Nifty : Real time discussions...!

[ranger123]

Time now : 12:24

PE 5500 = 34.30
CE 5500 = 58.15

I has place the positon as below:

4 lots Sell PE 5500 = 34.3
4 lots Sell CE 5500 = 58.15

Now I has pair sell positon of 4 lots Sell CE 5500 and 4 lots Sell PE 5500 for avarage price = 92.45

Thank you.

 

[Smart_trade]

5 min NF chart getting horrizontal.....no more buying till high of the day is crossed.....for going short need good volumes on downside which are not forthcoming....had one long trade in the morning and got out....now SOH

Smart_trade

 

[timepass]

12:29

NF June - 30 min chart.. check the pattern on stochastics, does it have any significance?

 

[linkon7]

Notice a pattern that comes very frequently...!

Durring the run away phase of the market... most traders dont get a decent pull back and start shorting the market as they think RR is better. They get jacked....!

Then when the running stops... they get entry on the long side as pull backs start happening....! This time they expect momentum continuation and again get jacked....!

Somewhere down the line, they blame the system that gave them the entry and start tweaking them with the hope of never to fall for the same trap again. The point is, market is all about traders making trading decisions. We simply refuse to believe that trading has very little to do with the charts. We remain primary food for the big sharks....!

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first pull back... hit sl...

second one giving pain to most late riders of the rally...!

 

[ranger123]

Time now : 12:24

PE 5500 = 34.30
CE 5500 = 58.15

I has place the positon as below:

4 lots Sell PE 5500 = 34.3
4 lots Sell CE 5500 = 58.15

Now I has pair sell positon of 4 lots Sell CE 5500 and 4 lots Sell PE 5500 for avarage price = 92.45

Thank you.

For my poston the target price for today closing time is Rs. 81 - 83 (target 1) and 77 - 80 (target 2). If the Nifty index is remain in the range of 5500 ant 5540 then I can get the target 2 also. Let us all see.

Thank you.

 

[stock72]

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first pull back... hit sl...

second one giving pain to most late riders of the rally...!

how to say they are late riders of rally .. if say for example the rally continues upto 6200...

 

[linkon7]

5 min NF chart getting horrizontal.....no more buying till high of the day is crossed.....for going short need good volumes on downside which are not forthcoming....had one long trade in the morning and got out....now SOH

Smart_trade

This is exactly why flow traders SOH (Sit on Hand)...!

Many fail to see the brilliance of the successful traders when they just sit idle...!

Not being in a trade is also a trade.... this is a new thing i learnt this month and has saved me a lot of heart aches....!

 

[linkon7]

how to say they are late riders of rally .. if say for example the rally continues upto 6200...

It doesnt matter if the rally runs to 7500... What matters is the risk per trade...

what matters is that long trades will hit sl if it is kept too tight. If sl is kept too wide, the RR goes wack...!

 

[Smart_trade]

30 min NF chart showing a small sideways action in the form of a bull flag...there is a huge bullish bar in the background......upmove may start anytime but will go long after it starts....

ST

 

[ranger123]

Time now : 12:24

PE 5500 = 34.30
CE 5500 = 58.15

I has place the positon as below:

4 lots Sell PE 5500 = 34.3
4 lots Sell CE 5500 = 58.15

Now I has pair sell positon of 4 lots Sell CE 5500 and 4 lots Sell PE 5500 for avarage price = 92.45

Thank you.

Time now : 12:45

PE 5500 = 30.00
CE 5500 = 64.75

I has place the positon as below:

4 lots Sell PE 5500 = 34.3
4 lots Sell CE 5500 = 58.15

Now I has pair sell positon of 4 lots Sell CE 5500 and 4 lots Sell PE 5500 for avarage price = 92.45. NOW PRICE = 94.75

Profit / loss = - 2.3 for 4 lots

Stop lose for this pair is Rs. 98.45 (Rs. 6 for 4 lots)

Thank you