Day Trading Futures

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Shorted at resistance and Covered at Support

Actually i'm more bearish in a day but for me 20 points is enough

Reason for it is I'm very impatient and have lot of Fear of failure.

But somehow i'm seeing it like tht it is actually saving me.
So happy with it.
may be i have made wrong assumption.
After a change from 50 to 25
20 points should not be enough
One should raise it to 40 minimum. :D
 
The reason why I scalp for 10-15 paisa in intraday is depicted in the chart below. You see the 3 min bar in DLF, it went from 139.75 to 138.15 in a jiffy.. and bounced back to 139.75 and is now trading around 139 or so. Who could've anticipated this ? But someone who has a stoploss of 30 ticks (in this scrip of 2000 lotsize), it ruined his account. The previous LOD was 138.8, and now it is 138.15; a careful trader going long, if at all, would've kept SL a few ticks below the LOD.



Then maybe some trader would go long, but what will DLF do ? The lightening can strike in the same place twice. It happened again !!

 
Amara Chitrakatha why dont you put a chart at the end of the day so that big brother Hem can review your trades and give suggesstions accordingly
Koi baat nahi. let him participate at his own pace and comfort.
 
15 MIN timeframe "head and shoulders pattern" Nifty spot target 8275
 
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