Swing Trading for Nifty Futures

[kthakker0]

21/03/2012 Wednesday

Hi all,

Wow! what a turning day for bulls to profit and what a bad day for short sellers specially for those who had to bear a loss.

NF blew my high cap of 5391-5371 as LTP is 5404

Our Monday's assumption of a rally did came true and so will our target of 5510 also come true in the coming day's



Bye

 

[timepass]

21/03/2012 Wednesday

Hi all,

Wow! what a turning day for bulls to profit and what a bad day for short sellers specially for those who had to bear a loss.

NF blew my high cap of 5391-5371 as LTP is 5404

Our Monday's assumption of a rally did came true and so will our target of 5510 also come true in the coming day's



Bye

You mean as long as 5313 holds, the next tgt is 5510 ??

 

[kthakker0]

You mean as long as 5313 holds, the next tgt is 5510 ??

Yes

Bye

 

[kthakker0]

22/03/2012 Thursday

Hi all,

Yesterday's CP is the focal point for today 5395 with 5391 as a support

Higher levels to reach are 5411, 5430, 5450 and 5469

Lower levels are 5391, 5372, 5352-5358, 5333 and 5313

Although the trend is up volatility cannot be ruled out.

Bye

 

[kthakker0]

22/03/2012 Thursday

Hi all,

The CAG report + unsupportive Global cues killed the rally, it seems likely that the CAG report might have been leaked to a few big shots yesterday because yesterday's OP was lower then the day before which indicated some things were indeed not right, but that signal disappeared in the rally.

Today again we got the same signal when today's OP was lower then yesterday's CP but this time the message was loud and clear as it was in public domain.

But it seems that the bear killing was made yesterday and today was the day to enjoy the slid at the cost of bulls.

My 5391-5395 level stopped me from taking long position. I sold at 5390 and enjoyed the fall while keeping a tight stop loss for any surprised reversal, which made me cover at 5340 (my level 5333) I again sold when NF traded below 5352 (also one of my level) while again keeping a tight stop loss for any surprise reversal, which did not happen there after. NF breaching 5313 confirmed that the rally was badly wounded if not killed but by the time NF breached my 5235 target level, the rally was already dead.

I can only say one thing, "LEVELS" work in each n every condition

Tomorrow will be the day of erasing the truth from public's mind and we will read many lies been told by the Congress to save it self from yet another disgrace.

It seems that the list of graft cases are getting bigger n bigger (in Scope, Depth and Financial) with each n every passing day and this CoalGate leaked report drama has really char coaled the face of Congress beyond recognition.


Bye

 

[kthakker0]

23/03/2012 Friday

Hi all,

Both Bulls and Bears will be licking their wounds today, but market will perform as usual, market does not care who is dead and who is a new comer, levels will play their role as they were, are and will play in future.

We are lucky again to trade with our most noticeable levels 5313 - 5235

I am long for level of 5313 and if NF trades above it then 5333

5235 is my stop loss long

Bye

 

[seetharamank]

23/03/2012 Friday

Hi all,

Both Bulls and Bears will be licking their wounds today, but market will perform as usual, market does not care who is dead and who is a new comer, levels will play their role as they were, are and will play in future.

We are lucky again to trade with our most noticeable levels 5313 - 5235

I am long for level of 5313 and if NF trades above it then 5333

5235 is my stop loss long

Bye[/QUOTE very good levels sir thanks

 

[kthakker0]

23/03/2012 Friday

Hi all,

Target achieved and trade squared off at 5315

"Trend is Friend" is a valid statement till you know the Levels.

Bye

 

[rkgoyal_98]

23/03/2012 Friday

Hi all,

Target achieved and trade squared off at 5315

"Trend is Friend" is a valid statement till you know the Levels.

Bye

After the first post there was a low made between 12 to 12.30 Candle at 5232.20 wich was below Stoploss posted as 5235.
Are u applying some filter ???
Regards

 

[kthakker0]

After the first post there was a low made between 12 to 12.30 Candle at 5232.20 wich was below Stoploss posted as 5235.
Are u applying some filter ???
Regards

Hi,

As said I always follow the levels.

I squared of my initial trade at 5265 level as 5274 is also one of the intraday level

I waited for the right time to re-enter again at lower levels, which I got at 5236 and this trade reached my 5313 level which I squared off at 5315

My other level above 5313 is 5333 which is not breached.

I sold at 5325 level and covered at 5300

Bye