Nifty : Real time discussions...!

Status
Not open for further replies.

augubhai

Well-Known Member
augbhai as in ur post of 1:58 u were short then in ur next post u said y it is falling and stop loss hit. wen you were short then nifty was falling in ur direction
then y stop loss
I was actually long when Nifty started to fall. I had a Stop Loss (SAR) at 5678.5. So when Nifty started to fall, my Stop Loss was hit, and my long position converted to short. If I didn't have that Stop Loss in place, it would have been a big loss for me.
 

sumeetsj

Well-Known Member
Going long with a stop loss below 50 EMA of eod chart of Nifty spot seems to be a good idea,
shall try for a rate near todays close price
(the 50 EMA has acted as a support)
trade for August Expiry






Not initiating any trade as of now,
waiting for 5600 to cross and sit there for 10-15 mins
 

linkon7

Well-Known Member
Only trade today

Shorted 5700 call at 2.95
 
Status
Not open for further replies.

Similar threads