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Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; 5116 nifty spot looks vital , its yesterdays and todays low so far. below 5116 ...


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  #431  
Old 21st February 2008, 02:26 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

5116 nifty spot looks vital , its yesterdays and todays low so far. below 5116 we may test 200 dma. Tho i still stick with my 5400-5480 before feb expiry
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  #432  
Old 21st February 2008, 02:28 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Attempting a risky buy here , with 20 points stop loss (low quantity)
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  #433  
Old 21st February 2008, 02:34 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by rajaram.dilipkumar View Post
still bullish on wipro ( find enc. chart)...... however waiting for a b/o from the triangle before adding to my existing long position in cash.....
raising stop to 425
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  #434  
Old 21st February 2008, 02:37 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Adventurous Shorting may be done at 5140-45 if Underlying is around 5170-80. SL should not be more than 10 points.
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  #435  
Old 21st February 2008, 02:46 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Originally Posted by biyasc View Post
sold small qntty unitech again @370.xx, placed a sl buy abv 372,
stop hit, loss rs.2, took fresh long @372.xx
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  #436  
Old 21st February 2008, 02:51 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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stop hit, loss rs.2, took fresh long @372.xx
placed a sl blw 368, if it hits i am out for the day,
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  #437  
Old 21st February 2008, 02:55 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Originally Posted by adilsaleem View Post
5116 nifty spot looks vital , its yesterdays and todays low so far. below 5116 we may test 200 dma. Tho i still stick with my 5400-5480 before feb expiry
5400-5480 may happen if market moves up from here and takes out the high of today. It will mean double bottom on hourly chart with RSI divergence.
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  #438  
Old 21st February 2008, 02:59 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

The thread is really vibrant now with serious trader's active participance.
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  #439  
Old 21st February 2008, 02:59 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

adding more positions and overall stop loss is now break even
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  #440  
Old 21st February 2008, 03:14 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Need advice , does it make sense to carry longs?
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