Trend Trader

18/4/2017 -- 13.00 -- Signal strength is not great. Hence risky Sell  Nifty CMP 9195 SL 9227 tgts 9123-9090-8957 14.45 - That was quick and Nifty hit our first target of 9123 and is now trading at 9130. Book part position here and move stop loss to cost, ie 9195 on the remaining. 72 points profit on part position 19/4/2017 - 11.20 - Nifty hit our second target of 9090 and made a low of 9080. It is now trading at 9112. Those with lots in multiples of three can book another one third here. The SL on this trade is now at 9177. 24/4/2017 12.00 - Nifty briefly went above 9180 on Friday, thereby triggering the TSL with 18 points profit on remaining position. Trade closed.

10/4/2016 - 11.10 - Buy NS cmp 9220 SL 9169 tgts -- 9365 - 9515 - 9665 16.30 - The index hit a low 9175 and has closed at 9182. The close does not inspire much confidence in this trade, but then there is no option but to hang on to long until system says otherwise. 11/4/2017 15.20 - Nifty started moving down the moment long was triggered yesterday and hit a low of 9172.45 today. SL was at 9169 and hence not taken. Now Nifty is at 9238 and a close above 9225 gives some reason to be optimistic about this trade, that is only as long as it is not invalidated, considering it's markets and anything can happen here. 12/4/2017 - 15:00 - Nifty hit a low of 9161 today, thereby triggering our stop loss at 9169. Trade closed with 51 points loss LOSS OF 51 POINTS