General Trading Chat

Hi all,

how would you have traded the below chart in the hindsight. In real time i couldnot find good trades.

Chart shows good trending day. There are many places to go long. Only long trades in this chart.No hindsight, one could have traded it well in real time too...

Smart_trade
 
Chart shows good trending day. There are many places to go long. Only long trades in this chart.No hindsight, one could have traded it well in real time too...

Smart_trade
Thanks Da for the reply

It was a trend up day but I was always stopped out (2 times) from my longs and finally when the final push came I had no positions....

Would you have take a limit order long around 124? or keep deep SLs from the earlier longs
 
Last edited:

ap*

Well-Known Member
I'm using this sideways range in Nifty to build my cash portfolio. Liking Idea at these levels as the lower end risk is low(close to strong support ) and Indigo because of recent changes in norms controlling the industry. With nifty it's a slow wait out to either short below 8070 or go long above 8240. Till then will stay out.
Glad i made both these picks. Looking at holding IDEA and INDIGO for the long run.
 

vivektrader

In persuit of financial independence.
Big bang reforms announced in defence, aviation, pharma and food retail.
Apple also gets to open its stores.
 

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