Nifty Futures Trading

[milkyblack]

Short 3888, SL 3899 Lets see what happen

Regards

 

[deb99891]

yes exactly dada 97 level seemed strong res...
(strong supply seen in 5 min bars there)
no position my side

 

[Sunil]

See in 1 min chart 11.28 , 11.29 , 11.32 , 11.33 all has High in between 3896.00 to 3897.00,hence Shorted @ 3890.00 with 3897.00 Stop.

dada, u shorted perfectly at 3915 spot (upper level of band)

 

[uasish]

Stop brought down to 3888.05

 

[milkyblack]

Exited half at 72

Regards

 

[Sunil]

now approaching lower level of band 3890 spot...

break will confirm more bearishness...

 

[uasish]

Covered 50 % @ 3872.15

 

[milkyblack]

Exited half at 72

Regards

Remaining SL 88 BEP

Regards

 

[uasish]

Stop of balance 50 % brought down to 3884.05

 

[milkyblack]

From a chart angle,prefer it.....rather than unecessary volatility on Friday after news,no moves before that.

Now,we may have to face a gap down or up on Friday....that's it.That's easy to trade......

Saint

Yes you got a point... never thought abt it ... I was thinking that better to have intraday volatile movements

As you have already made it clear gap trading is really good ! But I missed the move today a bit!

Regards