though I advise to squire to position but brave hearts may wait till 4850 Nifty level and book profit at give target i.e 175.00. but maintain strict stoploss
Stop loss hit, No more Call for today, as I avoid overtrade. total profit for today 163-157=6*100=600 165-150=15*100=1500 160-146=14*100=1400 Total=3500 Enjoy....!! :-)
Do not try to trade against the tide. Keep the stoploss tight and strictly follow the same.
ReplyDeleteI want to advise you all, not to go for averaging at this level. Keep stoploss intact.
ReplyDeletePut stoploss at 160.00 we are in profit, there is no meaning in booking loss,
ReplyDeleteBook your profit at 163.00 right now. we will take position on next opportunity
ReplyDeletenifty may consolidate at around 4830 to 4840 but we are day trader and need to wait for next opportunity, enjoy what profit we have till now.
ReplyDeletethough I advise to squire to position but brave hearts may wait till 4850 Nifty level and book profit at give target i.e 175.00. but maintain strict stoploss
ReplyDeleteBe ready to take inverse position of Put 4900 @ 160 when nifty will cross 20 EMA.
ReplyDeleteWe can initiate the same position when Nifty become positive or cross 4850.00, I will give call before taking position
ReplyDeleteBuy 2 lot Put of 4900 @ 150.00
ReplyDeletePut stoploss of 140.00 for new position of 2 lot put @ 150.00
ReplyDeleteBut 2 lot more @ 146 of 4900 put
ReplyDeleteMaintain stoloss of 140.00
ReplyDeleteWhat you want to do with your profit?????
ReplyDeleteBook part profit on 2 lot at 165.00 and maintain stoploss of 160.00 on remaining 2 lot.
ReplyDeleteStop loss hit, No more Call for today, as I avoid overtrade.
ReplyDeletetotal profit for today
163-157=6*100=600
165-150=15*100=1500
160-146=14*100=1400
Total=3500 Enjoy....!! :-)
(Brockrage need to deduct)
ReplyDelete