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Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by aca_trader Thanks for pointing it out. It's violated the LS and has ...


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  #1581  
Old 14th March 2008, 03:11 PM
SGM SGM is offline
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by aca_trader View Post
Thanks for pointing it out. It's violated the LS and has taken my stop out exited all the positions.
Hello Ashish

Do keep a watch on mid point of daily range, very interesting level.

Sanjay
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  #1582  
Old 14th March 2008, 03:20 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by SGM View Post
Hello Ashish

Do keep a watch on mid point of daily range, very interesting level.

Sanjay
Thanks sanjay!
A level for the bull and bear balancing. Gr88.

Best Regards,
--Ashish
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  #1583  
Old 14th March 2008, 03:20 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by aca_trader View Post
Thanks for pointing it out. It's violated the LS and has taken my stop out exited all the positions.
Yes .4651 is the 61.8 retracement level from todays low and high (Spot ) . It turned from there adn violated the downward trendline from 4720 at 4670 .Exited and entered long at 4671 . exited that long at 4697 . Atleast No loss for the day

Naresh

Edit : 4651 is also the 50% retracement level from yesterdays Low to todays high .I am really a mudhead to short just above that level

Last edited by nareshch; 14th March 2008 at 03:40 PM.
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  #1584  
Old 14th March 2008, 03:22 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Originally Posted by nareshch View Post
Yes .4651 is the 61.8 retracement level from todays low and high (Spot ) . It turned from there adn violated the downward trendline from 4720 at 4670 .Exited and entered long at 4671 . exited that long at 4697 . Atleast No loss for the day

Naresh
Gr88 Trade!
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  #1585  
Old 14th March 2008, 03:27 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Small Flag Formation In Nf 3 Min Chart
Will Buy Above 4700

Ajax
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  #1586  
Old 14th March 2008, 03:51 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Originally Posted by Ajax View Post
Small Flag Formation In Nf 3 Min Chart
Will Buy Above 4700

Ajax
Pin drop silence after that seems everybody is busy in buying.
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  #1587  
Old 14th March 2008, 03:54 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Originally Posted by debdeeps View Post
Pin drop silence after that seems everybody is busy in buying.
Nope, I am looking for selling point and going home empty handed.
Pretty Exhausted by now.
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  #1588  
Old 14th March 2008, 03:54 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by debdeeps View Post
Pin drop silence after that seems everybody is busy in buying.
good 40 points gain in quick time.
closing all positions.
cant take anything home

cheers

AJax
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  #1589  
Old 14th March 2008, 03:57 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by Ajax View Post
good 40 points gain in quick time.
closing all positions.
cant take anything home

cheers

AJax
Great trade Ajax
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  #1590  
Old 14th March 2008, 03:59 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by Ajax View Post
good 40 points gain in quick time.
closing all positions.
cant take anything home

cheers

AJax
Yeah! Thanks for it. The thin lines were there on 5 min so I checked 1 minute but it did not look like flag so was thinking to discard it. Then read your message, cross checked and went long.
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