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Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; On Hrly chart of Nifty Fut 5559.30 has become imp,if it can trade over 5602 ...


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  #11  
Old 21st January 2008, 11:22 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

On Hrly chart of Nifty Fut 5559.30 has become imp,if it can trade over 5602 then a temporary o/s situation will trigger a 30-60 min rally,then the Stop beomes 5559.30.
Now the Supp is at 5524.95.
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  #12  
Old 21st January 2008, 11:32 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by uasish View Post
On Hrly chart of Nifty Fut 5559.30 has become imp,if it can trade over 5602 then a temporary o/s situation will trigger a 30-60 min rally,then the Stop beomes 5559.30.
Now the Supp is at 5524.95.
All the best,Asish,with your new thread!

Saint
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  #13  
Old 21st January 2008, 11:39 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Initiated a Long in Nifty Fut @ 5563.20 & Stop placed at 5549.95
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  #14  
Old 21st January 2008, 11:47 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Released 50 % at 5592.00 & increased the Stop to entry price @ 5563.20.
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  #15  
Old 21st January 2008, 12:02 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

In fact 5602 is still working as Resistance & my Stop is also hit,with only Rs 14.40 profit per contract.
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  #16  
Old 21st January 2008, 12:03 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by Saint View Post
All the best,Asish,with your new thread!

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Thanks , we all have learnt the basics from you.
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  #17  
Old 21st January 2008, 12:33 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by amitt29 View Post
I would look for 5300 if it ever comes to that.
Not far away.Below 5450 (spot) and it's counting.Three cheers for the bears without beers.
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  #18  
Old 21st January 2008, 12:56 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

amit's 5300 is now a reality.
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  #19  
Old 21st January 2008, 12:56 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by hari09omkar View Post
Not far away.Below 5450 (spot) and it's counting.Three cheers for the bears without beers.
What level now for nifty? 5402 low
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  #20  
Old 21st January 2008, 12:58 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

low 5386 now
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