Nifty : Real time discussions...!

[IAtma]

40-20 de de babaa.

 

[trader.trends]

long at 4838 above the second candle. Exited 50% at 4853. Holding the balance. TSL at 4864

 

[trader.trends]

SL shifted to 4875

 

[trader.trends]

Sl revised to 4890

 

[trader.trends]

SL at 4926

 

[sumeetsj]

Bought Nifty Oct 5400 CE at 22-24

Days high 33

 

[trader.trends]

Exited at 4940 to close intraday position.

 

[sumeetsj]

Just why did i buy that call on Friday ?

Too many puts written on the downside,
huge OI of puts at 4800, 4700 and 4600 strikes, (chart attached)

Bought October and far OTM to save myself from stopping out due to whipsaws

 

[trader.trends]

The second 5 min bearish did not have any meat on it in the body. Shorted the break of 4968, the fourth candle. Exited 50% at 4953. Holding the balance. Testing this out in intraday.
http://www.traderji.com/futures/58731-just-my-2-candles-worth.html

 

[.Pride.]

today's trade...