Nifty Future 5min Ambush Style-Live

Rajadhiraj

Well-Known Member
my stop now at 13.15 high ..

may be flag but not taking chances...
Hello Vineet

About BNF Ambush

Its my impression that Fav. Excru of over 100 points is a good place to book profit maybe on 1/3 of the qnty, if needed second booking level of about 180-200 would be right.

I know there is no techinical significance to these levels but my observation is that BNF usually moves back in the original direction after a pullback of 60-80, sometimes even 100 points and its tough to keep holding through these pullbacks.

How do you manage these situations?

Thanks
 

myvineet

Well-Known Member
Hello Vineet

About BNF Ambush

Its my impression that Fav. Excru of over 100 points is a good place to book profit maybe on 1/3 of the qnty, if needed second booking level of about 180-200 would be right.

I know there is no techinical significance to these levels but my observation is that BNF usually moves back in the original direction after a pullback of 60-80, sometimes even 100 points and its tough to keep holding through these pullbacks.

How do you manage these situations?

Thanks
me normally book at previous days support\resistance + pivots in today's chart...

yes ,ur observation is right.. we should have some formula to lock the profit in ambush