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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 Wait for the signal. Above 4686, a certain buy. 1-2-3 on ...


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  #1921  
Old 19th March 2008, 11:38 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by aca_trader View Post
Wait for the signal. Above 4686, a certain buy. 1-2-3 on 5 min when 60 min is in Uptrend. Though I am more inclined towards short but BB is suggesting that the move may not last longer.Hence, sitting idle, not shorting as well. If you want to short anyway, your SL will be the previous hour high.

Regards,
--Ashish
Will short if BB is touched on 5 min and a retracement takes place. Else no trade.
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  #1922  
Old 19th March 2008, 11:41 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Originally Posted by new2sm View Post
u mean to say nifty will reach 4706?...in 30 min?
Think the 'Critical Price point' to be the Center of Gravity or the CG of Nifty Fut then going below that means chances of Falling further is more than going up.Suppose CG is below the present price ,hence chances of going up is more than a fall.
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  #1923  
Old 19th March 2008, 11:42 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Target of the morning within reach after my exit.
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  #1924  
Old 19th March 2008, 11:45 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by uasish View Post
Think the 'Critical Price point' to be the Center of Gravity or the CG of Nifty Fut then going below that means chances of Falling further is more than going up.Suppose CG is below the present price ,hence chances of going up is more than a fall.
thanks asish. future looks bleak but cues show otherwise. am still hopeful.
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  #1925  
Old 19th March 2008, 11:45 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Originally Posted by new2sm View Post
guys just a quick question while we wait for B-Out/Down. Can I see the stuff like 1/5/60 min. charts in PIB. I am asking since I have applied for IB a/c after my woes with ID. any more input on how to use PIB effectively, pointers, etc
You can see the charts in different mins. format, PIB is a trading platform with a charting facility,thats all.
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  #1926  
Old 19th March 2008, 11:48 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

hmm but I think I can connect PIB to amibroker and get what you gurus are seeing....will have to dig about it. damn amibroker cannot support intraday and daily/weekly etc in the same database.
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  #1927  
Old 19th March 2008, 11:49 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by new2sm View Post
thanks asish. future looks bleak but cues show otherwise. am still hopeful.
Well the Low of 14th's 30 min bar of 3.00 pm was 4644.00 & the High of 18th's 3.00 pm bar was 4635.00 ,which may give a little support for Longs.
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  #1928  
Old 19th March 2008, 11:49 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

out 1/2 at 4644

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  #1929  
Old 19th March 2008, 11:51 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

moving stops to 4658(breakeven)

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  #1930  
Old 19th March 2008, 11:54 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

out back half short at 4645

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