1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac
- Thread starter healthraj
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Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Whenever triangle formation exists we have to look what has been previous trend.In this case it was up from 5567 (June 24) to 5900(July 1) hence when triangle formation got completed yesterday breakout happens on previous hourly trend which was up.
Whenever triangle formation exists we have to look what has been previous trend.In this case it was up from 5567 (June 24) to 5900(July 1) hence when triangle formation got completed yesterday breakout happens on previous hourly trend which was up.
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
As planned last Friday, Let us close the Pairs today
5800-6100, The risky pair has given the most profit.
98-65 = 34 points
5700-6000
88-72=16 points
5700-6000 Pair can still give at least 20 points. Otherwise can close now. But there is no hurry, because Operators are selling 5900PE-6000CE pair.
So our pairs can give more profit during the second half of the day.
There is heavy squaring off happening in CALLs.
As planned last Friday, Let us close the Pairs today
5800-6100, The risky pair has given the most profit.
98-65 = 34 points
5700-6000
88-72=16 points
5700-6000 Pair can still give at least 20 points. Otherwise can close now. But there is no hurry, because Operators are selling 5900PE-6000CE pair.
So our pairs can give more profit during the second half of the day.
There is heavy squaring off happening in CALLs.
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Those who have taken 5800-6100 pair can close it around 5930-5940.
Those who have taken 5700-6000 pair can wait for a reversal at 5940 and close around 5905.
With Infy results tomorrow, the second half will be very volatile so try and close the positions before Europe opening.
Those who have taken 5800-6100 pair can close it around 5930-5940.
Those who have taken 5700-6000 pair can wait for a reversal at 5940 and close around 5905.
With Infy results tomorrow, the second half will be very volatile so try and close the positions before Europe opening.
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Options update at 9:45 AM
MAX CHG in OI at 5800-6200 Pair. At 9:30 it was at 5900-6300.
Which indicates profit booking or Operators taking positions and premium eating...
All the CALLs are getting squared OFF. 11L
And there is Heavy SHORTs getting created. 21L
So unless positions get created in CE, this market is set for another big correction. But we have to see the positions at later part of the day.
But it is better to be Cautious on LONGs above 5930-5940.
Options update at 9:45 AM
MAX CHG in OI at 5800-6200 Pair. At 9:30 it was at 5900-6300.
Which indicates profit booking or Operators taking positions and premium eating...
All the CALLs are getting squared OFF. 11L
And there is Heavy SHORTs getting created. 21L
So unless positions get created in CE, this market is set for another big correction. But we have to see the positions at later part of the day.
But it is better to be Cautious on LONGs above 5930-5940.
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