1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac

Whether the latest MTP v2.2 tool is useful?

  • YES. The tool helps to take safe positions using FLOW and Renko Charts

    Votes: 26 92.9%
  • NO. The tool is not useful

    Votes: 2 7.1%

  • Total voters
    28
  • Poll closed .

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Those who have not Gone Long at Lows, Do not be in a Hurry above 6030. Wait for the Clear Signals. The Fight at 6000 is till not Over.

Right now CEs are getting squared OFF. So book partial profits at 6030 levels and Wait for some pullback to take fresh positions.

6000PE has addedd the highest CHG in OI - Which is good for Bulls. But in 6100 CE / 6200 CE no positions.
 

jamit_05

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Amit, Can you explain how you are saying 6000CE started breaking?
Up until now both sides CE and PE were increasing OI... but after 6019 6000CE fell from above 7L to 6.7L.... but PE did not... still maintaining 10L plus.
 
todays market

Hi friends,
Today is good day, market reach up to 20000+ and it will also reach up to 21000 may be in future.

what you will suggest for market up?
yes no:

:clap::clapping::thumb::sos:
 

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Up until now both sides CE and PE were increasing OI... but after 6019 6000CE fell from above 7L to 6.7L.... but PE did not... still maintaining 10L plus.
That might be because of profit booking in 6000CE. (Those who bought 6000CE might be booking their profits).

My opinion is for market to move UP beyond 6030, Positions need to be made in 6100 CE / 6200 CE. But there are huge positions in 6000 PE suggesting that the BULLs are still not SAFE and they are still fighting to SAVE 6000.

Anyway the results will be seen live 2:15 PM.
 

healthraj

Well-Known Member
Re: todays market

Hi friends,
Today is good day, market reach up to 20000+ and it will also reach up to 21000 may be in future.

what you will suggest for market up?
yes no:

:clap::clapping::thumb::sos:
6000 is a very crucial level. So it will not break so easily. Wait for another couple of days to consolidate. If you are a positional trader then you can buy at current levels.
 

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

That might be because of profit booking in 6000CE. (Those who bought 6000CE might be booking their profits).

My opinion is for market to move UP beyond 6030, Positions need to be made in 6100 CE / 6200 CE. But there are huge positions in 6000 PE suggesting that the BULLs are still not SAFE and they are still fighting to SAVE 6000.

Anyway the results will be seen live 2:15 PM.
In the Last minute the BEARS are making positions at 6200CE. the MAX CHG in OI at 6000-6200 pair now. So Hopefully the Naked Postional Calls taken around 6030 should give Profits
 

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