Nifty fut looks strongly bullish,we may see upsides from here. SL 15745
check the time of the tweet and the charts.

I do understand breakouts :) ImageImage
The logic of taking money off the table on a move working today too. However, I believe today we should get continuation moves the next time a move takes place
BNF Image

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More from @SubhadipNandy16

15 Jul
15th July Ranges :
Nifty = 15969/15673
Balance = 15821
BNF = 35908/35302
Balance = 35605
Trade 1 on @CNBC_Awaaz : Ambuja Cements
Buy1*370CE & sell 1*385CE
Debit = Rs.5 =max risk
SL 2.5 on the spread by closing
Price target 385
Trade 2 on @CNBC_Awaaz : Nifty ratio spread
Buy 1*16000ce monthly & sell 2*16150ce monthly
Debit = 10
Trade has unlimited risk above 16300.
SO 1. sqoff this trade when Nifty reaches 16150 OR
2. If nifty stays here for next 3-5 trading sessions, buy 1*16300ce < rs.10
Read 5 tweets
14 Jul
CAreful on BNF Image
Bears trying to get back into the game Image
Bulls are immensely more stronger than bears today. Consider this a bear trap and bulls will get back control is BNF starts trading above 35850. Then expect a one side upmove into closing
Read 4 tweets
14 Jul
I had shared a longer term positional analysis of Nifty fut a few days back. Remember, only if we get two days consecutive closes above 15840 only then we will be out of this congestion and large upsides may open up
15840 is on Nifty spot, not fut
Read 4 tweets
13 Jul
Currently we are in a low volume post the new margin rules and a low volatility zone. (Defined volatility as basic daily range ( high -low))
It's apparently obvious the trading volume should be highly correlated with volatility, though it's difficult to establish causality
A good argument can be that heavy trading volume moves the underlying price more thus increasing volatility OR
volatility induces traders to trade more thus increasing volume.

I tried to test this hypothesis
The above chart shows volume and volatility data on Nifty fut since inception. Volume on the X axis and volatility on the Y axis. The correlation coefficient since inception is 0.54. But initial days on Nifty fut were of low volume, so I tested for last 5 years and it's 0.78
Read 7 tweets
12 Jul
This is the part screenshot of the entry. Do mark the time and read on
Read 9 tweets
12 Jul
The Nifty trade
Lost on the Bear spread carried overnight, stopped out when 15800 was breached. Made that and more on the breakdown
Had same 2100 qty on the 15800 weekly PE, from 90 to 155 in a flash. day's job done. Nowadays after one such move, better to stay away or one gives back money 😋
Read 5 tweets

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