Trading Nifty without Nifty

ajeetsingh

Well-Known Member
#1
In past few days I started trading Nifty without nifty future.
That is watching movement of Nifty but taking position
in one/two/three stocks of nifty instead of buying/selling nifty future.

I feel, I have better command on stocks rather than index
so lets see how it performs in coming future

This thread is only for the purpose of some betterment of trades
which I will post after execution and completion.
Usually I don't trade daily but still I am
Looking for a return of 50% in a year.

My past history has improved much, with better understanding for Index
My early trades of trading life were disasters...
then i got trapped in stocks calls providers net and lost much in their fees
Then begun my learning period and I started recovering my loss...

For past 2-3 years, I wanna take trading as my full time carrier
but didn't got that much confidence yet.
For my history, you can visit my thread in other forum by googling:
trading/216236
I cant post link here as its against forum rules.

All trades posted here are Intraday
and logic behind every trade is only and only
Support and Resistance
this is the area where I am constantly studying...

Thank You
 

TradeOptions

Well-Known Member
#3
All the best Ajeet bhai :thumb:
 

sreperu

Active Member
#4
All the best. Please post the charts for better understanding

Sent from my Lenovo K50a40 using Tapatalk
 

ajeetsingh

Well-Known Member
#6
BankNifty Future

R1=19235, R2=19330, R3=19475 (for this stay abv R2 must for 15 min)
S1=19050, R2=18950, R3=18700 (for this stay blw S2 must for 15 min)



Nifty Future

I am more biased towards shorting Nifty
R1=8110, R2=8130, R3=8165 (if it stays abv R2)
S1=8070, S2=8050, S3=8015, S4=7990 (for me 8050 is crucial support)
 

ajeetsingh

Well-Known Member
#8
BankNifty Future

R1=19100, R2=19185, R3=19350 (for this stay abv R2 must for sometime)
I will be again cautious at higher levels
S1=18900, R2=18800, R3=18620 (for this stay blw S2 must for sometime)
If fear for BNF then try luck in PNB and watch level of 146



Nifty Future


R1=8100, R2=8125, R3=8165 (if it stays abv R2)
At higher levels think twice before buying
S1=8050, S2=8030, S3=7975, S4=7925 (for me 7925 is crucial support)
Major hurdles are 8170 at higher and 7925 at lower.
 

ajeetsingh

Well-Known Member
#9
Today Resistance at 8100 and high was 8109
After opening it instantly started falling so shorted at market price
at 8079.60 after watching 2-3mins
booked 8050
***I will Never post screenshot of Nifty/Stock future trade as it's traded with friend and in his account.
Trades in cash are also in collaboration but they are in my account

Gain: 29 points
Total since 18 Nov 2016= 49 points

As nifty was falling so took 2 more short trades in cash although risk was high...

 

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