Nifty Futures Positional Trading

oilman5

Well-Known Member
"I lose, I recover, with a little profit" is the cycle I am in. Every turn-around leaves me with a little more clarity.

:)
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i am in the same cycle brother. The moment i think after down thrust , it may continue - ACTUALLY it moves up.The moment i think after upthrust , it may continue - ACTUALLY it moves down.So analysis = i am wrong.
i say volatility= means i dont know.
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regards
 

jamit_05

Well-Known Member
Will take short positions in July series below 7487 Spot. There are several ways to do get into the short positions. I will use 15min intraday pivots for entry. And some common-sensical rules for SL. If trend turns bearish, will take profit as the fall deepens. First target on Daily Spot is 7100.
 

jamit_05

Well-Known Member
Cannot ignore the fact that currently highest Open Interest is being added in 7000 PE. So, if I end up taking short position (at break of 7488) then my first exit point will be Nifty Spot 7000.
 

jamit_05

Well-Known Member
Short entry failed today. Tomorrow, will seek to go long above today HOD break or short below LOD break... but not both. Am biased towards longs, cuz some pullback after a 350 points fall is expected. Option table show a ceiling of 80CE on the upside.
 

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