Nifty Opened above PDH and sold. Short on BPB of PDH. Covered when price came back above PDC after hitting NS RN. Another short on the break of NS RN after three attempts. This also did not move well. Long on BPB of NS RN on break of MSP. TP above PDH. Tried another short on BOF of DO/RN . This trade did not work. Exited on the break of FlipDid not attempt the last BOF
Hi ST
ReplyDeleteWas it a PP when prices went above 6320 around 12:30 PM?? I traded it as a PP. Entered at 6325, exited at 6345.
Thanks
TBP
TBP
ReplyDeleteYou can do it. There will be a lot of stops above this swing high. My entry was a little late above MSP
ST
Hi ST
ReplyDelete2nd trade TP is too early, how did u arrived at that point. I placed the sl at flip.
Naveen
Sir good evening sir @11.30 trade one shud take what confirmation to short , kindly update thnx
ReplyDeleteNaveen
ReplyDeleteI covered the trade as I felt there was no momentum to down side.
There is no point in keeping SL at FLIP. Once the SL orders at the swing high triggers price will reach flip and stop you out.
ST
Amber
ReplyDeleteit was a level tested thrice earlier. You can expect a lot of sell orders there. SL orders of longs and fresh shorts
ST