GauravSaini

Nifty long trade setup

Long
NSE:NIFTY   Nifty 50 Index
Nifty 50 cmp spot 10520, nifty long with stoploss below 10477-----trgt will be decided upon price action
all prices spot
Trade closed manually: closing long positions at 10545 spot with a profit of 25+ points

Comments

The first target for the trade is coing at 10555-10563 zone ,above which we can see further upside

plz Note
1 the risk in the trade is more than what is expected in a ideal trade setup
2 at the first trgt the risk/reward is not good.
3 the trade is NOT for small traders
4 This is a day trade setup presently -i may not update the exit in real time .also might add positions so actual cost may be different from above

5 unless you can calculate the risk -DO NOT TRADE THIS SETUP .carefully calculate the risk and make sure you observe proper stoploss
Reply