Nifty Futures Trading

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myvineet

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Re: Time to Stick my Neck Out ,Nifty 7300

It is a Entry by Stop order mechanism.[/QUOTE]

it is not provided by icici.i think u uses indiabull power pack

regards
 
U

uasish

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Re: Time to Stick my Neck Out ,Nifty 7300

My 50 % cover order placed earlier executed @ 4768.25.Now brought down SL to Entry @ 4784.95.
 
Re: Time to Stick my Neck Out ,Nifty 7300

Why do u say premature...

Only break out ? failed

BTW my SL id 4769 . Lo of r shoulder
I should have waited for price to go above the high of the BO bar. I entered as I saw price breaking out of a resistence trendline on NIFTY Spot as well. That is the reason I had put my stop below the low of breakout bar.
 
Re: Time to Stick my Neck Out ,Nifty 7300

4785 on Spot is the level we were talking about day before yesterday as potential Inverse H&S neckline on both 5-min & 60-Min.
 

new2sm

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

aca, how do we determine necklines? ...without historical data like previous day, etc....looks like the inverse h&s(or whatever u feel it was) reported by me seems to be working but alas I only didn't utilize it :)
 
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