ya, that's what i mentioned to renu... seen over wed-thur-fri
i m carrying a put option with SL spot 4580+ (yesterday's HOD)
sunil u were abs rgt to short ,, at 4535 levls,, which wsa congetsion phase area for today..and ,, u should have eited at 80 becuase which was S1 for today ,,(77)
secondly u are abd rgt we are seeing lower pivots ,,in dialy chart. but see we are still in prtected tren dline,,,and short as i had mentioned was from 4567 levls 2 days back,,,,and now today it had come up and moved down agian form that levls
..
third,,
asish da u opt to stsrt thread for long time frame,,..
but i think it will be difficult to judge as per time frame,,, ebcause a60 mn bar can itself give u both the highs ,,and low stoo..or if u dont book in first time frame,..then may be sceond bar then again reach new high..
what i mena to say is 60 min time frame on intrday basis positions according to that is difficult///instead of that we should go for eod basis ,,,which u post,,,!!
like today urs postionala nifty selling was jsut scalping...just 20 points!!!
thats not positional,,,if we say,, because if u are selling a spositional means at least good down is judged someone..
its confusing taking the time frame.. buy / sell,,,
renu