Trading NIFTY Technicals

rkkarnani

Well-Known Member
#21
As you all might already know about this new system which I have been studying on papers for quite some time now and it seem to be working and giving good results.
I have decided to put it on REAL test with REAL money. I will start my day from Monday, 30th November 2009 with 1 lot of MINIFTY Futures

PLEASE DO NOT FOLLOW MY TRADES AND TREAT THIS THREAD FOR EDUCATIONAL PURPOSE ONLY



I will continue to trade with just 1 lot until I cover my entire cost of first lot, and will try to keep 50% of cash always in reserve.

I will NOT post my trades during the day but consolidated list of all trades after the day.

Please feel free to suggest if you find any drawbacks in this strategy and wish me luck. Hope we all get a out with a profitable yet simple system to trade on any interval or any security.
Vikas, Your targets are small and reasonable and achievable!! Why not try some intraday strategy!!! One can avoid overnight whiplashes, though miss overnight in the direction movement!!! But with the Profit tgt we have , its better to trade intraday.
Just my $0.02!!
 

praveen taneja

Well-Known Member
#25
good sign of 80-100 points fall today....
:D:D:D:D
I love fantasy stories bro
any specific reason for this fall u expect???
As per I know most of FII CEO enjoying holiday at Goa and will b back tomm till then broker happy days are here again
 

NiftyFantasy

Well-Known Member
#26
:D:D:D:D
I love fantasy stories bro
any specific reason for this fall u expect???
As per I know most of FII CEO enjoying holiday at Goa and will b back tomm till then broker happy days are here again
Lagi bet.... nifty fair value for today should be around 4920-40 (see the other markets bro)... dollar is still inching upward now @76.13 near at todays high..if it coress 77.50 then we will see good selloff across the world, dow future is also struggling @ -20, all asian markets are continues down from last 3-4 days..AUR KYA CHAHIYE MERE BHAI.... ITNE PAR TO -100 BANTA HI HAI...
But it is possible that this selloff postpone for tomorrow...

BTW: My ID is also contains FANTASY... he he he he
 
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NiftyFantasy

Well-Known Member
#28
Just a distribution phase long or short fut will tell
I think this a short building area...but they are creating a bubble on IIP numbers to be announced tomorrow, and they know it very well what is inside the numbers and manipulating the markets... otherwise there is no reason for going upward against all other markets....a big game plan is taking place now...
 

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