Umapathi,
Stay away from F&O till you achieve success in cash market. Mean time polish technical's, without which it is impossible to survive. Or as EKAM says, your capital will vanish in a jiffy.
Abe
From: sharetrading@
Sent: Friday, January 01, 2010 7:53 PM
To: sharetrading@
Subject: Re: [sharetrading] BTST NIFTY
Dear Umapathi Rao ji
I am neither good at technicals or fundamentals, but by experience only I get into F & O trade that too very very sparingly. As you might know that it has been stated that Derivatives are weapons of wealth destruction.
Regarding the trade I posted the recommendation was around 5180 the stop loss suggested was 5160, almost at the end of the day I found that 5160 was not getting tested and was finding support close to 5163 then I placed the order at MARKET and the same was executed at my entry level. The next day in the morning itself I have placed the order at 5210 as I felt that the market may go or not go to 5220 level and i was confident for some strange reason that the market will not go below the 5145 levels so no stop loss was taken.
Hope i have made things clear.
regards
ekamber
----- Original Message -----
From: Umapathi Rao Nama
Sent: Friday, January 01, 2010 4:21 PM
Subject: Re: [sharetrading] BTST NIFTY
Dear Ekamberji,
Will you please guide me, in knowing the Technical tools and Software that you generally rely upon for arriving at entry and exit levels in Nifty day trading.
I observe that the entry level that you have chosen(5167.
55), was well below the entry level (5180) recommended and which is quite interesting to know the methods you followed to enter the trade, and there from I would like to learn . With Warm Regards,
Umapathi Rao
From: ekam ber <ekamber@gmail.
com>
To: sharetrading@yahoogroups. com
Sent: Thu, 31 December, 2009 5:11:43 PM
Subject: Re: [sharetrading] BTST NIFTY
thank you dear i entered and exited at 5167.55 & 5210
Wish you all a happy new year
ekamber
----- Original Message -----
From: Vbhn Advisory
Sent: Thursday, December 31, 2009 10:36 AM
Subject: Re: [sharetrading] BTST NIFTY
NIFTY MADE DAY'S HIGH OF 5218.90....
OUR TARGET WAS 5220...START BOOKING PROFIT OR HOLD WITH 5200 AS TRAILING SL
Regards,
VBHN Advisory
--- On Wed, 30/12/09, Vbhn Advisory <vbhn_advisory@ yahoo.in> wrote:
From: Vbhn Advisory <vbhn_advisory@ yahoo.in>
Subject: [sharetrading] BTST NIFTY
To: SHARETRADING@ YAHOOGROUPS. COM
Date: Wednesday, 30 December, 2009, 9:22 AM
BTST NIFTY FUTURE 5180 SL 5160 TGT 5220
Regards,
VBHN Advisory
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