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Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Shorted @ 5524.90 ,as that was the Support area....


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  #21  
Old 21st January 2008, 12:59 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Shorted @ 5524.90 ,as that was the Support area.
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  #22  
Old 21st January 2008, 01:16 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Covered 80% Nifty Fut shorts.

So it actually went down by (+) 500 points ,as mentioned in yesterday's post.
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  #23  
Old 21st January 2008, 01:20 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by uasish View Post
Covered 80% Nifty Fut shorts.

So it actually went down by (+) 500 points ,as mentioned in yesterday's post.
Sir,
ur chart reading command is excellent.
This is known as experience.
i hv cut down my all positions in morning still picture is nt clear
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  #24  
Old 21st January 2008, 01:25 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Now Nifty Fut Short's Stop is placed at 5385.00,the o/s phenemenon is working.
Now 5314.55 is the Make Or Break level for Long's & there can be a Rally from here.
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  #25  
Old 21st January 2008, 01:32 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

My Short Stop is hit & now i am Long on Nifty Fut.
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  #26  
Old 21st January 2008, 01:47 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Got 128.20 points in Nifty Fut Short & earlier 14.40 points from Long a total of 142.60 points per contract.
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  #27  
Old 21st January 2008, 01:50 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Long on Nifty Fut Stop placed at Entry Price got Hit.
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  #28  
Old 21st January 2008, 02:01 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Now even the 5314.55 has broken,i am flat with no position.The Mkt is now in SELL in Rise mode.If now 5210 supp breaks then the Entire projection based on 4th Wave premises will become hazy,then we may have to treat the earlier High as the culmination of 5th Wave not 3rd Wave.
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  #29  
Old 21st January 2008, 02:25 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Initiated fresh Shorts @ 5209
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  #30  
Old 21st January 2008, 02:27 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Covered at 5158
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