RAJ NIFTY Trading - Entry Exit based on Daily, Higer and Lower timeframe

[Option.Trader]

OT, What is the meaning of "double cover order"? Do you mean you will reverse your positions with double the quantity? Or is there an order like these?

Yes reverse the position

 

[healthraj]

STOCKs for 03-Mar-2014

DRREDDY - SELL @ 2906-2936, SL@2915, Targets 2745, 2615
HINDALCO - SELL @ 106-106.5, SL@108, Targets 96.6, 90.9
NMDC- BUY @ 126.5-126.7, SL@125, Targets 134.2, 141.3

DRREDDY - Opened Gap down. Will find first support at 2841. Now at 2849. Can close 50% at 2841 and the Rest for 2800 (MAX Pain)
HINDALCO - Made high of 107 and now trading at 106.15. Risky can hold till 104. The stop loss was mentioned wrongly, it should have been 108.
NMDC - Made high of 130.4 and triggered a SELL in HTF. RISKY can close

 

[sabhlok_r]

DRREDDY - Opened Gap down. Will find first support at 2841. Now at 2849. Can close 50% at 2841 and the Rest for 2800 (MAX Pain)
HINDALCO - Made high of 107 and now trading at 106.15. Risky can hold till 104. The stop loss was mentioned wrongly, it should have been 108.
NMDC - Made high of 130.4 and triggered a SELL in HTF. RISKY can close

Raj, your views on titan positional...

 

[healthraj]

12:30 PM - BUY Call Triggered in LTF. BUY @ 6247, Targets 6255, 6263, Stoploss = 6230.

3:20 PM: LTF SELL CALL Triggered. SELL @ 6281, Stoploss@6298, Targets 6270, 6260.

Closed Longs. No SELL Taken for the Week ends.

In Both the LTF and HTF, LONG triggered around 6241 with Stoploss as 6219.

 

[healthraj]

Raj, your views on titan positional...

In Daily charts Titan is a SELL around 251
In HTF, BUY Tiggered this morning around 239.6 and is in progress. The Resistance comes at 253.
In LTF, SELL is in progress from 251.

So in summary It would be good to SELL between 250-253.
Positional Targets would be 243, 235.

As per OAT, also the Resistance is at 250 and MAX Pain at 240. The support is not yet finalized as per Options data.

 

[Option.Trader]

In Both the LTF and HTF, LONG triggered around 6241 with Stoploss as 6219.

Break of 6240 would mean more downside, please recheck

 

[healthraj]

In Both the LTF and HTF, LONG triggered around 6241 with Stoploss as 6219.

At 12:18 PM, Buy was Generated at 6241. At 13:18 PM, SELL was Generated. So the BUY was closed. And SELL Taken at 6240.

 

[healthraj]

STOCKs for 03-Mar-2014

DRREDDY - SELL @ 2906-2936, SL@2915, Targets 2745, 2615
HINDALCO - SELL @ 106-106.5, SL@108, Targets 96.6, 90.9
NMDC- BUY @ 126.5-126.7, SL@125, Targets 134.2, 141.3

DRREDDY - Opened Gap down. Will find first support at 2841. Now at 2849. Can close 50% at 2841 and the Rest for 2800 (MAX Pain)
HINDALCO - Made high of 107 and now trading at 106.15. Risky can hold till 104. The stop loss was mentioned wrongly, it should have been 108.
NMDC - Made high of 130.4 and triggered a SELL in HTF. RISKY can close

2:10 PM.

DRREDDY @ 2828.
HINDALCO @ 105.35
NMDC @ 129.15

 

[healthraj]

At 12:18 PM, Buy was Generated at 6241. At 13:18 PM, SELL was Generated. So the BUY was closed. And SELL Taken at 6240.

In HTF, BUY Generated at 6212.8 with Stop loss 6189.

Closed my Shorts at 6216.

Waiting for a BUY signal in LTF to go Long.

 

[healthraj]

In HTF, BUY Generated at 6212.8 with Stop loss 6189.

Closed my Shorts at 6216.

Waiting for a BUY signal in LTF to go Long.

BUY Signal Confirmed in LTF. BUY @ 6215 SL@ 6194.
In HTF, BUY already Generated @ 6212.8 with SL 6189.