NIFTY Futures Mechanical Trading

[nadodav]

NIFTY FUTURE For December 20,

Current position : SHORT (at 6074 on 13/12/2007)

Nifty Fut Closed at : 5778.38

Profit/(Loss) in current trade : +295.62 (as per last closing price)
Net Profit / (Loss) since thread started : +496.62 (201.00+295.62)

Support : 5744
Resistance : 5890

Hold SHORT positions with SL 5890. If trades above 5890, exit SHORT & go LONG with SL 5744.

Happy Trading !

Vinod

 

[robin027in]

Hi Mr Vinod
I Have One Basic Doubt
The Levels Of Trade U Give , R They For Nifty Spot Or Nifty Future?
Pl Let Me Know
Regards
Robin

 

[nadodav]

the levels are for nifty futures not spot

Hi Mr Vinod
I Have One Basic Doubt
The Levels Of Trade U Give , R They For Nifty Spot Or Nifty Future?
Pl Let Me Know
Regards
Robin

 

[666]

One can short Reliance on Dec 22 around 2750 level, there is still a lot of bull liquidation to go, reliance unlikely to sustain.
Today when Reliance was trading at 2748 I gave sell call to my friends and I myself sold at 2743 level.
Do not read much into current rally.
This is a low-volume rally that indicates that sellers are waiting for better levels, but there is no big-ticket buying.
As such, do not initiate aggressive longs.
Happy trading folks, and forgive my predictions that might turn out to be wrong.

 

[nadodav]

NIFTY FUTURE For December 24,

Current position : SHORT (at 6074 on 13/12/2007)

Nifty Fut Closed at : 5789.55

Profit/(Loss) in current trade : +284.45 (as per last closing price)
Net Profit / (Loss) since thread started : +485.45 (201.00+284.45)

Support : 5761
Resistance : 5832

Hold SHORT positions with SL 5832. If trades above 5832, exit SHORT & go LONG with SL 5761.

Nifty Fut.xls is updated in my first message.

Happy Trading !

Vinod

 

[nadodav]

NIFTY FUTURE For December 26,

Current position : LONG (at 5910 on 24/12/2007 - due to gap up opening)

Nifty Fut Closed at : 6007.05

Profit/(Loss) in current trade : +97.15 (as per last closing price)
Net Profit / (Loss) since thread started : +465.15 (365.00+97.15)

Support : 5848
Resistance : 6016

Hold LONG positions with SL 5848. If trades below 5848, exit LONG & go SHORT with SL 6016.

Happy Trading !

Vinod

 

[aabhi06]

Sir,
Nice prediction .Your Mechanical Trading method excellent.
Thanks.
Abhishek.

 

[nadodav]

NIFTY FUTURE For December 27,

Current position : LONG (at 5910 on 24/12/2007)

Nifty Fut Closed at : 6083.20

Profit/(Loss) in current trade : +173.20 (as per last closing price)
Net Profit / (Loss) since thread started : +538.20(365.00+173.20)

Support : 5986
Resistance : 6110

Hold LONG positions with SL 5986. If trades below 5986, exit LONG & go SHORT with SL 6110.

Happy Trading !

Vinod

 

[MaxBombay]

simply amazing. vinod you rock.

 

[puduags]

Dear Vinod,

What is NIFTY Future trading ?

How to trade in this one ?

What is the margin money is required for this ?

I am new to this. Can you please explain ?


Yours

puduags