Nifty trend

[option fan]

How much fund u have bcoz I feel u would need huge money to buy puts at every higher level
In this mkt people die not bcoz of less knowledge but bcoz of wrong anticipation correction hoga but not in a hurry two days ago FII bought 5500 crore and DII bought 874 crore what u think just to sell on monday or at 70-80 point up????
But my views always wrong

Thnaks PT sirji for quick reply.

no i am not in hurry... and its not decided that i will only short.. but i wanna know where it can be shorted

mera gold trade ye to short karna hi tha.... this is not like that... I am "trading for living kind of person.." so no hurry and waiting for VIEWs ! I bought just a very very small qty of puts than my regular trade qty as i felt "it may happen"

thanks again.

 

[timepass]

Q2 earnings are out, mostly. Diwali euphoria is over. So, what are the triggers left? Maybe something from Obama's visit (when is he leaving?). So, I feel that Nifty will face some exhaustion after 6350 and may see 100 odd points downside.. after that, I don't know.

Can't say about individual stocks, really. Bought Navneet on somebody's recommendation at 70, and left holding it

 

[praveen taneja]

Q2 earnings are out, mostly. Diwali euphoria is over. So, what are the triggers left? Maybe something from Obama's visit (when is he leaving?). So, I feel that Nifty will face some exhaustion after 6350 and may see 100 odd points downside.. after that, I don't know.

Can't say about individual stocks, really. Bought Navneet on somebody's recommendation at 70, and left holding it

On break of all time high huge positional short covering can take mkt to 6565 and then 6300 puts would be available like Batata wada at 5Rs so dont trade without an exit strategy entry to jab marji kar lo:thumb:

 

[Capricorn]

That was a long weekend...

Lets get our levels for today.

S @ 6310 , 6275 , 6250 , 6190 , 6160

R @ 6330 , 6385. Anywhere beyond that and we recalculate.

Have a nice day.

 

[timepass]

On break of all time high huge positional short covering can take mkt to 6565 and then 6300 puts would be available like Batata wada at 5Rs so dont trade without an exit strategy entry to jab marji kar lo:thumb:

This bogie of all time highs has been played out for nearly a month. But maybe you are right, maybe the momentum will push it up. SBI results will be out today - this alone can give a good push up / down to Nifty. But the banks have generally had a good time this year

 

[Capricorn]

Looks like both the b's and b's are still on vacation.

 

[Capricorn]

That was a long weekend...

Lets get our levels for today.

S @ 6310 , 6275 , 6250 , 6190 , 6160

R @ 6330 , 6385. Anywhere beyond that and we recalculate.

Have a nice day.

Thats where we bounced from....keep in mind for s/l

 

[Capricorn]

Choppy isn't it...

 

[sarath67]

Thats where we bounced from....keep in mind for s/l

Capri

pls elaborate. what should be s/l for either short or long

 

[Capricorn]

Capri

pls elaborate. what should be s/l for either short or long

Long positions bro. that too short term longs not intraday.