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NIFTY Intra-day plan - 21-May-08 |
daytrader007 White Belt
Joined: 09 Aug 2007 Posts: 170
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Post: #16 Posted: Wed May 21, 2008 12:15 pm Post subject: |
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unfortunately 5000 call SL got hit at 140. |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #17 Posted: Wed May 21, 2008 12:24 pm Post subject: |
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swdas,
ignore any comment not related to your trading analysis. Keep going on.
regards,
vin |
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tangotaurian White Belt
Joined: 18 Oct 2007 Posts: 30
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Post: #18 Posted: Wed May 21, 2008 12:25 pm Post subject: |
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swdas...over here its bit difficult to communicate wit u..can i have ur gmail or yahoo id?? |
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daytrader007 White Belt
Joined: 09 Aug 2007 Posts: 170
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Post: #19 Posted: Wed May 21, 2008 12:30 pm Post subject: |
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tango it would be difficult for me to handle in yahoo/gmail and one more thing be careful about your NF shorts |
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tangotaurian White Belt
Joined: 18 Oct 2007 Posts: 30
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Post: #20 Posted: Wed May 21, 2008 12:33 pm Post subject: |
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i dont have any position...whts ur view on nifty now...do we get any chance to short it or its one way up move till end?? |
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daytrader007 White Belt
Joined: 09 Aug 2007 Posts: 170
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Post: #21 Posted: Wed May 21, 2008 12:34 pm Post subject: |
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I will wait here. no new trade for me until market moves as per my thinking. let's wait!!
In case NF future crosses 5133, it will be positive reversal for NF as well. so higher targets can be expected as per reversal calculation. I will strictly wait for my trades.
Last edited by daytrader007 on Wed May 21, 2008 12:37 pm; edited 1 time in total |
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eagleseyes White Belt
Joined: 24 Aug 2007 Posts: 56
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Post: #22 Posted: Wed May 21, 2008 12:37 pm Post subject: |
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NICE SIR |
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eagleseyes White Belt
Joined: 24 Aug 2007 Posts: 56
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Post: #23 Posted: Wed May 21, 2008 12:40 pm Post subject: |
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Das sir instead of 5133 should not it be 5144...unless u are calculating fib levels..kindly guide.. i aslo was wary of shorting as Reliance was in the positive zone ..ur notes helped |
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daytrader007 White Belt
Joined: 09 Aug 2007 Posts: 170
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Post: #24 Posted: Wed May 21, 2008 12:48 pm Post subject: |
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eagle 5133 is high of NF yesterday. so after crossing 5133, it will retrace. where technically it would become a buy. as of now it has not crossed 5133.
Also NF future should not break 5090 now. which is trailing SL of longs. |
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tangotaurian White Belt
Joined: 18 Oct 2007 Posts: 30
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Post: #25 Posted: Wed May 21, 2008 12:50 pm Post subject: |
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okie...i`ll wait for it |
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gautammohapatra White Belt
Joined: 04 Mar 2008 Posts: 21
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Post: #26 Posted: Wed May 21, 2008 12:52 pm Post subject: |
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I have also been waiting for 5133 NF to be crossed. One question --- how do you assess target in such cases????? |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #27 Posted: Wed May 21, 2008 12:55 pm Post subject: |
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swdas, i am long from 5065 and 5086 with SL now 5095.
regards,
vin |
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daytrader007 White Belt
Joined: 09 Aug 2007 Posts: 170
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Post: #28 Posted: Wed May 21, 2008 12:59 pm Post subject: |
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vinst nice keep it up.
gautam, then as far as i know it would be yesterday;s high + length of yesterday's candle. mean 5133+(5133-5066). |
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gautammohapatra White Belt
Joined: 04 Mar 2008 Posts: 21
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Post: #29 Posted: Wed May 21, 2008 1:04 pm Post subject: |
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Thankyou very much SWDAS. This gives a very positive perspective. I was having a conservative target. I am learning.
Regards |
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daytrader007 White Belt
Joined: 09 Aug 2007 Posts: 170
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Post: #30 Posted: Wed May 21, 2008 1:08 pm Post subject: |
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gautam sir,
I did not mean that now NF has that target. i said after doing positive reversal, if NF takes proper support and takes out high again. then it will move for that target. as of now trailing SL of long 5090. it should not get broken. |
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