Daily Tryst with Nifty

Sunil

Well-Known Member
OUCH - was just going to post 4375 is right shoulder high of that prev. H&S with 4350 as NL , and which hit target of 4250
water fall...
lots of news flashes on TV - a trailer of what wild moves we can expect on the B Day
 

MurAtt

Well-Known Member
Mr Chakry has come to the market today and that has unsettled everyone -- even Aunty Nifty -- see her heart rate - up down up down ...

ohh Rajubhai ....

What volatility .... guaranteed to get ALL and many weaker hands out of the market ....
 

Sunil

Well-Known Member
2652 trade:

First long hit SAR

Now short from 4322.50 SL = 4365.80 T = 4287.00
2652 done for the day - target hit


Vineet, I go for it only when its first trade hits SL (average two times in 7 days)
coz, in second trade,target is 0.82%

(i avoid the first trade - if it hits target, ok - if not, i take the second trade)

Idea courtesy - Bala (TJ ID = bandlab2)
 

myvineet

Well-Known Member
2652 done for the day - target hit


Vineet, I go for it only when its first trade hits SL (average two times in 7 days)
coz, in second trade,target is 0.82%

(i avoid the first trade - if it hits target, ok - if not, i take the second trade)

Idea courtesy - Bala (TJ ID = bandlab2)
means you track it everyday ??
 

Sunil

Well-Known Member
A series of Higher lows - so far - in 1min
4325 crucial; as is 20SMA of 5min
yaar vineet, we both know we have taken shorts on break of this level....
but the scalper in me will tell - cover most near 4300.

If there is a system (like 2652) which tells me to wait for the potential target of 4287, then I actually wait for that level for booking profits in 2/3 or 3/4 of my lots.
It depends on my entry & 2652's entry
 

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