Nifty+Banknifty: 1000 points per month

[vijbala]

Both NF and BN S/L triggered
BN with a loss of 100 points
NF a gain of 10 points.

Next Buy: NF above 4910 BN above 8650
Next Sell: NF below 4860 BN below 8500

 

[vijbala]

NF sell hit @ 4860 S/L 4900
BN sell hit @ 8500 S/L 8620

 

[vijbala]

Update S/L NF 4860 BN 8560

Feb Series so far :

Nifty = +10; Bank nifty = -205.

Still have hope we will get 1000 points are more this month.

 

[vijbala]

Since the opening is positive, the following S/L may be followed:

NF:4885, BN: 8560

If NF is hit @ 4885 again buy at same price.
If BN is hit @ 8560, again buy only @ 8610

 

[vijbala]

Today booked losses NF: 25points BN: 60 points

NF bought @ 4885 apply S/L 4845
BN bought @ 8610 apply S/L 8490

 

[vijbala]

Move NF S/L 4900 BN S/L 8520

 

[vijbala]

Apply stop loss as follows:
NF 4875, BN 8520.
If NF triggers @ 4875, can sell @ same.

 

[vijbala]

Both Hit S/L... Losses booked NF=-10, BN=-90

NF sold @ 4875 S/L 4920
Sell BN only @ 8460

 

[vijbala]

BN sold @ 8460 apply S/L @ 8550
Move NF S/L to 4885 sold @ 4875

This month so far booked losses:
NF= -45 BN = -355

Hope these losses can be recovered in next 2 sessions.

 

[vijbala]

Now move Nifty S/L to4780 (sold @ 4875)
BN S/L to 8380 (sold @ 8460)