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


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  #541  
Old 25th February 2008, 11:39 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

NF tough resistence around 5130-35.
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  #542  
Old 25th February 2008, 11:46 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Hi Friends,

Thanks for starting this thread. This thread is really usefull for persons like me who is working and will not have time for analysing. You dont know how much this thread is popular in my working place. Thanks a lot and keep this going.

Thanks,
Nagendra
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  #543  
Old 25th February 2008, 12:07 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Very educative thread by the experts. Thanks folks.

Does it look like some support around ~5096 for the NIFTY futures or did it start a downward trend from local high of about ~5120?



-- Milind
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  #544  
Old 25th February 2008, 12:19 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by milind View Post
Very educative thread by the experts. Thanks folks.

Does it look like some support around ~5096 for the NIFTY futures or did it start a downward trend from local high of about ~5120?


-- Milind
It's a congestion on 5 Min Chart. Price Broke-down but has entered the congestion once again. It may end up making a diamond pattern on 5 Min Chart.

Regards,
--Ashish
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  #545  
Old 25th February 2008, 12:42 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

i am watching this expert's thread from last few days. i have seen lots of losing trades than wining one. but still all experts are enoying their analysis. thats great. keep it up.
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  #546  
Old 25th February 2008, 12:47 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Thanks Ashish for your response.

When you look at futures and underlying index wrt some psychological support/resistance levels like 5100 - is it the underlying index that gets the support/resistance or the derivative?

-- Milind
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  #547  
Old 25th February 2008, 12:48 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

I am with Saint today , near about same numbers for a long trade
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  #548  
Old 25th February 2008, 12:49 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

crossing 5126 on spot will add more
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  #549  
Old 25th February 2008, 12:56 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by milind View Post
Thanks Ashish for your response.

When you look at futures and underlying index wrt some psychological support/resistance levels like 5100 - is it the underlying index that gets the support/resistance or the derivative?

-- Milind
I am biased towards Underlying. BTW, NIFTY futures also move with Sensex Levels.
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  #550  
Old 25th February 2008, 01:04 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Diamond BO at 5-min chart. Long above the pull-back bar.
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