Traderji.com - Discussion forum for Stocks Commodities & Forex

Daily Tryst with Nifty

Discuss Daily Tryst with Nifty at the Trading Diary within the Traderji.com - Discussion forum for Stocks Commodities & Forex; unusual request, but for NR4-2 / NR7's sake - hoping that 4405 does not turn ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > METHODS & STRATEGIES > Trading Diary


Trading Diary Share and discuss your trading strategies and trades.


Advertise Here

Reply
 
Thread Tools
  #371  
Old 3rd July 2009, 02:15 PM
Sunil's Avatar
Member
 
Join Date: Feb 2008
Location: NSE, Bombay
Posts: 5,515
Thanks: 1,952
Thanked 4,690 Times in 1,868 Posts
Sunil has a reputation beyond repute
Sunil has a reputation beyond reputeSunil has a reputation beyond reputeSunil has a reputation beyond reputeSunil has a reputation beyond reputeSunil has a reputation beyond reputeSunil has a reputation beyond reputeSunil has a reputation beyond reputeSunil has a reputation beyond reputeSunil has a reputation beyond reputeSunil has a reputation beyond reputeSunil has a reputation beyond repute
Default Re: Daily Tryst with Nifty


unusual request, but for NR4-2 / NR7's sake -
hoping that 4405 does not turn up on screen
Reply With Quote
Sponsored Links
  #372  
Old 3rd July 2009, 02:58 PM
praveen taneja's Avatar
Member
 
Join Date: Jul 2008
Location: delhi
Posts: 9,730
Thanks: 4,629
Thanked 6,716 Times in 3,644 Posts
praveen taneja has a reputation beyond reputepraveen taneja has a reputation beyond repute
praveen taneja has a reputation beyond reputepraveen taneja has a reputation beyond reputepraveen taneja has a reputation beyond reputepraveen taneja has a reputation beyond reputepraveen taneja has a reputation beyond reputepraveen taneja has a reputation beyond reputepraveen taneja has a reputation beyond repute
Default Re: Daily Tryst with Nifty

Quote:
Originally Posted by Sunil View Post
unusual request, but for NR4-2 / NR7's sake -
hoping that 4405 does not turn up on screen
yes very unusual from u bro but its for NR-4/NR-7 Thats good
Reply With Quote
  #373  
Old 3rd July 2009, 05:24 PM
stocks.murtaza's Avatar
Member
 
Join Date: Nov 2008
Location: Kolkata
Posts: 2,158
Thanks: 3,782
Thanked 3,268 Times in 1,033 Posts
stocks.murtaza has a reputation beyond repute
stocks.murtaza has a reputation beyond reputestocks.murtaza has a reputation beyond reputestocks.murtaza has a reputation beyond reputestocks.murtaza has a reputation beyond repute
Default Re: Daily Tryst with Nifty

Thread Members,

View Point required :-

Quote:
Originally Posted by lancer View Post
Hi Nishikant,

NF ends the day and the Week at 4424, higher than your weekly resistance level of 4410. What next ? 4600 > 4789 > 4947.

Lancer.
Do not want to be a dampener but I think

Buy on rumours -- Already happened
Sell on news --- Waiting to happen



Trade safe on Monday .. Brothers .... Don't get carried away

Carried away to where .....
Reply With Quote
  #374  
Old 4th July 2009, 02:43 AM
Member
 
Join Date: Oct 2007
Location: Delhi
Posts: 591
Thanks: 171
Thanked 290 Times in 134 Posts
arnav_rulz is a jewel in the rougharnav_rulz is a jewel in the rougharnav_rulz is a jewel in the rougharnav_rulz is a jewel in the rough
Default Re: Daily Tryst with Nifty

Quote:
Originally Posted by Sunil View Post
since i have this options excel calculator ready:
if, on 30-July-09, Nifty settles ANYWHERE between 3600 & 5000, you will end in profit (the same 70 pts of initial credit).
Cake = 3800 / 4800
Icing on cake = 4900

Infact, if u wanna increase your profit, sell 1 more lot of the same put & call (instead of 3, sell 4) and so on
I agree.. Above 5000 or below 3600 (though unlikely it will reach thr) The risk is toooo high..

In Both the strategies i have taken.. I play to square off trades before the expiry or If i feel prices are coming nearer to my break even point..
Cant take a lot of risk man..

Boond boond se samundar banana chahta hoon !!
Reply With Quote
  #375  
Old 4th July 2009, 02:58 PM
stocks.murtaza's Avatar
Member
 
Join Date: Nov 2008
Location: Kolkata
Posts: 2,158
Thanks: 3,782
Thanked 3,268 Times in 1,033 Posts
stocks.murtaza has a reputation beyond repute
stocks.murtaza has a reputation beyond reputestocks.murtaza has a reputation beyond reputestocks.murtaza has a reputation beyond reputestocks.murtaza has a reputation beyond repute
Default Re: Daily Tryst with Nifty

Here's a different perspective by someone at the thread.

