Nifty Futures Trading

tsunil4u · #**7981** 14th July 2008, 08:50 AM

3980 FUT is a crucial level for today...
If opening is weak, then support is likely to come at this level.

If FUT sustains above 3990, and also breaks 4015, then rally can be expected till 4045-4065
Above 4065, 4085 is possible.

If, however, 3980 FUT breaks, then 3955-3930.
3930/25 is a good support area... if this also breaks, then dip below 3900 is also possible.

uasish · #**7982** 14th July 2008, 10:36 AM

Expecting a good move above 4018.30

uasish · #**7983** 14th July 2008, 10:41 AM

The Stop buy was executed @ 4019.00 & now exiting 50 % @ 4034.00

uasish · #**7984** 14th July 2008, 10:42 AM

Stop brought to 2 points below entry @ 4016.00.

Saint · #**7985** 14th July 2008, 10:44 AM

Quote:

Originally Posted by citrus

Thanks Asish da, for the link to the post and Thanks to Saint for the reply.
In fact from the word "changed gradient" I was expecting some predictive model of Nifty based on the performance of other markets. The better idea of my thinking can had from the following lines copied from http://www.tradertech.com/investorsweek_review.asp:
"Each market-specific AI module uses data from a range of other markets that Market Technologies has tested and found of predictive value. For example, the FTSE 100 future model includes eight other markets in its calculations, including various stock indices such as the Dow, Nikkei, NYSE Composite and S&P 500, as well as US T-Bills/Bonds and the US Dollar index".
Regards.
citrus

Saint

uasish · #**7986** 14th July 2008, 10:44 AM

Stop enhanced to 4023.00

uasish · #**7987** 14th July 2008, 10:48 AM

Now @ 4042.80 is negotiating the earlier Pivotal High in 5 mins chart.

uasish · #**7988** 14th July 2008, 10:49 AM

Stop enhanced to 4031.00

uasish · #**7989** 14th July 2008, 10:50 AM

Placed 25 % Exit @ 4054.00

uasish · #**7990** 14th July 2008, 10:52 AM

Revised order and exited 25 % @ 4043.