Should i go long or short on Nifty Futures

S

stocksplacement

Active Member
#1
#1
I started with Mini Nifty and now trading in Nifty Futures. Though I have made reasonable profit within 1 week's time, assuming that Nifty will reach a scale of 5300 by the end of October, 2009, I would like seniors and other members to advise whether it a top of 5300 is achievable in Nifty by 29th October, 2009 or should I short at 5155 for November, 2009.
 
K

K.Boopathy

Active Member
#3
#3
As per technical if monday close is below opening chances of small correction. Buy when the close is above 5188.2. look for a short when the close is below 5094.7
Happy trading :)
 
H

hills_5000

Well-Known Member
#4
#4
Why dont you go to the Nifty Pivot Points thread by Savant Garde. Read through it for the last few days and you will find all the answers :)

Here's the link

http://www.traderji.com/day-trading/9110-nifty-intraday-pivot-points.html

stocksplacement said:
I started with Mini Nifty and now trading in Nifty Futures. Though I have made reasonable profit within 1 week's time, assuming that Nifty will reach a scale of 5300 by the end of October, 2009, I would like seniors and other members to advise whether it a top of 5300 is achievable in Nifty by 29th October, 2009 or should I short at 5155 for November, 2009.
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