Nifty Future 5min Ambush Style-Live

[myvineet]

i got long with one lot...in nifty

now if it brake 12.00 bar low then it may give good move down as event is out of way....

 

[hitesh05]

if dere is more den 1 failure ... the pattern is weak...better lukout fr sumthin else.....lots of other trades to take....its nt worth taking...coz view is nt clear....

Thanks Neeraj......plz teach us something about patterns...and how to trade them..

 

[ThE HaMmEr]

YEA VIN...IIP for May 2009 at 2.7% compared to 1.4% in April 2009.

hoping fr a trending move now......

booked some in axis...stops at BE now...

 

[ThE HaMmEr]

Thanks Neeraj......plz teach us something about patterns...and how to trade them..

dun hav ne theory or fixed targets and entry points as we hav with patterns...

trading as we r trading the 5 minutes....just drawing some tl .. triangles mosly i see easily.....and trading dem using pivots....as these triangles are mostly congestion zones....with big moves to come after dey r complete.....

i shall try to post some charts and trades whenever i get time.....

picture worth 1000 words.... shall do it friend...

 

[ThE HaMmEr]

tl testing in axis...

 

[myvineet]

i think axis & kotak gives good moves then nifty ..

if for MM anybody can't trade BNF ,then he can try axis & kotak in cash....

 

[ThE HaMmEr]

absolutely vin.....stocks r much better ....even i dun trade nf....

play in cash....with mm....coz mm is the main thing.....u can choose to trade worth 50k even.. taking small risk...small losses.....

and trailing stops in nice trades with adds....its as easy as dat....

 

[myvineet]

neeraj , recap is in good flow....

 

[pleaseharsh]

.....................

 

[ThE HaMmEr]

will take rcap over the high...again a triangle..

rcap doin gud.....tested tl.....and blast.... stops very near to BE.... a free trade...