MD89
15/2/2017
12.25 -- Scale in 1/3rd of planned position nifty short at cmp 8734 with SL 30 min close above 8800 for tgts 8650-8580-8525-8450. Can add more lots when proper set ups arise as the index moves in direction of the trade.
16/2/2017 --
11.30 -- The SL on this trade now stands at 8770 (30 min closing basis), above which there may be a case for reversing the trade. That will be updated as and when it happens.
1.20 PM - Add another 1/3rd here at cmp 8760.. reverse position if 30 min close above 8770 .. risk on this 1/3rd negligible.
14.10 - 30 min candle closed at 8778, cmp 8770. Reverse position (-36 points on first 1/3rd and -10 points on second 1/3rd) with sl 30 min close below 8750 for targets 50-100-150 points. Whipsaws may happen again since it could be a trend reversal zone. But system will keep alerting on trades without any biases.
LOSS 25 PTS
17/2/2017
11 -- Nifty opened at 8885 (hence hitting our target 1 and 2 ie +50 and +100 points) ... remaining position is on hold with SL of 8747 (30 min CB)
PROFIT 100 POINTS ON HALF
18/2/2017
11.05 - Nifty is now at 8944 .. long entry was at 8770 and this trade is now up 175 points on the remaining lots .. multiple lot holders can book another part here while those positions with only one single lot remaining can hold on with SL of 8857 (even if that gets hit profit on the last lot will be be 85 odd points) ...
27/2/2017
9.25 -- Nifty cmp 8936 .. TSL on remaining position on this long trade is now at 8899 (even if hit will be out with 120 points)
28/2/2017
6.30 -- Nifty broke 8899 late yesterday thereby triggering the TSL on the remaining position (ie +220 points)
TRADE CLOSED WITH -
PROFIT OF 100 POINTS ON HALF AND 120 POINTS ON SECOND HALF
15/2/2017
12.25 -- Scale in 1/3rd of planned position nifty short at cmp 8734 with SL 30 min close above 8800 for tgts 8650-8580-8525-8450. Can add more lots when proper set ups arise as the index moves in direction of the trade.
16/2/2017 --
11.30 -- The SL on this trade now stands at 8770 (30 min closing basis), above which there may be a case for reversing the trade. That will be updated as and when it happens.
1.20 PM - Add another 1/3rd here at cmp 8760.. reverse position if 30 min close above 8770 .. risk on this 1/3rd negligible.
14.10 - 30 min candle closed at 8778, cmp 8770. Reverse position (-36 points on first 1/3rd and -10 points on second 1/3rd) with sl 30 min close below 8750 for targets 50-100-150 points. Whipsaws may happen again since it could be a trend reversal zone. But system will keep alerting on trades without any biases.
LOSS 25 PTS
17/2/2017
11 -- Nifty opened at 8885 (hence hitting our target 1 and 2 ie +50 and +100 points) ... remaining position is on hold with SL of 8747 (30 min CB)
PROFIT 100 POINTS ON HALF
18/2/2017
11.05 - Nifty is now at 8944 .. long entry was at 8770 and this trade is now up 175 points on the remaining lots .. multiple lot holders can book another part here while those positions with only one single lot remaining can hold on with SL of 8857 (even if that gets hit profit on the last lot will be be 85 odd points) ...
27/2/2017
9.25 -- Nifty cmp 8936 .. TSL on remaining position on this long trade is now at 8899 (even if hit will be out with 120 points)
28/2/2017
6.30 -- Nifty broke 8899 late yesterday thereby triggering the TSL on the remaining position (ie +220 points)
TRADE CLOSED WITH -
PROFIT OF 100 POINTS ON HALF AND 120 POINTS ON SECOND HALF
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