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


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  #3791  
Old 17th April 2008, 09:37 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Hey friends today i am short on the market... lets c wht happens... good luck to both Bulls & Bears

Regards
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  #3792  
Old 17th April 2008, 09:56 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by milkyblack View Post
Hey friends today i am short on the market... lets c wht happens... good luck to both Bulls & Bears

Regards
Careful,my friend....

Saint
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"You cannot change the direction of the wind,but you CAN adjust your sail..."
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  #3793  
Old 17th April 2008, 10:04 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by Saint View Post
Careful,my friend....

Saint
Yes Saint this time i am carefull... need to be Saint as already burnt fingers.... have SL of 4971... place gone short at 4950...

Regards
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  #3794  
Old 17th April 2008, 10:06 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by milkyblack View Post
Hey friends today i am short on the market... lets c wht happens... good luck to both Bulls & Bears

Regards
Friend, how abt. posting your reasons for being short !!!!!!
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  #3795  
Old 17th April 2008, 10:14 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

oh no ... icici (broker) down again
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  #3796  
Old 17th April 2008, 10:17 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Already 13 points in Short.

Last edited by uasish; 10th August 2008 at 11:44 PM.
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  #3797  
Old 17th April 2008, 10:17 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

vineet
call them (RM) ..... i have accont with a subbroker manages to close my position when ever i need
today i covered my long at 4948 also had no problem

Satya
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  #3798  
Old 17th April 2008, 10:18 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Covered @ 4928.65 as that was the 2pm bar's High(to cover the gap)
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  #3799  
Old 17th April 2008, 10:20 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by rkkarnani View Post
Friend, how abt. posting your reasons for being short !!!!!!
Well for the following reasons...
1. Nifty unable to cross the earlier pivot of 4970 till now even after a gap up opening.
2. Yesterday there was profit booking suggesting lack of Long conviction at higher levels.
3. I believe there would be a correction after 2 consecutive up moves (tough i may be wrong over here).
4. Non techical reason that there is a 3 day weekend so traders might be cautious to take long positons.

but if 4971 is taken then i would go long in the market with proper SL given at tht point in time

Regards
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  #3800  
Old 17th April 2008, 10:20 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

60 mins is (+) ve,waiting for 5 mins to become (+)ve for Long.
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