Best Nifty Strategy-Must Read

[jallanankit]

whats is the target and stop loss ???

NO tgt as of now.. SL is NF level of 4947(day high)

 

[jallanankit]

@ ankit
i had entered 4900 pe at 125
so wht ur view should hold for today
or book small profit
i think tomm market will reverse a bit

I will exit it today.. Suggestion for u... Keep a SL and trade.. markets have rose significantly today... 600 points on index is not a joke.. Some brofit booking expected.. LETS C..

-@j..

 

[jallanankit]

I would further like to add one thing in support of my trade.. In the 5 min chart, the high was made with the highest trading volume.. I expect tht longs have been booked.. Lets c more wat market does in next half an hour of trade..

 

[AbhiTrades]

NF more than 4% in green today.. Imagine what would happen in next half an hr..I say as since a few days, last half an hr was very eventful..

 

[rammmeo]

@ankit
i have stoploss of 4935 around
at wht level should be exited
8 to 10 rs profit is gnd enough for me
lets see

 

[jallanankit]

@ankit
i have stoploss of 4935 around
at wht level should be exited
8 to 10 rs profit is gnd enough for me
lets see

SL for which trade buddy.. I did not get it proper...
and abt the risk appetite, it varies one to one.. It should b ur decision..

 

[rammmeo]

for 4900 PE
i hv it at 125
kindly let me know if u exit
i am thinking of holiding it
on ur exit i can give it a thought

 

[jallanankit]

for 4900 PE
i hv it at 125
kindly let me know if u exit
i am thinking of holiding it
on ur exit i can give it a thought

ok.. though NF has breached the high, i m still holding it.. Will let u know..

 

[AbhiTrades]

Talking of targets, we have crossed 1st, 2nd, 3rd, 4th, 5th and 6th TARGETS on buy side.. 7th target is 4950:clapping:

 

[jallanankit]

Talking of targets, we have crossed 1st, 2nd, 3rd, 4th, 5th and 6th TARGETS on buy side.. 7th target is 4950:clapping:

Cool...

Now think, how do we trade this strategy more effectively.. On a trending market like today, even TSL wont trigger... But how do we use this strategy following a SL in range bound markets..