Positional Call on Nifty Trade

[wiseowl]

BUY NOT RECOMMENDED

sell nifty if comes below 5973 with sl 6003 15 oct

 

[anup0212]

Significant amount of call writing observed in 6200 to 6500 CE and similarly 6000 and 6100 PE writing have seen huge put writing. So according to me this 6200 to 6000 is range what market is expecting. Now seeing on this line SGXNIFTY is showing 6200+ lvl right now so we will open gap up around our resistance area. so if NF spot holds this gap up then close your short else see if this momentum is loosing then hold your shorts simply....

 

[anup0212]

Last week On Friday a postional call intiated by us (me and Raj) , we have shorted NF FUT @ 6134 lvl and will hold this position till expiry or SL hitted. so I am placing a SL at 60 points. Depending upon your risk you could increase your SL > 60, please do not decrease SL as it is postional calls we will keep a little loner SL.

If anyone has intiated this shorted NF , now would be having 40 points profit ..so request to book 50% here and wait for NF spot around another 6050 lvl ...careful ard this level and close postion ard 6040/6050 lvl...

 

[anup0212]

close this short position at curent mkt 6110...cmp fut so 24 point gain...

 

[anup0212]

Nifty ended symmetrical triangle pattern ( bearish) i think 10 - 20 pts gap down on next trading session.but as there is a holiday i did not place my trade at the end of the day. What is ur view ?

Hi csayantan, I think right now we are weak bull so as long as 6050 lvl spot holds i think we will be moving up side. any close below 6050 will bring bears so better be on long side rather than short...

 

[anup0212]

Positional View: Seems market is setting a strong tone and yesterday move back from 6056 low to close at 6089. To me it seems currently shorting is not good point. Seems I was mentioning earlier in some other thread , we might see new high on or before 17 Oct so we are closely approaching there and NF Spot 52 week high is 6229 so I am expecting to see at atleast this lvl to be crossed, let see what happens in 2 days are we there or not...I might be wrong but this is market....see u all tomorrow.

 

[wiseowl]

Close long at 6080 - 185 points
short at 6079 - SL 6110 - 2 lots - book one lot at 6029

 

[msa5678]

Close long at 6080 - 185 points
short at 6079 - SL 6110 - 2 lots - book one lot at 6029

Are these spot values ?

 

[anup0212]

Risk Trade: Buy 1 lot of NF FUT @ 6110 to 6120 ...sl ...6070...tgt..6190/6210...lvl...all fut lvl

 

[anup0212]

Risk Trade: Buy 1 lot of NF FUT @ 6110 to 6120 ...sl ...6070...tgt..6190/6210...lvl...all fut lvl

if any one intiat e this call might be in 12 points profit...hold for tgt 6150 and 6190/6210 lvl all fut ....