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| Discuss NIFTY Futures Mechanical Trading at the Futures within the Traderji.com - Discussion forum for Stocks Commodities & Forex; NIFTY FUTURE For August 29, Current position : SHORT (at 4305 on 26/08/2008) Nifty Fut ... |
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#1121
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NIFTY FUTURE For August 29,
Current position : SHORT (at 4305 on 26/08/2008) Nifty Fut Closed at : 4222.90 Profit/Loss in current trade : +82.10 (as per last closing price) Net Profit/Loss since thread started : +2120.10 (2038.00+82.10) Support : 4217 Resistance : 4288 Hold SHORT position with SL 4288. If trades above 4288, exit SHORT & go LONG with SL 4217. Happy Trading. Vinod |
| The Following 10 Users Say Thank You to nadodav For This Useful Post: | ||
aabhi06 (28th August 2008), cooltechnocrat (28th August 2008), daydreamer94 (29th August 2008), deoria (30th August 2008), mansukh (28th August 2008), optionstrader (29th August 2008), pdurai (29th August 2008), praveen taneja (28th August 2008), sandykokane (28th August 2008), senty (28th August 2008) | ||
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#1122
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HI Vinod (NADODAV)
your yday levels were really great .. I traded accordingly. I have one doubt can you help me ?? So now we have an open Short position with 4288 as SL. What if tomorrow Nifty opened much above 4288 .. how do you manage such situation ..
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#1123
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go long, follow the levels.
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#1124
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Are we long now?
Regards Day |
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#1125
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Yes. Now long with SL 4217
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| The Following 7 Users Say Thank You to nadodav For This Useful Post: | ||
aabhi06 (29th August 2008), anjanr (29th August 2008), avijit_das (29th August 2008), cooltechnocrat (29th August 2008), daydreamer94 (29th August 2008), optionstrader (29th August 2008), viswa75 (29th August 2008) | ||
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#1126
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Quote:
WATCH OUT FOR GDP NUMBERS @ 11 A.M. ![]() B CAUTIOUS..... REGARDS NJ : ) |
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#1127
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Quote:
One stupid but may be useful suuggestion , I am watching this thread from a long time , and noticed one thing that profits of this thread is having a very strong Resistance zone between 2200 - 2400. You might observe that it has touched many times but not able to sustain above that , So my suggestion is to book profit once on this weekend starts again from zero and keep this existing profits as Past profits which u can add in another line |
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#1128
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Friends,
Can I follow this strategy to Mini Nifty too? Thanks |
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#1129
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Yes, you can. I would rather recommend to start with minifty for beginners.
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#1130
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Quote:
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