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Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by nagendra_gb How come our markets holding so strong is it shortcovering or ...


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  #7501  
Old 8th July 2008, 01:50 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by nagendra_gb View Post
How come our markets holding so strong is it shortcovering or is this the bottom.
Where is the strength??

Europe went up considerably towards their close and so they have retraced all of yesterdays gains. They are trading just below their yesterdays lows....and so are we....

Regards,

Rajfal
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  #7502  
Old 8th July 2008, 02:05 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

sir,
is it a inverse head and shoulder on spot nifty,if so how can we confirm w.r.t the volumes.
thankyou
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  #7503  
Old 8th July 2008, 02:07 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

good fight around 3900FUT

BO at 3920 & 3880 possible...

sitting patiently with my fishing rod...
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  #7504  
Old 8th July 2008, 02:26 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

nifty is stuck

IT + RIL vs others
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  #7505  
Old 8th July 2008, 02:42 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Asish sir,
one more of your fav BO
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  #7506  
Old 8th July 2008, 02:48 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by tsunil4u View Post
market rejoicing left's withdrawal...

nifty had closed the gap up yesterday...

will it close the gap down today (ie spot target - 4030)???????
since i started trading, never seen this gap-closing movements consecutively for 2 days...!!!
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  #7507  
Old 8th July 2008, 03:22 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

All european markets down shall we short and carry it to tomorrow pls reply
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  #7508  
Old 8th July 2008, 04:13 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by uasish View Post
Holding Short from 4063.00,becoz in 1 min chart from 10.45 onwards started showing LH LL & 11.04 to 11.11 showed some type of Double bottom again as 11.40's bar range was very small with 11.41's bar being black candel hence shorted.
Holding this.
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  #7509  
Old 8th July 2008, 04:22 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by uasish View Post
Holding this.
Asish Da,

Good one

But is it not looking like a bottom? I mean Asia was down, Europe down and even after gap down closed pretty good. Am I right?

Regards
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  #7510  
Old 8th July 2008, 05:10 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by uasish View Post
Holding this.
jobbed in nifty today and was long from 3925 ... somehow the sell order i placed at 3940 didnt get executed in the last minute.Hence was forced to carry this long...personally hate to carry any futures positions overnight these days..
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