Swing Trading for Nifty Futures

[kthakker0]

Did you take position?
if not tn when
i am going to take buy
but coz level not initiate.
please guide me

Hi,

I have written 5040 is the focal point along with the trend identifier i.e
Close below 5020 will set the negative trend in the market
Close above 5080 will set the positive trend in the market

Based on this info make your judgment.

But as long as Credit Policy review hangs, its any one's guess

As far as I am concerned I am long with 5020 as my strict stop loss for the target of 5061-65 and if above, it's 5080

Let me add, that today is a tricky day (albeit with a positive bias I feel price will be firm at higher levels), with Cr policy tomorrow and series ending thereafter, along with market in over bought position, traders are hesitant to go long as they see Tuesday as a day to show where market is heading.

Happy Trading.

 

[Aditya.ambasta]

Hi,

I have written 5040 is the focal point along with the trend identifier i.e
Close below 5020 will set the negative trend in the market
Close above 5080 will set the positive trend in the market

Based on this info make your judgment.

But as long as Credit Policy review hangs, its any one's guess

As far as I am concerned I am long with 5020 as my strict stop loss for the target of 5061-65 and if above, it's 5080

Let me add, that today is a tricky day (albeit with a positive bias I feel price will be firm at higher levels), with Cr policy tomorrow and series ending thereafter, along with market in over bought position, traders are hesitant to go long as they see Tuesday as a day to show where market is heading.

Happy Trading.

:clap::clap::clap::clap:
i m really happy to see u here

 

[kthakker0]

23/1/2012

Hi all,

Today's SGX Nifty range, it's Mano-ya- Na-Mano

Open = 5140
High = 5207
Low = 5060
Close = 5076

Does it give any indication for tomorrow?

Any way's tomorrows NF range is same as today 5000 - 5080 with 5040 as focal point.

Game changer, as every one knows, will be Credit Policy.

Happy Trading

 

[Aditya.ambasta]

good morning
friend.
your position now.

 

[Aditya.ambasta]

you post few here.
you busy with other thread too
plz tell me wr?
coz i m in need of ur news friend
:clapping::clapping::clapping::clapping:
my all friends will come here present time they are too busy with khushi thread in senti-level tradeing.
can u tell me wn wud be RBI meeting over. After 1PM?

 

[kthakker0]

24/14/2012

Hi all,

My net is again giving me some problems.

Today's open above 5065 states that NF is on it's way to rally further and could reach 5120 which is the near resistance.

Today's close above 5080 will usher NF in a new zone which will come from short sellers who will run to cover their position there by pushing NF further up to next level of 5150

Today's new range is 5080 - 5160 with 5120 as the focal point and resistance

As stated previously my target for NF is 5220

And yes I have carried over my long position in NF and now my stop loss is 5080

Happy Trading

 

[kthakker0]

24/1/2012

Hi all,

I seems that this rally is going to spill over to the next series to reach 5220 target

Those who think to short now and cover tomorrow could be crushed beyond recognition.

It has already reached our higher end of today's range, 5150 and if the rally continues like this then our 5220 target should be achieved much sooner.

My revised stop loss is 5120

Happy Trading

 

[kthakker0]

24/1/2012

Now 5080 has become not only a strong focal point but a strong support as well, traders can initiate a buy if and when NF fall towards it for target of + 5220

Tomorrows range is 5040 - 5200 with a strong support at 5080

Till now market is good for bulls with an aim of crushing the bears

But as said, Market has its own way of making people understand who's the boss

So Happy Trading.

 

[Aditya.ambasta]

24/1/2012

Hi all,

I seems that this rally is going to spill over to the next series to reach 5220 target

Those who think to short now and cover tomorrow could be crushed beyond recognition.

It has already reached our higher end of today's range, 5150 and if the rally continues like this then our 5220 target should be achieved much sooner.

My revised stop loss is 5120

Happy Trading

friend i bought @ 5130

 

[kthakker0]

friend i bought @ 5130

Hi,

Strong Intraday resistance is @ 5139 trading more then 10-15 minutes and thereafter close above 5139 will see 5220 but as said my stop loss is 5120 for levels of 5080 ((If) as and when it happens) to again initiate buy

So use your judgement and trade accordingly

Happy Trading