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Nifty futures trading

Discussion in 'Technical Analysis' started by sainath85, Mar 28, 2013.

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  1. shabbir

    shabbir Administrator Staff Member

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    Exactly
     
    shabbir, Sep 2, 2013
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  2. krasquinha

    krasquinha Member

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    shabbir,

    can i short nifty now target 5300 ST 5580 (fut) . Please suggest.

    Regards,
    Kiran
     
    krasquinha, Sep 3, 2013
    Share #122
  3. sainath85

    sainath85 Member

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    We are in downtrend. Just short on every rise. We are in a bear market till election results.
     
    sainath85, Sep 3, 2013
    Share #123
  4. krasquinha

    krasquinha Member

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    thanks .. i am already in position from 5510 level .....
     
    krasquinha, Sep 3, 2013
    Share #124
  5. shabbir

    shabbir Administrator Staff Member

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    Yes and short in spikes in the leg down and not in the leg up
     
    shabbir, Sep 3, 2013
    Share #125
  6. chequesuraj

    chequesuraj Member

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    Shabbir,

    hmmm..

    Pls explain..."Yes and short in spikes in the leg down and not in the leg up"
     
    chequesuraj, Sep 3, 2013
    Share #126
  7. shabbir

    shabbir Administrator Staff Member

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    Leg down in Spike is \

    So if Spike is /\ then you should be shorting when you see \ and not in /

    Am I clear?
     
    shabbir, Sep 3, 2013
    Share #127
  8. chequesuraj

    chequesuraj Member

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    Yes....thanks...Sir
     
    chequesuraj, Sep 4, 2013
    Share #128
  9. krasquinha

    krasquinha Member

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    Can i short nifty fut at 5700 levels ... with ST 5750 .... target 5550
     
    krasquinha, Sep 6, 2013
    Share #129
  10. shabbir

    shabbir Administrator Staff Member

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    Not now but let the spike dizzle and let the leg down get started
     
    shabbir, Sep 6, 2013
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  11. krasquinha

    krasquinha Member

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    thanks Shabbir ..
     
    krasquinha, Sep 6, 2013
    Share #131
  12. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Sep 7, 2013
    Share #132
  13. monilhathi

    monilhathi New Member

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    Shabbir, how to know if this is a short covering/long trap? The volumes are building up now and NIFTY has gapped up as well, so should it not be a new bull run?
     
    monilhathi, Sep 8, 2013
    Share #133
  14. shabbir

    shabbir Administrator Staff Member

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    May be but then still I don't see a base being formed and so bull runs cannot come without a bottom being formed.
     
    shabbir, Sep 8, 2013
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  15. krasquinha

    krasquinha Member

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    I think Daily divergence worked ... nifty is 5900 fut ...
     
    krasquinha, Sep 10, 2013
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  16. krasquinha

    krasquinha Member

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    I think Daily divergence worked ... nifty is 5900 fut ...
     
    krasquinha, Sep 10, 2013
    Share #136
    shabbir likes this.
  17. krasquinha

    krasquinha Member

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    Hi Shabbir,

    What is your view on nifty ... ?

    Regards,
    Kiran
     
    krasquinha, Sep 10, 2013
    Share #137
  18. shabbir

    shabbir Administrator Staff Member

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    It is bouncing nicely.
     
    shabbir, Sep 10, 2013
    Share #138
  19. krasquinha

    krasquinha Member

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    Hi Shabbir,

    Is it the right time to short nifty for the target of 5720 , 5640 levels ??

    Regards,
    Kiran
     
    krasquinha, Sep 12, 2013
    Share #139
  20. shabbir

    shabbir Administrator Staff Member

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    Ideally yes but let us wait for one more trading session and how it unfolds.

    Remember the current peak should be your strict strict stop loss.
     
    shabbir, Sep 12, 2013
    Share #140
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