My Trading Diary for Nifty Futures

[rh6996]

In case SL hit, one can reenter Short at CMP 5388+ with SL at 5393.20

 

[rh6996]

Safer trade would be to go short below the low yet again!! Say < 5384.....5383.60

 

[pakatil]

Now short...5383.....SL 5394...

 

[rh6996]

@boarders..... what is the status as per your reading/charts now!!

 

[boarders]

440 trades at ask price - supports long.
total no. of shares - traded at bid price more than ask price - support shorts
price analysis of puts and calls - supports shorts
turnover call going down puts going up - supports shorts
below -38.2 fibonnachi - supports shorts.
overall analysis supports shorts
i have my sl at 5395 now but soon as i see reversal in call put analysis, i will exit as i did with the long exitted at 5399

 

[pakatil]

i think.....5410 first and then 5340.....

 

[boarders]

the possible target could be 5361 but as i said the moment i see sustained reversal at put call, i exit with whatever, I use stoploss only as a safety measure and mostly never wait for it to hit ever

 

[boarders]

now mostly all changed over to long side

 

[pakatil]

SL hit....all the 4 trades.....gone....

 

[boarders]

i think.....5410 first and then 5340.....

you were right now situation changed back