Predict Nifty 100% - Its possible

Discussion in 'Derivatives' started by redsea, Dec 2, 2010.

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  1. redsea

    redsea Member

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    Hi,

    Every trader is dreaming about the predicting the market movement, is it really possible even i asked myself past....finally i have an answer for that "YES" it is possible remember the word "Nothing is Impossible"

    As myself started trading around 2004 started to behave like a smart trader learning charts, RSI, MACD, STOCHASTIC and many other oscillators/trends. it took many years to understand that all my path was totally wrong, then later noted that oscillators are perfect only the usage of mine was wrong just like driving a car if you drive wrong way you will hit, its the driver's problem not car right?

    After doing lots of homework finally found the great market breakout system 100%, I am not saying that i can predict everyday's market direction but a major break either up or down (currently nifty) can be predictable including yesterday's rally. ( i mean 1st December) the basic concept i found that we don't need lots of directional tools/charts or global direction or economy direction for identifying such breakout and I believes most of you guys are smarter than me? may be you are doing better than me who knows? :)

    I would like to share these kind of ideas with traders who are really interested / or those who doing hard work to find out or those who already having knowledge on the breakout system... in order to improve my trading life... all i can say its a team work.....

    I will post my view on this board so that you guys can review if its correct or not and the same time I request you guys to write your own view but not just prediction from mind it should be based on something like what i have said in my post


    Thanks
    Redsea
     
    Last edited: Dec 2, 2010
  2. puduags

    puduags Member

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    Very good effors. Sharing your experience will help to all including new comers as well as experienced traders. Keep it up.
     
  3. redsea

    redsea Member

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    Thank you puduags
     
  4. pundit

    pundit Active Member

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    Kindly reveal the strategy.
     
  5. sadiq

    sadiq Active Member

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    Please give the current prediction ?
     
  6. redsea

    redsea Member

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    my view for the moment: (today is not a trading day)
    NIFTY Opened Gap UP around 62+ point WILL SHOW LIKE BULLISH this the manipulation today..morning no other movement i will take short if i get chance to enter higher ....than this gap up... (SHORT STRADDLE DAY)

    (Note: The information is truly for learning purpose not advising trader to take direction)
     
    Last edited: Dec 2, 2010
    Sunny1, sudoku1, biyasc and 2 others like this.

  7. redsea

    redsea Member

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    I will, As i said will reveal it, its not easy just say to the board it is difficult to explain unless you are dealing with some strategy we will discuss in coming days all these factors.

    Cheers

    Redsea
     
    Sunny1 likes this.
  8. redsea

    redsea Member

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    Pls see my view hope you understand the direction from my side..

    Good Day
    Redsea
     
  9. malunana

    malunana Active Member

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    Thread well begun
     
  10. redsea

    redsea Member

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    Closing View:
    Day View : Accomplished as stated above post (today was Short Straddle Day)
    Tomorrow View: Current Trends Ends here will see new direction (wait to open market tomorrow for further)
    (Note: The information is truly for learning purpose not for trading)

    Friends Please also share your ideas/opinions which will help us to go with the trends...

    Good Day
     
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