This section will document signals/trades based on mechanical system.
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Running trade (ALL SPOT LEVELS) : Long Nifty entry @ 8175 CMP 8270 TSL 8226 -- Expected resistances 8300-8330 09/12/16 - 13.20 - TSL now at 8337 .. if hit close position with +62 points 12/12/16 - Nifty opened at 8193 triggering exit from longs @8180 +5 points (considering no part profit was booked). Wait is on for next entry. BREAK-EVEN TRADE
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.
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