The Nifty Trading Lounge

[Taurus1]

IamhousefullNiftyandBankniftyputsfromyesterday

Position closed at 8180 yesterday. To be opened again tomorrow morning.

Nifty high on 15th May, +/-1

The high will be in before 11AM.

India Inc renews rate cut demand as inflation touches new low
http://www.deccanherald.com/content/477516/india-inc-renews-rate-cut.html
A lot of speculation about whether a rate cut will be given........ I think it will come.

The previous rate cut was used as a selling opportunity.by big money....... the banknifty opened some 500pts up and was hammered down.

Quite possible they will do it again.

 

[Taurus1]

The high will be in before 11AM.

My position is in..... if the 9:25 high is exceeded by 10pts, I am out.

 

[Taurus1]

All markets, the Asian, European and US will see xtreme volatility next week.

Take no prisoners............

At about 7Pm, the SPX was up some 1.5%, at new highs.......

.... 2 hrs later and it is -0.1% and Europe starting to go deep red.

Looks like my forecast is holding so far.

New forecast for the Nifty bottom will be made over the weekend.......

 

[thundercloud0077]

Nice forecast. How much down NS will be by May expiry.

 

[Serious_Trader]

At about 7Pm, the SPX was up some 1.5%, at new highs.......

.... 2 hrs later and it is -0.1% and Europe starting to go deep red.

Looks like my forecast is holding so far.

New forecast for the Nifty bottom will be made over the weekend.......

Block bluster thread for various image.......hope your trading style is not like your posting style.....:lol:

 

[Taurus1]

My position is in..... if the 9:25 high is exceeded by 10pts, I am out.

At yesterdays gapup open, I got stopped out.
Today. I was hoping to buy puts at 8400 ............ but it looks like there won't be any chance as the Sgx is -30 already

I'll take the same short position but the stop becomes bigger.

Odds of US Federal Reserve tightening monetary policy have increased: Christopher Wood, CLSA
http://economictimes.indiatimes.com...hristopher-wood-clsa/articleshow/47329292.cms
There is no tightening, in fact it is just the opposite. The Spx is some how hanging on but without the Fed backing there is zero chance.

I've made the new forecasts after adding in 1 more inversion but there is no use of posting it if my current volatility forecast does not work.

Sbi acceleration zone from today

 

[Taurus1]

If it reaches 8420, I will exit my puts and buy calls. Big money is trying to rig it.... the premium has gone from -3 to +10 :rofl:

 

[thundercloud0077]

If it reaches 8420, I will exit my puts and buy calls. Big money is trying to rig it.... the premium has gone from -3 to +10 :rofl:

NF has already reached 8424, but unable to sustain there.

 

[timepass]

Taurus, you were full of BNF puts, what's your position on BNF ??

 

[Taurus1]

Taurus, you were full of BNF puts, what's your position on BNF ??

TP, that was the previous short. This time I had only Nifty puts, got out at 8420. :annoyed:
Lessons in excellence...........
Gap it down and kick out the bbuuullllsss......:clap:
rig it up and kick out the bears..........:clap:

Then hammer it down to your heart's content. :rofl: :rofl: