Trading Nifty with Camarilla Pivots...!

[linkon7]

holding rest wt 5247 as SL...!

 

[linkon7]

it did bounce back from 5231... 38% retracement...!

 

[linkon7]

exited the 5200 put at cost...104
holding 5000-4900 put spread for tomorrow...
will exit NF eod...!

 

[mohhnow]

are you carrying NF short or squaring off ?

 

[linkon7]

Sl hit in NF at 5240.10

carrying only the 5000 put and 4900 put spread...
cost was 19 points, present price diff is 16, a loss of 3 points...!

 

[mohhnow]

ok, i carry 5238 short. Was a narrow listless day. Good to be here with you. Thanks plenty.
Will check what you post when i log in later.
Bye Lincon.

 

[linkon7]

ok, i carry 5238 short. Was a narrow listless day. Good to be here with you. Thanks plenty.
Will check what you post when i log in later.
Bye Lincon.

Very dangerous thing to do.... carrying shorts..that too without protection..!
we never tested the LOD
we broke the HOD 3 times...
we are closing at 3 points from the top....
Average trading price was 5231...and close is well above that...

 

[mohhnow]

oh, ok, got it. Will try to get out if happens to move wrong direction tomorrow.
And, can reenter after assessing.
Thanks for pointing out.
Take care. Bye.

ps: also the whisper in funda market is a likely crash after 5250 or 5350, if it is a consolation.

 

[veekay304]

market is not picking a direction... i am just scalping what ever i get...

range is just 12-10 points in the past 2 hrs...

what system do you follow for scalping..?? I've seen you post in one of the thread on scalping...?

Can you please elaborate..

VK

 

[linkon7]

When you have all the technical analyst saying to buy NF... be careful...! market always proves consensus wrong....!

3:27 PM - Hold Nifty longs with a target of 5280 and stop loss of 5190, says Vijay Bhambwani, technical analyst, on CNBC TV18, as closing market strategy.

2:06 PM - In an F&O call, buy Nifty January futures with a target of 5280 and stop loss of 5190, says Rhit Shinde, technical analyst, on CNBC Awaaz.

2:00 PM - In an F&O call, buy Nifty January futures with a target of 5265-5325 and stop loss of 5185, says Hitesh Seth, technical analyst, on CNBC Awaaz.

1:55 PM - In an F&O call, buy Nifty January futures with a target of 5290 and stop loss of 5180, says Neera Jain, technical analyst, on CNBC Awaaz.

1:50 PM - In an F&O call, buy Nifty January futures with a target of 5400 and stop loss of 5150, says Sudarshan Sukhani, technical analyst, on CNBC Awaaz.

1:44 PM - In an F&O call, buy Nifty January futures with a target of 5400 and stop loss of 5160, says Somil Mehta, technical analyst, on CNBC Awaaz.

1:42 PM - In an F&O call, buy Nifty January futures with a target of 5350 and stop loss of 5195, says Mitesh Thacker, technical analyst, on CNBC Awaaz.