Nifty

now long in nifty Oct ce 6400 @ 70

 

i was trying to cover it 72 but something went wrong with ventura and it was not accepting trade any how good profit.leased:

 

Nifty Spot @ 5945 didn't expect this much should come back above 5950 or else ready for 5800 as I said.

 

Where is Fed now, just ask those so called experts who were barking that nifty will go up and will make new high till today morning.

Just make your decision on your own theory not because those experts are saying.

Now they will start saying it go down retail investor are not getting anything and so on..............

Reagard,
Sanjay sansanwal

 

Nifty Spot above 5950, it should hold this level or else we will see drastic downfall till 5800.

 

Added lot now average price is 61.92

 

1 gap is filled by nifty now 2 gaps are remaining what are other's view will it go to fill those now?
My view is NO, It won't at least not in a month.

Share your views.

Regards,
Sanjay sansanwal

 

I think again the downfall will start from here CMP 6038 future .... target 5850 .....

 

below 5950 nifty spot will drag more down dear but I don't think it go beyond that.

 

Sanjay,

you are bearish on market and you still have long position

 

yeah because it has done what I was expecting and still I am bearish but trading for pull back.

 

That is y I said fast decisions if trading in options, may be I will take pe also to hedge.

 

Hi Sanjay,

what is ur view on nifty for short term ? whether it will test 6088 level and again fall .... ?

Regards,
Kiran

 

It should test at least 6050 what I expect and if close above that then may be this rally sustain after some consolidation but below 5950 very weak.

 

covered 1 lot @ 57 which I bought @ 45.75 now again average price is 70.

 

closed @ 57 went up till 59 my limit bid price was 60 which I modified to 57 just 3 min. before the market close.
perator: perator: BINGO

 

Trades which I initiated today.
By this you can easily find out how fast you should react to market if trading in options and sometime you have to trade in both side up and down together.

Please only skill traders should follow this, new comers avoid this as it can make you out of market.

Happy Trading.
Regards,
Sanjay sansanwal.
perator:perator:

 

Thursday was dream of stock market players, Friday was reality after RBI police.
Let's see who will win?
5800 is very strong support and 6150 is strong resistance.
If dream wants to win then nifty has to cross 6150 level and sustain above for 2-3 days.
If Reality will be winner then nifty have to breach 5800 and then run down like anything.

According to me stock market likes reality.
Let's wait & watch.

 

sanjay,

if it breaks 5800(spot) level then there is one more support around 5670 levels ...then 5550 levels .. pls correct me if i am wrong ..

Regards,
Kiran

 

As I said market likes reality and result you can see on Nifty @ opening, down by 50 points, till now I am holding my long cause it is taking support of 5950.