Positional nifty trading

[coolharsh20]

Initiate fresh short @5135 stoploss 5150 target 5120

 

[coolharsh20]

target acheived....

:clap:

Risky trader can look for long opportunity.....
long near 5114 sl 5007.....

 

[coolharsh20]

long above 5150
sell below 5100

 

[coolharsh20]

Long above 5214. Short below 5178. Be cautious today. :thumb:Best of luck.... Trend downside......

 

[coolharsh20]

Stop loss for risky traders 5202
For risk averse. 5186

 

[coolharsh20]

If stop loss do not triggers then hold till 3.15.....let's see....

 

[trader_boy]

If stop loss do not triggers then hold till 3.15.....let's see....

thanks for the levels ..pls confirm the levels are for spot or future ?

 

[coolharsh20]

I always give the level for spot.... in case of any other doubt do clearify....:thumb: By the way hows the target going on...???


And one more thing.... if u have booked profit on either of side. then u can take opposite position ...

Example... today's level was 5178 for short n u did n booked at 5160 or so.. then again.... 5178 came.... go long now...

keep in mind about consolidation on charts for 10 15 min...... from there it reached to 5214 n then to 5244....

Do clearify it if u need.....

Happy trading.... It's an art to trade..... :clapping:



N today's target acheived successfully

 

[coolharsh20]

FUNDAMENTAL VIEW:

50 basis point CRR cut is just crap. Due to this RBI wanted to increase liquidity but on the other hand as on today's data..... Standing LAF (liquidity adjustment facility ) stands at 8539 crore... n repo shows 140895 crore.... suggesting that liquidity is still tight.... n also .... RBI auctioned bonds of 40000crore.... WTF( wat the fish) ....

Someone please telll crappy Subbarao to stop playing with it.....FII knows all this... all of u people stop long side trades or be cautious in ur approach....

If u need all this update... please reply

 

[timepass]

Harsh, your views are welcome. Even I was wondering about liquidity. On one hand we have high interest rates, and on the other there is talk of India as investment destination and how the foreigners are pouring the money here. If liquidity was really very bad, then perhaps we wouldn't have seen this rally.