Nifty Key levels for day traders

[linkon7]

panic short covering..... love it when this happens...!

closing strategy:

Buy 4900 calls

or sell 4800 put...

 

[findvikas]

This reminds me of newton's law... To every action there is an equal and opposite reaction...

4800PE @ 44 is not a bad deal... but they shouldn't have done that

 

[charts trader]

my Gann projected price to 5054 still good.

 

[linkon7]

The market will continue to be dull, listless and ranged, not going anywhere, says Ashu Madan of Religare Securities on NDTV Profit. One can wait on the sidelines with cash as the negative bias in the market could lead to a fall, when one can buy, he adds.

some of these analyst deserves a gold medal for getting it wrong all the time...

 

[itprodeepak]

some of these analyst deserves a gold medal for getting it wrong all the time...

Very well said Linkon Bhai.. They deserve a gold medal for being so consistent. :clap::clap::rofl::rofl:

 

[linkon7]

4915 is the trend decider....

4930 is the breakout level...

 

[linkon7]

4910 is the 38% retracement of the fall...

Waiting for 4915 to break to enter long...

 

[PGDIMES]

4910 is the 38% retracement of the fall...

Waiting for 4915 to break to enter long...

Is it intraday or positional?

 

[linkon7]

Is it intraday or positional?

intraday...
Only when strength is visible, i carry positions...
positional trades i decide towards the end of the day....last 10-15 min only...

 

[varun2504]

Hello
i was short at 4908 and stop loss hit 4924

can i go long now

what should i do ?

any suggestions ......................