NIFTY 50 future TRENDS

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Day 4 !! 2 hour charts (spot), following a straight line up. Wonder what's up - FIIs finally appeased? Also interesting to see in the W shape ... the rise is steeper than the fall !

Till date its pull back rally wise think to do is book profits at higher levels this should be the proper approach for short term traders ... market is scaling up it wont be good to short trade ...wait where market fail to go past the Resistance Levels which i had given earlier
5075/5170 spot are trend decider
 

anayash

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The Lyrics:

You get a whip and I get a saw, honey

You get a whip and I get a saw, babe

You get a whip and I get a saw

One good trend pays for em all.

Honey, trader, ba-by mine.

Banjo (Ride Your Winners):
What do we do when we catch a trend, honey etc.
We ride that trend right to the end.

Mandolin (Cut Your Losses):
What do we do when we show a loss, honey etc.
We give that dag-gone loss a toss.

Fiddle (Manage Your Risk):
How do we know when our risk is right, honey etc.
We make a lot of money and we sleep at night.

Guitar (Use Stops):
What do we do when the price breaks through, honey etc.
Our stops are in so theres nothing to do.

Bass (Stick to the System):
What do we do when a draw down comes, honey
What do we do when it gets real big, babe
What do we do when its even bigger
We stick to the plan and pull the trigger.

Banjo (File the News):
What do we do with a hot news flash, honey etc.
We stash that flash right in the trash.
 

4209211

Well-Known Member
Buy Coal India above 316 with stoploss below 313 Target=322
 

4209211

Well-Known Member
Sold some more nifty @ 4990 tgt 4950 and then will se what to do i booked 80% on bnf long @ 9700 and sbin call@80 exited on all forms of longs except in some of bnf will keep sl@ 9600
have a great time till then
 

4209211

Well-Known Member
Mano ji any iidea on trades i shorted some pe and ce and made some gains any idea on nifty any one please
(sbin ce and nifty pe)
 
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