5-Day Positional System (F&O)

shivangi77

Well-Known Member
#31
Date 27-Dec
Name INDUSINDBK
Entry 419.75
Bias Long
CMP 421.3...428.50
High 424....429.90
Low 417.3.....423
Lot Size 1000
Returns 1550.....8750/-
Now for today's trigger.
1. NMDC (Sell) (165.7)
I am very closely watching Indusindbk
My conclusion:
It rose only due to sentiments of market and uptrend of nifty & banknifty.
high portion of stocks listed rose today.
waiting for some trades when nifty is range bound or when nifty is in reverse trend of our trade.
NMDC is also supporting my reading as we have shorted it & market sentiments pulled it upward..... closing at 170.65 today!
lets see what happens tomorrow.
Thanks for your good work.
Keep it up!
Hope you'll take my criticism in positive way!
 
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