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NIFTY Intra-day plan - 21-May-08
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Author NIFTY Intra-day plan - 21-May-08
daytrader007
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Post: #16   PostPosted: Wed May 21, 2008 12:15 pm    Post subject: Reply with quote

unfortunately 5000 call SL got hit at 140. Sad
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vinst
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Post: #17   PostPosted: Wed May 21, 2008 12:24 pm    Post subject: Reply with quote

swdas,

ignore any comment not related to your trading analysis. Keep going on.

regards,
vin
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tangotaurian
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Post: #18   PostPosted: Wed May 21, 2008 12:25 pm    Post subject: Reply with quote

swdas...over here its bit difficult to communicate wit u..can i have ur gmail or yahoo id??
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daytrader007
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Post: #19   PostPosted: Wed May 21, 2008 12:30 pm    Post subject: Reply with quote

tango it would be difficult for me to handle in yahoo/gmail Sad and one more thing be careful about your NF shorts
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tangotaurian
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Post: #20   PostPosted: Wed May 21, 2008 12:33 pm    Post subject: Reply with quote

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
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Post: #21   PostPosted: Wed May 21, 2008 12:34 pm    Post subject: Reply with quote

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
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Post: #22   PostPosted: Wed May 21, 2008 12:37 pm    Post subject: Reply with quote

NICE SIR
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eagleseyes
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Post: #23   PostPosted: Wed May 21, 2008 12:40 pm    Post subject: Reply with quote

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 Very Happy ..ur notes helped
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daytrader007
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Post: #24   PostPosted: Wed May 21, 2008 12:48 pm    Post subject: Reply with quote

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
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Post: #25   PostPosted: Wed May 21, 2008 12:50 pm    Post subject: Reply with quote

okie...i`ll wait for it
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gautammohapatra
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Post: #26   PostPosted: Wed May 21, 2008 12:52 pm    Post subject: Reply with quote

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
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Post: #27   PostPosted: Wed May 21, 2008 12:55 pm    Post subject: Reply with quote

swdas, i am long from 5065 and 5086 with SL now 5095.
regards,
vin
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daytrader007
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Post: #28   PostPosted: Wed May 21, 2008 12:59 pm    Post subject: Reply with quote

vinst nice Smile 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
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Post: #29   PostPosted: Wed May 21, 2008 1:04 pm    Post subject: Reply with quote

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
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Post: #30   PostPosted: Wed May 21, 2008 1:08 pm    Post subject: Reply with quote

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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