Had entered the order at 222.5 then modified it to 222 . Had realised that it would move up and tried to cancel the order. Weird thing was no order acknowledgement in PIB either on order entry or execution . Anyways was trading with half the margin intraday ,so had to exit anyways at 3 pm latest.From the looks of it would have been save to let the system square off,its nice and peaceful after the hugh upmove.
The retracement fooled me ,is a known issue am working on it,but well. Dependence on Bollinger band kinda makes me exit early.
WHAT A DAY... thank god i found this thread... my whole perspective of trading has changed now... Thanks a lot SG sir:clap:...
Now just need you to review my trades when market was tanking in morning... do i deserve pat on the back or i was digging my grave.. my contract note comes @ 9 pm... PM me mail id plz by then...
And yes MTM Booked = +5577 (brokerage around 700)
Thanks
Vaibhav
As predicted IFCI bottomed at 58 and then began its move. Renuka on the other hand did in fact breach the 88 level (slid from 88.4) and went down to 87.4 (made a double bottom) and then had a steady move up.
Was busy looking at Hindalco maybe ought to have put a limit order.