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#1
30th May 2007, 09:56 PM
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Advice - Nifty Futures Short
Hello Everyone
I am a small time investor and have recently started trading in derivatives small time . I have recently gone short on the nifty at 4250 -JUNE 2007 ... have two lots , any opinions from the visitors of this site on how they look the nifty going forward . Ideally i am looking at least 4160 T1 and 4100 T2 .... what say Kartik Mehta 
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#2
30th May 2007, 11:45 PM
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Re: Advice - Nifty Futures Short
Quote:
TOMORROW BOOKING PROFIT OF 50% @ 4220 IS GOOD IDEA 
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#3
31st May 2007, 01:05 AM
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Re: Advice - Nifty Futures Short
Kartik, if you feel the need to ask for market direction AFTER getting into the trade, then you shouldn't be in the trade at all.
Targets and stop-loss points have to be decided BEFORE entering a trade. best rgds T7
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#4
31st May 2007, 01:14 AM
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Re: Advice - Nifty Futures Short
Hi Kartik,
I agree with Trader07.. you should have decided the same before entering the trade... However.. you can look into http://www.vfmdirect.com/nl/index.shtml and note that the long term trend will be up if NIFTY spot holds above 4250
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