tag:blogger.com,1999:blog-257631311401910177.post6486970668804853561..comments2023-12-10T22:04:44.154+05:30Comments on Astro Technicals: Nifty Astro Technicals February 23 to 28, 2015 Tekkiesureshhttp://www.blogger.com/profile/08106744355706900668noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-257631311401910177.post-58299655285578034092015-02-23T13:08:35.511+05:302015-02-23T13:08:35.511+05:30thanks for update sir,i have hedged position i.e. ...thanks for update sir,i have hedged position i.e. 8900 march put and 9100 march callAnonymoushttps://www.blogger.com/profile/17825510339286909682noreply@blogger.comtag:blogger.com,1999:blog-257631311401910177.post-17089618980011320622015-02-23T00:25:15.854+05:302015-02-23T00:25:15.854+05:30Nitin, the bias is positive. It is NOT runaway pos...Nitin, the bias is positive. It is NOT runaway positive, but volatile positive. After the budget, closer to the second week, we have several important signatures which are culminating and so Iam expecting an intermediate top then. That means markets may fall, a little more than the falls we have seen so far. Last leg up may be retraced faster. In the meantime, it is difficult to say upto which levels Nifty will fall before rising to the budget. Iam only seeing intra day volatility with global picture brightening. I do not understand why people have such a fixation to price levels. As a trader, simply trade in the direction of the trend that is all. When the trend changes, change direction. I achieve this by using trailing stop losses. I keep moving up my stop losses in an upward trending market and keep moving the stop losses down in a down ward trending market. When finally the market turns, I get stopped out with profits. So why bother as to what level it can go.<br />Or are you short in the market at a lower level? Then you should use different techniques. If you trade futures, then even if you are short at lower level, it should not pose any problems, as long as you have money to pay the MTMs.If you are into options, then Iam not the person who can comment, but other experts in options. I do not trade options. Tekkiesureshhttps://www.blogger.com/profile/08106744355706900668noreply@blogger.comtag:blogger.com,1999:blog-257631311401910177.post-86138717570351712032015-02-23T00:14:03.853+05:302015-02-23T00:14:03.853+05:30and can we see 8700 prior new high thenand can we see 8700 prior new high thenAnonymoushttps://www.blogger.com/profile/17825510339286909682noreply@blogger.comtag:blogger.com,1999:blog-257631311401910177.post-65386207209488864862015-02-22T20:40:15.804+05:302015-02-22T20:40:15.804+05:30I do not think we will see below 8700 before new h...I do not think we will see below 8700 before new high. 100 points volatility could be expected. Budget expectations may give a positive thrust. Post budget, in the second week of March, expecting an intermediate high, in tandem with global markets. Tekkiesureshhttps://www.blogger.com/profile/08106744355706900668noreply@blogger.comtag:blogger.com,1999:blog-257631311401910177.post-75252457066699927882015-02-22T20:12:07.518+05:302015-02-22T20:12:07.518+05:30thanks for update,can we see nift below 8700 prior...thanks for update,can we see nift below 8700 prior new highAnonymoushttps://www.blogger.com/profile/17825510339286909682noreply@blogger.comtag:blogger.com,1999:blog-257631311401910177.post-80633895306891696042015-02-22T20:08:37.828+05:302015-02-22T20:08:37.828+05:30Sureshji thanks a lot for the analysis Sureshji thanks a lot for the analysis Anonymousnoreply@blogger.com