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Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by circle zee booked 50% profit @5196 ...for safe side Well done,CZ! Saint...


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


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  #581  
Old 25th February 2008, 02:56 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300
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Originally Posted by circle zee View Post
booked 50% profit @5196 ...for safe side
Well done,CZ!

Saint
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  #582  
Old 25th February 2008, 02:58 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300
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Originally Posted by new2sm View Post
aca do you suspect a major fall today/tommorow? please guide.
To be frank, No Idea. DOW is under a small consolidation. Every alternate day it rises and falls, trading between the range of 12200-12500. If it closes near to 12200 today, tomorrow we may open lower around the trendline from which we have bounced back today. Only a fall below the trendline may cause major fall.

However, If there is a gap-up tomorrow around 5225/5280 Level in NIFTY underlying, we may have a reversal day.
Last edited by aca_trader; 25th February 2008 at 03:21 PM.
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  #583  
Old 25th February 2008, 03:00 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300
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Good trade,Ashish......neat profits.Enjoy!!

Saint
Thanks Saint! But the exit was not up-to-mark.
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  #584  
Old 25th February 2008, 03:00 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300
learning good from senior members like u..
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  #585  
Old 25th February 2008, 03:02 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300
raising my stop to 5179, dont want to carry anything. Will close all by 3:20.
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  #586  
Old 25th February 2008, 03:03 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300
Raising SL to 5180 on 2/4,keeping sl at 5145 on 2/4

Saint
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  #587  
Old 25th February 2008, 03:04 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300
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Thanks Saint! But the exit was not up-to-mark.
Cannot be accurate every time........you've done great for the day.

Saint
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  #588  
Old 25th February 2008, 03:09 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300
Stop loss at 5199 for all
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  #589  
Old 25th February 2008, 03:09 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300
Moving stop loss on 2/4 to 5185

Saint
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  #590  
Old 25th February 2008, 03:11 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300
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Originally Posted by Saint View Post
Which 1-2-3 pattern?

Just for education,do post a chart ...... when you get the time,that is.

Saint
Above 6070 (Marked as 2), It'll be a 1-2-3 pattern beyond doubt both on Daily & Weekly charts. Some people may treat the minor top of 6030 (Marked as 2A) as point 2 as well. A close above these levels will be a triangle break-out.

Regards,
--Ashish
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