NIFTY Futures Mechanical Trading

kishan75 · #**471** 7th April 2008, 01:52 PM

Quote:

Originally Posted by coolbuddyin

will nifty sustain these gains
i heard in tv..that FII are selling and fund managers are buying
and this upmove is due to short covering ..not agressive buying

Unable to Comment buddy, Since I don't watch business channel during trading hours,

But If you can do as I said in my last Post you will be able to cover little of you loss

kishan75 · #**472** 7th April 2008, 03:08 PM

Coolbudy

Don't expect above short call for more than 40-50 point my target is around 4750-4755

harishsoni · #**473** 7th April 2008, 04:39 PM

Quote:

Originally Posted by kishan75

Don't worry market on monday will be good , I believe in this mechanical system. I can't say whehter you will be able to square off your position without any loss but their will be atleast 80-90 points of recovery is gurranteed as my analysis says,

So Put aside your tensions and enjoy a good week end

Great !! and even today's Sort , thanks becuase of your above and today call I earned 124 point gain by 2 positions, on ther day I was habitual of shifting my positions in enver 20 - 30 minutes but at the end of day not able to earn much.

When I saw your post yesterday here I blindly followed this time your call since last time in Will............ continue ? . I did not believed your call and went long and faced loss.

Good Job Man

But Just wanted to know is this experience or TECH. Analysis

harishsoni · #**474** 7th April 2008, 06:35 PM

What about tomorrow ??

kishan75 · #**475** 7th April 2008, 06:38 PM

Thanx for Appreciation but It was a mix of T.A plus Experience

But Please If you follow me on some day then follow completely, Like as I said must exit Nifty Short Position today only since their is no tomorrow.

I too went long at the moment I covered Nifty at 4753 for a target of 4840 tomorrow with stop loss of 4718 (This stop loss is not valid in first 15 minutes of tomorrow opening , Since that can not be Predicted, but if target achieved in opening than don't wait for anything just book Profit)

nadodav · #**476** 7th April 2008, 06:52 PM

NIFTY FUTURE For April 8,

Current position : LONG (at 4761 on 07/04/2008)

Nifty Fut Closed at : 4764.40

Profit/Loss in current trade : 3.40 (as per last closing price)
Net Profit/Loss since thread started : +1340.40 (1337.00+03.40)

Support : 4693
Resistance : 4824

Hold LONG positions with SL 4693. If trades below 4693, Exit LONG & go SHORT with SL 4824.

Happy Trading.

Vinod

Saint · #**477** 7th April 2008, 07:05 PM

Quote:

Originally Posted by nadodav

NIFTY FUTURE For April 8,

.....Hold LONG positions with SL 4693. If trades below 4693, Exit SHORT & go LONG with SL 4824.

Happy Trading.

Vinod

typo,vinod!

Saint

uasish · #**478** 7th April 2008, 08:52 PM

Vinod,

Your Mechanical Systems ,Power Point presentation at Kolkata Meet was very nicely done by Sanjay.

Asish

rkkarnani · #**479** 8th April 2008, 08:05 AM

Quote:

Originally Posted by kishan75

Sir

I gave it few days back also.

Your Mechanical System works very good , But in Real Word nothing is Perfect, we must be updating to make it as close as possible to Perfect.

I am Making a try for this, If you find ok then you can also try for this.

I have seen almost every post of your thread and found that your system don't give advise to book Profit as efficently as it should be.

If on some day any Position is giving Profit of more than 100 Points on Nifty than it is advisable to book Profit on that Particular atleast in this type of market where next day opening is so highly unpredictable. No body can tell whether it can be 150 points up or gap down because of global markets.

Try this strategy for one week on Paper if you found its working good then update in your system

Please do not mind my words but in reality you are confusing people who are following Vinod!!!!
Why dont you start your own thread!!!!! That will be a sane thing to do instead of interuppting this thread. You are welcome to post your views on Vinods system but please post your own system generated levels elsewhere. This IMHO will be good for all.
Regards

justnifty · #**480** 8th April 2008, 08:38 AM

Quote:

Originally Posted by uasish

Vinod,

Your Mechanical Systems ,Power Point presentation at Kolkata Meet was very nicely done by Sanjay.

Asish

Hi Vinod,

Would you be able to share your Power Point presentation and your/Sanjay's commentary, for us souls that couldn't have made it to Kolkata...

Regards,
JN