Nifty Swing & Intra Trades

[Tuna]

Missed the post 2-30 session completely. Well its ok.


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[Tuna]

Good Morning Guys,
My take on Nifty today is starting with upward bias followed by immidiate selling. We will see some upward movement between 12 to 1 , but will be toeing the Eu market thereafter- which might be bearish to flat today - will impact NF negatively (good selling opportunity after 1:30 pm) . However be careful with the movement after 2:30 pm as that will be sharp (use tighter SL).

My Levels for Nifty (Spot) today:

8384-8410 - R1 Zone

8347 - P

8280 - S1 A
8230 - S1 B
8204 - S2

Good Luck and Happy Trading.

 

[Tuna]

Trade 1 # Bought NF at 8235 X Scalp Size

 

[Tuna]

Exit @ 8251.9

15.9 X Scaping Size = Decent profit.

 

[Tuna]

Sorry, that is +16.9 X Scalping Size.

 

[Tuna]

Nifty Spot 8204 hold well after little breach. If breached again (after 2-30), that will not be good for bulls.

 

[Tuna]

Trade # 2 : NF Bought @ 8212, Moderate Size, Shall Hold for a while

 

[Tuna]

Trade # 2 : NF Bought @ 8212, Moderate Size, Shall Hold for a while

Still Holding.

 

[Tuna]

SL Hit @ 8165 = -47 X Mod Size = Big Loss

 

[Tuna]

Trade # 3 = Bought NF 8162 X Moderate Size (Last Trade for the day)