Nifty : Real time discussions...!

[casonite]

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

ST Bro, how to identify that break out has started and its not a false breakout..please guide !!

 

[linkon7]

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

knowledge bomb guys....!

new thing i learnt today... how to handle such scenario...!

 

[Smart_trade]

ST Bro, how to identify that break out has started and its not a false breakout..please guide !!

Keep an eye on the volumes....they reveal the inside story....if breakout is on large volume, it is likely to sustain....if not then it is a sucker play and a bull trap.....and if after the breakout market closes in the rage, get out fast....

Smart_trade

 

[casonite]

Keep an eye on the volumes....they reveal the inside story....if breakout is on large volume, it is likely to sustain....if not then it is a sucker play and a bull trap.....and if after the breakout market closes in the rage, get out fast....

Smart_trade

ok, went long...now resisting the urge to book profit..

 

[linkon7]

I am yet to long


entry trigger at 5553... placed as thats th bar that took out 5535 ref lvl

waiting for a re-test of 5535 mark to take long....

 

[ranger123]

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

My stop lose is rich. I buy the pair positon at 98.50

So loss today = 98.50 - 92.75 = 5.75 for 4 lots

So trading is close for today. I will take positon tomorow.

Thank you.

 

[linkon7]

tgt 5575 for this long.... for me...! sl 5550.05

 

[linkon7]

tgt 5575 for this long.... for me...! sl 5550.05

lost 4 points this trade...!
now waiting for reaction react 5535 mark...!

 

[casonite]

ok, went long...now resisting the urge to book profit..

couldn't do it...closed position at 5550..
it was the temptation that i could not resist...another reason that added fuel to the burning desire was that i did not really see a volume surge as ST bhai suggested.

 

[timepass]

Goodly volumes while going down too..