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Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Have Entered Some @ 4738 & 4745 Looking To Exit Around 4812 For Some SavantGade...


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Derivatives Discuss Futures & Options in securities whose value is derived from an underlying instrument.


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  #3531  
Old 11th April 2008, 12:18 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Have Entered Some @ 4738 & 4745

Looking To Exit Around 4812 For Some


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  #3532  
Old 11th April 2008, 12:19 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Wow..Didn't hink It Would Arrive So Fast

SavantGarde
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  #3533  
Old 11th April 2008, 12:21 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Now Kept Half Of The Balance To Sell @4828

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  #3534  
Old 11th April 2008, 12:22 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by Ajax View Post
OI in NF & mini has again @ its highest together.
NF struggling @ support..
Something is going to happen
Oops! A close shave.
The moment I got out of shorts; this spike came.

Last edited by aca_trader; 11th April 2008 at 12:46 PM.
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  #3535  
Old 11th April 2008, 12:23 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Ajax!What about a bearish WW now? Symmetry missing, no?
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  #3536  
Old 11th April 2008, 12:30 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Dear Asishda,
To me the market is range bound but I do agree with you that it will touch 7300 in coming months and that is the time to book profit and get out of the market because all indications show that after touching 7300 the market will go bearish for a long time.








Quote:
Originally Posted by uasish View Post
There is a definite change of Trend & Sentiment in the Mkt.A downtrend is on progress.Once again the
need of the hour is to determine the faith of the Long term Trend.All studies are absolutely Subjective.
Nifty Fut is going to scale 7300 in months to come,prior to reaching that the down side is
much more to come from present level.There be no ambiguity in this that we may see 400 to 500 points
down side from here.
All Up or Down is basically in Wave type nature,there is no straight Up or Down,hence any 100-200 points
Rally should not deceive us that the down side is halted,until we get definite indication ,presently the
major trend is Down.
These observations are extremely subjective in nature & many a time these observations are found to be
wrong in the past.
It may be noted that we are in 4th Down Wave,where the minor waves are unfolding.

Present levels to watch:=

5686.20 was the earlier support.
5830.95 is now the Resistance area.
5762.44 (on closing basis) is the Critical balance Price.
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  #3537  
Old 11th April 2008, 12:30 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by aca_trader View Post
Ajax!What about a bearish WW now? Symmetry missing, no?
No ww for now...

The one we got yesterday was perfection to glory...
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  #3538  
Old 11th April 2008, 12:34 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Ashish

Again a DT with one outside BB , other inside it on NF 3m
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  #3539  
Old 11th April 2008, 12:37 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Moving The Sell From 4828 to 4854

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  #3540  
Old 11th April 2008, 12:38 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Reason Being That There Will Be Another Bout Of Short Covering If 4818 Holds

SavantGarde

Quote:
Originally Posted by SavantGarde View Post
Moving The Sell From 4828 to 4854

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