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Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by ratan jain Hey Saint.... I still have to hear from you regarding ...


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  #621  
Old 26th February 2008, 11:29 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by ratan jain View Post
Hey Saint.... I still have to hear from you regarding the PM.
I thought you would have jumped after reading the PM
Ouch,apologies.....haven't had the time to go through all the PM's......shall reply post mkt.

Saint
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  #622  
Old 26th February 2008, 12:27 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by aca_trader View Post
Long above the high of Gap-Up Bar.
SL triggered with pivotal low at 5225.
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  #623  
Old 26th February 2008, 12:29 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by aca_trader View Post
SL triggered with pivotal low at 5225.
Well done,Ashish.....

Saint
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  #624  
Old 26th February 2008, 12:41 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Sluggish day so far ...for me...so i am going to read thread "Teach a man to fish" again...

circle zee
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  #625  
Old 26th February 2008, 12:45 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
Well done,Ashish.....

Saint
Thanks Saint!
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  #626  
Old 26th February 2008, 12:48 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Will go long above 5257 spot
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  #627  
Old 26th February 2008, 12:52 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

CircleZee,

60min charts are now in an uptrend,Daily charts not yet........All intradays are in an uptrend.

Therefore,come what may,we will NOT short..........except if you are nimble and a great scalper.Other than that,no shorts.......Now,you have 1 trade.You could buy above the first 5min high bar with a SL below the low of the bar.That trade got stopped out..........that should have been it!

Yep,had a mini "breakdown".......but rules wise,no shorts.So nothing but that stopped out trade thus far.

If you are holding overnights and looking at the 30min or 60min charts,nothing so far to tell you that you've gotta panic and bolt.......a basically nothing day,sideways,consolidating,nothing else day......So far!

All the best!
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  #628  
Old 26th February 2008, 12:56 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Buying as an intraday trade........holding the rest from yesterday.

saint
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  #629  
Old 26th February 2008, 12:58 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

going short here , with a Stop loss of 5257 on SPOT (double quantity) , target is a 50-60 point drop on nifty.
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  #630  
Old 26th February 2008, 12:58 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Right-o.....bought at 5251.SL at 5229

Saint
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