. Professionals track any one who has such a big hold over the market.

They are the sharks... and are at the top of the food chain.

How do u eat their money by breeding professionals...? :rofl::lol:
Here are the statement shows the FII activity for One year They are Net buyers 10 out of 12 months.
 
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linkon7

Well-Known Member
carry over trade for the day

Bot 5300 call at 55.00
sold 5400 call for 15.70

All i need is a difference of 60... and my tgt is complete...!:clap:
 

linkon7

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Something new from my side...!

PnF is the simplest way to represent data. Strength lies in identifying path of least resistance. from 5326 unto 5364, the path is a smooth single print. We might do that in the first 30 min itself if sgx is to be believed.

Key ref level will be 5390 and reaction at this lv will decide the fate of the market...!

5364 to 5390 expected congestion zone...!
 

linkon7

Well-Known Member
All i need is a difference of 60... and my tgt is complete...!:clap:
exited 5300 at 90...

5400 all at 27...

got myself a difference of 63

day over for me....!
 

linkon7

Well-Known Member
Great.... So you have managed to get long weekend.......
What should be approch for intraday in such gap up opening?
I love gap days.. always gives a lot of action. Plenty of money waiting on the sidelines waiting for a close above the 5350 mark to take long, exit short.

we wait for the first 1 hour... thats when most people with maximum stress of holding shorts will exit... already most bears have exited their positions or have taken precautions.

I will look for longs... but wont chase....! i want a decent retracement low for my entry.... !!
 
I love gap days.. always gives a lot of action. Plenty of money waiting on the sidelines waiting for a close above the 5350 mark to take long, exit short.

we wait for the first 1 hour... thats when most people with maximum stress of holding shorts will exit... already most bears have exited their positions or have taken precautions.

I will look for longs... but wont chase....! i want a decent retracement low for my entry.... !!
linkon bhai..you know what market is saying to you ?

"boss tussi great ho..tohfa kubul karo" :)
 
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