Swing Trading for Nifty Futures

[kthakker0]

29/1/2012 Sunday

Hi all,

Read my thread of 27/1/2012 about 5156 level as it is an important and a difficult level to breach thru for the NF as of now.

The prudent idea would be for all short sellers is to cover their short position when NF reaches 5156 or below.

Short NF or buy Puts again only when NF closes below 5156.

This close below 5156 will signal that real profit booking has taken place and that the next target will be 5080

Cover all your short position at 5080 level. As I strongly suspect that an up trend could emerge from here which should reverse the entire fall.

I hope you are still enjoying or have enjoyed the most of your weekend.

Happy Trading for Monday

 

[biggles]

thanks dude,

 

[kthakker0]

30/1/2012 Monday

Hi all,

As forecasted 1 out of 2 possibility for 5156 has happened, 5156, the key level has been taken out today.

Now the only confirmation that remains for shorts to pile up is, weather today's close is below 5156 or not.

Happy Trading.

 

[Aditya.ambasta]

30/1/2012 Monday

Hi all,

As forecasted 1 out of 2 possibility for 5156 has happened, 5156, the key level has been taken out today.

Now the only confirmation that remains for shorts to pile up is, weather today's close is below 5156 or not.

Happy Trading.

Friend hv u any open position.

 

[Aditya.ambasta]

kthakker0

please tell me wt r u thinking about short or long. or hv open position.
i hv still open my position of put and i hv taken t8 @ 5197.

 

[manoharpillai]

Weekly Pivot... R-1 5274 R-2 5343 PIVOT- 5147 S1-5078 S2-4951

watch out 5147 if spot nifty trade below this may test S1-5078 and S2-4951 For shorts keep Intra day SL at 5220 (Friday's High)

SPOT low 5077.....

 

[timepass]

Manoharbhai you are supposed to rest for a week

 

[kthakker0]

30/1/2012 Monday

Hi all,

As said Indian stock market is unpredictable and is truly evident from today's range.

Today NF breached 5156 easily and not only closed below it but is also near our next target of 5080

Going by today's fall, if NF closes below 5080 tomorrow then the next target is between 5022 - 4983 Or

NF could be subdued tomorrow with 5156-5166 as a major resistance with low @ or below 5080

Guys, you have enjoyed your weekend and have also enjoyed today's downfall, with so much prediction, forecasts, experience etc about the market with us are we prepared for tomorrow's action?

Well the market and it's participants know's "Who's the Boss"


Happy Trading

 

[EagleOne]

30/1/2012 Monday

Hi all,

As said Indian stock market is unpredictable and is truly evident from today's range.

...

Well the market and it's participants know's "Who's the Boss"


Happy Trading

Unpredictable? How come? I have no idea, bro, how you are reading the charts. But you must have noticed that for last 4 weeks Nifty's been running nonstop. Retracements, gap-filing, corrections are part of the game, and were due anyday after the expiry. To me Nifty is behaving perfectly all right, almost like a clock!

 

[kthakker0]

Unpredictable? How come? I have no idea, bro, how you are reading the charts. But you must have noticed that for last 4 weeks Nifty's been running nonstop. Retracements, gap-filing, corrections are part of the game, and were due anyday after the expiry. To me Nifty is behaving perfectly all right, almost like a clock!

Hey Eagle One,

From your thread it seems that you know Nifty inside-out, just like knowing the back of your hand, and if it's true then you should use this platform to let us know what will be Nifty's Daily Perfect Range, you should also include your long range (weekly) sensors to let us know where Perfect Nifty will be during this week and or next week, so that we all are better prepared and we all will earn as much as we can from your Daily Perfect Nifty and make a fortune like you.

I strongly suggest you start a new thread from today, give it a name like "Daily Perfect Nifty" and if you have already started one, give us the direction to visit it every day.

Everyone knows that I am still learning how Indian stock market performs, and from your thread its certain that there are still many things that I have to learn, to know about this Perfect Nifty.

I can say without hesitation that "Perfect Nifty" kay sam-nay stock futures trade kar-nay walay saab bee-na malai key chai hai.

I request all who visits my thread to thank "Eagle One" for his unparalleled knowledge, because (I presume that) from today on-wards he will tell us the Daily Range of his Perfect Nifty and this will be before the market starts and not after market ends.

I hope "Eagle One" will share his knowledge of "Perfect Nifty" with all of us, like the way he has told me that Nifty is not unpredictable (as I thought) but it's totally predictable (Eagle One I failed to notice the last 4 weeks non-stop rally of Nifty because I don't use charts)

I have many things to learn from you "Eagle One" and I thank you for helping me to over come my short coming in regards to Nifty.

Guys, from tomorrow we will only trade Perfect Nifty as the direction will be given Eagle One, every trade we enter will reward us 100% and we will not use the stupid stop-loss method which the world is using.

I forgot to add that as per your foot note "We will Boldly trade as per your Perfect Nifty like no one has traded before (But surely the trading will not be done Blindly)

Happy Trading by / from Eagle One.