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Daily Tryst with Nifty

Discuss Daily Tryst with Nifty at the Trading Diary within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Continuing from Nifty Futures Thread... This thread will be all about freestyle intraday trading of ...


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Old 16th June 2009, 10:34 AM
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Default Daily Tryst with Nifty


Continuing from Nifty Futures Thread...

This thread will be all about freestyle intraday trading of Nifty: Pivots in 1min/5min charts, RSI divergence trading, 20SMAs in 5min, Bollinger Bands in 5min, S/R levels, chart patterns, etc.
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Old 16th June 2009, 10:35 AM
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Default Re: Daily Tryst with Nifty

Quote:
Originally Posted by Sunil View Post
Case 2 triggered today; ie the neck of the Inv H&S broke, but the breakout is apparently a failure.
Sticking my neck out in front of bulls & stating that this means a target of 4585-160/180pts = around 4425/4405

I have taken suitable bearish position using options...

(personal view, which may be proved wrong by market)
Part 1 done...

bringing 20DMA into pic after a long time - coincides with the target of 4425
http://www.traderji.com/futures/2558...tml#post322052
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  #3  
Old 16th June 2009, 10:36 AM
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Default Re: Daily Tryst with Nifty

a new high above 4470 NF confirms HH HL in 1min
More TBQs are supporting 20DMA since open.
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Old 16th June 2009, 10:49 AM
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Default Re: Daily Tryst with Nifty

Gap down now covered at NF 4481
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Old 16th June 2009, 10:49 AM
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Default Re: Daily Tryst with Nifty

All the best sunil bhai ....
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Old 16th June 2009, 10:50 AM
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Default Re: Daily Tryst with Nifty

Nifty finally fills the intraday gap @ 4471.. and nifty futures @ 4481 though i was out of longs a bit earlier @ 4466 futures..

Now using yesterday's low + filter as short stop... that is near 4490..
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Old 16th June 2009, 10:53 AM
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Default Re: Daily Tryst with Nifty

Dear Sunil,nice to see u in traderji though in another thread.do not become sad "naki kar aur daria mein dal"
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Old 16th June 2009, 10:55 AM
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Default Re: Daily Tryst with Nifty

Quote:
Originally Posted by myvineet View Post
All the best sunil bhai ....
This thread would remain incomplete w/o the support of friends/well-wishers like you, Arnav, TrendPlayer,Murtuza, Rinku4142, terminator_123 & others...

Last edited by Sunil; 16th June 2009 at 11:05 AM.
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  #9  
Old 16th June 2009, 10:59 AM
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Default Re: Daily Tryst with Nifty

Each prev. Higher Low now becomes the trailing stop...

Quote:
Here is today's Nifty Future's 1min chart. With help of these HH HL & LH LL you can see for yourself the trade entries & exits:

http://www.traderji.com/beginners-gu...tml#post320550
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Old 16th June 2009, 11:11 AM
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Default Re: Daily Tryst with Nifty

HOD broken ...


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