General Trading Chat

Are your OI numbers still pointing North?
Yes they are - 7300/7400 CE pointing north with combination of 7100 OI Base formation + 7300 PE OI Long build up and 7400+ PE OI Winding off

Still holding 6400 CE with 6300+ Level target - May book first at 6290 levels and reenter at pullback

You might see slight pullback prior to upmove - standard trap
 
Too choppy market - two losses and exits and finally SOH till clarity on trend.



Dear Fundootrader,


your post is at 10:55 am and I assume that you did trade in NF.......... how you booked two loss till 10 :55 because till 10:55 there was only one trade sell below 7266 ( below first 5 min candle low) and then price went till 7231, here you could have taken partial profit and exit above 7255( above 3 min 10:48 / 5 min 10:50 ph high ) and then SOH.



HEM
 
Dear Fundootrader,


your post is at 10:55 am and I assume that you did trade in NF.......... how you booked two loss till 10 :55 because till 10:55 there was only one trade sell below 7266 ( below first 5 min candle low) and then price went till 7231, here you could have taken partial profit and exit above 7255( above 3 min 10:48 / 5 min 10:50 ph high ) and then SOH.



HEM
Hi HEM

I was trading in options not Nifty Futures.
 

pratapvb

Well-Known Member
to me price is saying that it is a pause at -1SD5day a big support ....will take some time to break ....till then hold with SL ....if breaks lot more down
pause is over looks like .... never managed to go above +1SD with negative bias below VAL
 

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