Nice.

Let's see where we end this month .....

Quote:
Originally Posted by krishnanravi2009 View Post
Hi All

Sensex Monthly chart for the week ending JULY3 2009.

Reply With Quote
  #376  
Old 4th July 2009, 09:03 PM
rajuwaste's Avatar
Member
 
Join Date: Jun 2007
Posts: 245
Thanks: 41
Thanked 42 Times in 31 Posts
rajuwaste will become famous soon enough
Default Re: Daily Tryst with Nifty

Hi friends,
Due to some personal reason I could not post for the past few days.I know sunil has started this new thread and most of the friends from "Nifty Futures Trading " are posting in this thread.Whatever may be the reason for creation of the new thread I will join wherever sunil goes.Because there may be lot of smart people in this site like saint.But sunil was helping me initial time of my presence in this site.Thank you for your interest in my post particulary stocks.murtaza & sunil.Don't worry I will join you soon.

Reply With Quote
  #377  
Old 4th July 2009, 10:31 PM
lazytrader's Avatar
Member
 
Join Date: May 2009
Posts: 1,125
Thanks: 796
Thanked 1,663 Times in 614 Posts
lazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant future
Default Re: Daily Tryst with Nifty

Quote:
Originally Posted by Sunil View Post
unusual request, but for NR4-2 / NR7's sake -
hoping that 4405 does not turn up on screen
Hi sunil, can you tell me what is difference between NR4 and "NR4-2" you have ementioned in the post?

I have heard people mention NR7 and NR5. Have you found NR4 significant. Strangely I too was hoping for a NR day. I have noticed you use excel and pivots which I too use (since I don't have any advanced charting software). Hoping you can provide some insight based on your trading experience since I am fairly new to trading.
Reply With Quote
  #378  
Old 4th July 2009, 10:36 PM
Member
 
Join Date: Oct 2008
Location: New Delhi
Posts: 1,394
Thanks: 794
Thanked 1,741 Times in 754 Posts
ankitgarg20 has a brilliant futureankitgarg20 has a brilliant futureankitgarg20 has a brilliant futureankitgarg20 has a brilliant futureankitgarg20 has a brilliant futureankitgarg20 has a brilliant futureankitgarg20 has a brilliant futureankitgarg20 has a brilliant futureankitgarg20 has a brilliant futureankitgarg20 has a brilliant futureankitgarg20 has a brilliant future
Default Re: Daily Tryst with Nifty

Quote:
Originally Posted by lazytrader View Post
Hi sunil, can you tell me what is difference between NR4 and "NR4-2" you have ementioned in the post?

I have heard people mention NR7 and NR5. Have you found NR4 significant. Strangely I too was hoping for a NR day. I have noticed you use excel and pivots which I too use (since I don't have any advanced charting software). Hoping you can provide some insight based on your trading experience since I am fairly new to trading.
When 2 NR4 days occur one after another, the second day is known as NR4-2 day.
Example:

Day Range
1 85
2 110
3 97
4 78 (NR4day)
5 65 (NR4-2 day)

NR4-2 day may or may not be NR5(if I am correct)

Happy Trading

PS: I hope you wont mind me answering this instead of sunil sir. Wud request sunil sir to please correct me if I am wrong
Reply With Quote
The Following 2 Users Say Thank You to ankitgarg20 For This Useful Post:
lazytrader (4th July 2009), Sunil (5th July 2009)
  #379  
Old 4th July 2009, 11:46 PM
lazytrader's Avatar
Member
 
Join Date: May 2009
Posts: 1,125
Thanks: 796
Thanked 1,663 Times in 614 Posts
lazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant futurelazytrader has a brilliant future
Default Re: Daily Tryst with Nifty

I definitely don't mind anyone aswering...

Well, if you have a NR4 day right after a NR4 day then the second day would have to have a range narrower than the previous day (NR4-1) with the previous day being the narrowest for the past 4 and and the current (NR4-2) bring the fifth day would be a NR5 always. Atleast that's what it looks like to me... unless there is a statistical significance of 2 NR4 days as opposed to a NR5.
Reply With Quote
  #380  
Old 5th July 2009, 10:29 AM
Member
 
Join Date: Oct 2007
Location: Delhi
Posts: 591
Thanks: 171
Thanked 290 Times in 134 Posts
arnav_rulz is a jewel in the rougharnav_rulz is a jewel in the rougharnav_rulz is a jewel in the rougharnav_rulz is a jewel in the rough
Default Re: Daily Tryst with Nifty

Quote:
Originally Posted by stocks.murtaza View Post
Thread Members,

View Point required :-

Do not want to be a dampener but I think

Buy on rumours -- Already happened
Sell on news --- Waiting to happen
But if the rumour is on the negative side then should we..

Sell on rumours and buy on news :O


Reply With Quote
The Following User Says Thank You to arnav_rulz For This Useful Post:
praveen taneja (5th July 2009)
Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT +5.5. The time now is 03:48 AM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum/site.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2010, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com