NIFTY Futures Mechanical Trading

nadodav · #**211** 23rd January 2008, 03:12 PM

Dear Saurik,

as Maxbombay said, as per theory we are long & I also gone long but as i also said that todays SL range is very wide more than 500 points. so no fresh position should be taken as you have to hold with SL 4713. insted whenever SL range falls near 100 or max 150, you can enter.

Vinod

saurik · #**212** 23rd January 2008, 03:48 PM

Quote:

Originally Posted by nadodav

Dear Saurik,

as Maxbombay said, as per theory we are long & I also gone long but as i also said that todays SL range is very wide more than 500 points. so no fresh position should be taken as you have to hold with SL 4713. insted whenever SL range falls near 100 or max 150, you can enter.

Vinod

HOW CAN I CHAT WITH U WHILE MARKET HOURS??????

marcus · #**213** 23rd January 2008, 05:15 PM

I just want to say in this system do not attempt to pyramid as it could be extremely dangerous, if you pyramid and the range is high (say like 500 points currently) by the time you reverse you could suffer serious losses, i think if one trades this system its best to stick with a constant number of lots.

umesh25 · #**214** 23rd January 2008, 05:45 PM

Quote:

Originally Posted by umesh25

Hi Vinod Bhai

now what see mkt from here for this expiry and for next expiry bec fed cut after we cant see recovery. we can see call for next month ya wait and watch for this movemet.

umesh

Quote:

Originally Posted by saurik

should we go long now?

as per level now we are in long but can u feel at mkt will sustain and come to in bull run and give 5900 expiry

nadodav · #**215** 23rd January 2008, 07:24 PM

NIFTY FUTURE For January 24,

Current position : LONG (at 5244 on 23/01/2007)

Nifty Fut Closed at : 5166.90

Profit/(Loss) in current trade : -77.10 (as per last closing price)
Net Profit / (Loss) since thread started : +1255.90 (1333.00-77.10)

Support : 4951
Resistance : 5340

Hold LONG positions with SL 4951. If trades below 4951, exit LONG & go SHORT with SL 5340

All new members visiting first time are requested to read all messages start from first one before going ahead.

No fresh position should be taken based on my support and resistances as range is very wide.

Happy Trading.

Vinod

nadodav · #**216** 23rd January 2008, 07:31 PM

Quote:

Originally Posted by umesh25

as per level now we are in long but can u feel at mkt will sustain and come to in bull run and give 5900 expiry

Dear Umesh,

I really do not know whether mkt will sustain and give near 5900 at expiry. i only trade michanical way and do not believe in prediction also.

Vinod

sandeep721 · #**217** 24th January 2008, 08:24 AM

Dear vinod

Very nice analysis on nifty. I am following it since some days now and doing paper trades based on it. good going keep it up

Sandeep

sachin_jain3 · #**218** 24th January 2008, 10:37 AM

Dear Vinod,

Do you yourself trade on this recommendation?

Sachin

saurik · #**219** 24th January 2008, 10:56 AM

HI...vinod

yesterday FII were net buyer in index worth 17rs.bn open interest redused by 3.17% what dose it suggest?

nadodav · #**220** 24th January 2008, 01:59 PM

Dear All,

I will not take next SHORT call if trades below 4951 due to high volatality. currently trading at 5030. Will wait for next call.

thanks

Vinod