Mudraa.com

Home


Buy & Sell Cars at CarBHP.com


Topic: Futures & Options

View Profile

My System - Daily Updates {For 30th July 2010}

From : Shekhar Verma at 08:24 PM - Jul 29, 2010 (19 months ago)
Total Views: 454
Hi All,

According to behaviour of the Markets on 29th July 2010, the Calls & FollowUp from My System are as follows :-

FOR 30th JULY 2010

MY NEW SYSTEM {FUTURES ONLY}

NIFTY : My System is LONG from 5300 (8th July 2010).  TOTAL PROFIT SINCE 10th JUNE = 140 Pts.  SAR is at 5380.

MY OLD SYSTEM {SPOT ONLY}

NIFTY : My System is LONG from 5280 (6th July 2010).  TOTAL PROFIT SINCE 8th JANUARY = 940 Pts.  SAR is at 5380.

IMPORTANT
  • Rules to Follow My System are amended a bit.  Now NO NEED TO WAIT FOR 5-10 MINUTES AFTER THE "SAR" IS HIT, simply reverse your position whenever the SAR hits.
shekhar



In Reply to above Message (1 to 7 out of 7) -- Latest Replies are put on Top | First | << Previous | Next >> | Last |

View Profile
From : Shekhar Verma at 11:44 AM - Jul 31, 2010 (19 months ago)


On Friday the 30th July 2010, SAR was hit in Nifty both in My NEW System as well as in My OLD System.

Now My NEW System is SHORT in Nifty at 5380. 
Profit earned during this period = 80 Points. 
TOTAL PROFIT SINCE 10th JUNE = 220 Points.

Now My OLD System is also SHORT in Nifty at 5380.
Profit earned during this period = 100 Points.
TOTAL PROFIT SINCE 8th JANUARY = 1040 Points.





View Profile
From : Sim Stanley at 01:31 PM - Jul 30, 2010 (19 months ago)


seems the rangebound trading to come to end in a week's time from your words





View Profile
From : Umakanta Dash at 12:58 PM - Jul 30, 2010 (19 months ago)


5380-5430 range seen fixed and if breaks and close above or below these levels direction has to be followed. this is my view.





View Profile
From : Shekhar Verma at 12:36 PM - Jul 30, 2010 (19 months ago)


Friends

Now 3 conditions for Nifty are very important

(1) Nifty crosses 5415-5420 from below

(2) Nifty sustains above these levels for more than 20-30 minutes

(3) Especially Nifty closes above these levels today

If all these things happen today, then next 2 weeks Nifty may try to reach new highs.  

On the other hand, if Nifty cannot sustain above these levels, but closes above 5310, then next 2 weeks may be in a tight range.  

Finally, if Nifty falls today and closes below 5310 (chances are unlikely) then next month we may see blood-bath in Nifty.





View Profile
From : Shekhar Verma at 07:38 AM - Jul 30, 2010 (19 months ago)


Ashok Ji,

WARM WELCOME TO MY SYSTEM
 
It is my pleasure that you wrote a few words for my post. 





View Profile
From : Ashok Tainwala at 07:00 AM - Jul 30, 2010 (19 months ago)


Good Day Sekhar. Keep it up.





View Profile
From : Shekhar Verma at 01:12 AM - Jul 30, 2010 (19 months ago)


Tomorrow (or next week) Nifty may break either 5370 or 5480




1 to 7 out of 7 | First | << Previous | Next >> | Last |
(1)

Login to participate in discussion.



Recently Discussed Posts of Shekhar Verma

Futures & Options >> My System - Daily Updates (9)

Futures & Options >> My System - Daily Updates {For 25th November 2010} (5)

Futures & Options >> My System - Daily Updates {For 24th November 2010} (7)

Futures & Options >> My System - Daily Updates {For 23rd November 2010} (1)

Futures & Options >> My System - Daily Updates {For 22nd November 2010} (4)






Disclaimer: The messages and ideas posted on this website are user's own views. Mudraa.com does not own any responsiblity for the information provided by the users.Data delayed 15 to 20 minutes unless otherwise indicated.