General Trading Chat

headstrong007

----- Full-Time ----- Day-Trader
For price action traders today NIFTY FUTURE key sup 10425-10445. :hungry:
Nifty opened @10446 just above that support zone and a nice up move after that. Booked easy 20 pt b4 pivot res @10469.
 

Nikhil Dogra

Well-Known Member
Are you trying this on Nifty or Banknifty or stock options?
just 3 point trail looks risky. I've seen bid-ask for Banknifty options with Rs 5 difference. Market order would hurt.

Also you are dependent on Brokers/NSE system of stop loss. My personal experience is that it is not really reliable, if its not SL-M.

But maybe things have changed now as my experience is over a year old. You can try it and let us know how it goes.
I have scrapped this idea altogether
 

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