Nifty Futures Trading

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Out 50 % @ 5037.65

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

SL brought up to 5034.95 .

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

SL of Long brought up to 5039.95 .

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Got out @ 5044.95

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

The last trade gave (+) 20.95 points.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Taking home Long @ 5040.05 .

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

No point breaking discipline of not Holding over night released @ 5047.85

 

[lvgandhi]

Re: Time to Stick my Neck Out ,Nifty 7300

Covered 50 % @ 5030.05

Though you have done a good thing, it will be useful to know the reasons to cover at this price and at this point.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Though you have done a good thing, it will be useful to know the reasons to cover at this price and at this point.

On the upper pane if both the Yellow & Red are of same value then it is more favourable to Short but if Yellow is more than Red then Tick's trend has reversed for Long.
After the completion of 11.20's bar on the making of 11.30's bar the yellow value was showing more than Red hence i booked 50 % profit.

 

[pasha]

Re: Time to Stick my Neck Out ,Nifty 7300

Asish, what are the red and yellow lines?