Nifty Futures Trading

renu daga · #**13031** 6th September 2008, 06:56 PM

CZAR..BAR..coffee and plain water,,,max..
i dont hope so modesty/ decency form czar

i think we should open a thread on chit chat...thread name,,,,new titles to members,,
i declare....CZAR....,,no words to describe him... he is beyond man / animal..( now dont think urself a god)!!

renu

Czar · #**13032** 6th September 2008, 07:04 PM

have to tread very cautiously when speaking to your highness....

why dont you open a chit chat thread...

Czar · #**13033** 6th September 2008, 08:32 PM

Quote:

Originally Posted by naughty_tina

Hi renu.
I really appreciate & agree with your views, after visiting THAT thread. One should realise that it's very easy to post levels and "analyse" them at the end of day by just looking at the left side of chart, and saying this could have have been done. Only traders (and note mere "analysts/tipsters") will realise how tough it is to trade on realtime basis, when their own money is at stake. Not just levels, but also the logic/reasoning behind those levels is of utmost importance. After all, if one gets an idea of how to deduce supports & resistances, then one may be also able to do it intraday on real time basis. After all, mere mentioning of a particular level as target/profit-booking level will not help much unless we actually trade on that level accordingly. And one can confidently trade on that level ONLY when one understands the logical/chartical reasoning behind that level for being support or resistance.

Trading & analysing are two diff ball games but with common purpose. Analysing helps one to predict the "right hand" side of the chart after studying the "left hand" side (EOD or intraday in realtime); but only actual traders know what it is when they put in their money on such prediction,

that is the sole reason why everybody here (in Traderji) explains reasons for their analysis so fellow members learn to see for them selves & not take calls just based on the analysis, All the members like Saint, Dada, etc go through great efforts to teach a man to fish not give them the fish in real time

The thing for new traders watching these threads is that the continuous charts posted (with various signals), levels mentioned, trades mentioned are so they pick up strategies not the calls itself, otherwise the purpose of the effort dies, everyone could just write buy here sell there, but while trading to divert time for putting up all these thing is more difficult for the trader himself... but still we all do try our best since some other guys had made same effort for us so this is the way of saying thanks to the teachers & their teachers... whatever little knowledge we have we try to share it...

roameri · #**13034** 6th September 2008, 09:04 PM

Quote:

Originally Posted by Czar

have to tread very cautiously when speaking to your highness....

why dont you open a chit chat thread...

Good Idea.
When opened , please notify on this thread.
I don't drink coffee but the " cup that cheers" - tea.
j.
Cheers

roameri · #**13035** 7th September 2008, 04:28 PM

Quote:

Originally Posted by alex_laxya

Alex:
What about Mon. 08/09/2008 ?
Is it movies or is it moves ?
These two boards - " Nifty Futures Trading " and "Nifty Futures Trading Part 2 (Positional) are too much to follow.
Which one is appropriate for intraday ?
Thanks,
j.

renu daga · #**13036** 7th September 2008, 07:28 PM

nifty fut is fit for intraday,,part 2 is for pos,,
but i stupid post were i feel like

renu

renu daga · #**13037** 7th September 2008, 07:48 PM

since we all can visualise that mkt will open gap up tom,,,
i assume mkt to open either at 4496..or at 4560 fut,,

lets see my levls get excatly hit or not,,,(in testing mode)

renu
we have te gap of 2sep at 4510 levls which will eb surely filled
the band are for tom mornning is 4390..which will be surely changed on gap up...and then that gap,,,will be again filled up,,,worst part!!

alex_laxya · #**13038** 8th September 2008, 02:19 AM

Quote:

Originally Posted by roameri

Alex:
What about Mon. 08/09/2008 ?
Is it movies or is it moves ?
These two boards - " Nifty Futures Trading " and "Nifty Futures Trading Part 2 (Positional) are too much to follow.
Which one is appropriate for intraday ?
Thanks,
j.

hi
i usually posts on both threads,and my thread random thoughts on ta,as on my thread we discuss more deeply why this and that, and on those two threads i post charts and let them decide wt they think. all this for no one miss out of any information.

p.s. on Monday there will be countdown for a opening of Hollywood's/Washington's big budget movie " US presidential elections " and i intend to watch that movie through my trading window

alex_laxya · #**13039** 8th September 2008, 02:20 AM

tsunil4u · #**13040** 8th September 2008, 08:21 AM

Quote:

Originally Posted by tsunil4u

Here's a chart of Nifty's 100DMA levels...

seems like quite a "pain in ,,,," for nifty; once broken, it's seems to be very difficult to regain/go above it...

The relevant 100 day simple moving average for today is around 4550. So, closing ABOVE 4550 would break the jinx.
Global markets seem to rejoice the bailout of Fannie & Freddie by US govt (imagine, here if for eg, HDFC is taken over by Govt. & it becomes a PSU - that wont be a "rejoicing" thing here)

Anyway, as of now:
Asian markets are around 4% up
SGX nifty is +200 pts (arnd 4%)
Dow Jones is +250 pts

The Following 3 Users Say Thank You to Czar For This Useful Post:
alex_laxya (8th September 2008), pakatil (6th September 2008), tsunil4u (7th September 2008)

The Following 2 Users Say Thank You to renu daga For This Useful Post:
alex_laxya (8th September 2008), pakatil (8th September 2008)

The Following 3 Users Say Thank You to alex_laxya For This Useful Post:
joethim (8th September 2008), praveen taneja (8th September 2008), senty (8th September 2008)

The Following User Says Thank You to tsunil4u For This Useful Post:
columbus (8th September 2008)