1276 views
Trading Strategy
Plan A
Buy only if Index moves above 10925 with strict stoploss below 10900
Targets-10950 / Above 10950 -11040/11050
Plan B
Sell below 10865 & 10850 with stoploss-10900
Targets- 10800/Below 10800-10765
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Audio played was of a cop who caught this smombie for ignoring road signs & putting his life as well other's life at risk. Cop was played by Actor - Akshay Kumar -Bollywood Star (You check youtube for the video).
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Plan A
Buy only if Index moves above 10925 with strict stoploss below 10900
Targets-10950 / Above 10950 -11040/11050
Plan B
Sell below 10865 & 10850 with stoploss-10900
Targets- 10800/Below 10800-10765
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Audio played was of a cop who caught this smombie for ignoring road signs & putting his life as well other's life at risk. Cop was played by Actor - Akshay Kumar -Bollywood Star (You check youtube for the video).
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Trade active:
10:01 Hrs 12th Feb 2019
Last Price@10872
Selling should take place only if index falls below the zone mentioned 10850-10865 - If This zone holds
Risky Traders can Buy also keeping stops below 10850 for upside target - 10925 & join more on upside as mentioned in Plan A for more upside targets- 10950 / above 10950 for 11040-11050 zone.
Last Price@10872
Selling should take place only if index falls below the zone mentioned 10850-10865 - If This zone holds
Risky Traders can Buy also keeping stops below 10850 for upside target - 10925 & join more on upside as mentioned in Plan A for more upside targets- 10950 / above 10950 for 11040-11050 zone.
Trade active:
13:09 Hrs 12th Feb 2019
Last Price@10874
There was one more attempt of touching 10862 lows - Risky Traders -I have suggested earlier that look to "Buy with strict stops below 10850" you will lose only 10-20 points & if 10850-10865 zone is intact -you may get 10925 & 10950 & even 11040-11050 -that gives trader 200 points in all.
Last Price@10874
There was one more attempt of touching 10862 lows - Risky Traders -I have suggested earlier that look to "Buy with strict stops below 10850" you will lose only 10-20 points & if 10850-10865 zone is intact -you may get 10925 & 10950 & even 11040-11050 -that gives trader 200 points in all.
Trade active:
14:43 Hrs 12th Feb 2019
Last Price@10855
Hope you had your stop loss intact - be out
Last Price@10855
Hope you had your stop loss intact - be out
Trade active:
14:50 Hrs 12th Feb 2018
Last Price@10830's
That is the reason why both side views were provided in Trading Strategy above
Selling Below 10850's -if you read in the update carefully.
"Only Risky Traders were asked to buy with 10-20 points stop below 10850- which was lost"
Last Price@10830's
That is the reason why both side views were provided in Trading Strategy above
Selling Below 10850's -if you read in the update carefully.
"Only Risky Traders were asked to buy with 10-20 points stop below 10850- which was lost"
Trade active:
15:00 Hrs 12th Feb 2019
Last Price@10827
Now it is very obvious that It should not move above 10865 - which should be
protective stop for selling trade.
Last Price@10827
Now it is very obvious that It should not move above 10865 - which should be
protective stop for selling trade.
Trade active:
18:50 Hrs 12th Feb 2019
Last Price @10831 - Adjusted price
If 10825-is the support & it holds tomorrow morning session then upside 1st target shall be 10895 -10920 -10950
It's a buy call - keep in mind ------ Sell only below 10925-10920 zone next
Last Price @10831 - Adjusted price
If 10825-is the support & it holds tomorrow morning session then upside 1st target shall be 10895 -10920 -10950
It's a buy call - keep in mind ------ Sell only below 10925-10920 zone next
Trade closed manually:
08:17 Hrs 13th Feb 2019
Last Price@10831
Good Morning!
As suggested yesterday just before market closes (status update) - Expect gap up opening or sharp bounce upside from 10820-10825
Selling to be taken only below 10820-10825 zone - next we will be buying for upside target 10895 - 10920 -10950.
Last Price@10831
Good Morning!
As suggested yesterday just before market closes (status update) - Expect gap up opening or sharp bounce upside from 10820-10825
Selling to be taken only below 10820-10825 zone - next we will be buying for upside target 10895 - 10920 -10950.
Best Regards,
Abhishek H. Singh, CMT
Growth Director - India
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Abhishek H. Singh, CMT
Growth Director - India
http://in.tradingview.com
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
@mklives, Have you gone through the strategy part as mentioned above - Plan A & Plan B ?
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@AbhishekHSinghCMT, just reached office.. i was short nifty at 11100.
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@mklives, You did not cover up your short position which was done as per last idea - "Careful below 11050"
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@AbhishekHSinghCMT, i ecpected a correction to 10800. so will cover it now..
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@vanathi, True, You can save yourself from "Zombies" by hiding in one place but unfortunately, These Smombies -they themselves don't realize till the time they hit someone - later victim has to shout at them - "Arre dekh ke nahi chalne ka kya" (Can't you see & walk /drive).
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@AbhishekHSinghCMT, This happens when people give preference to the ones who are connected through phone rather than who are in front of us. In trading also we sometimes miss what the charts tell us.
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@vanathi, True. That is the reason why I always love to put real life scenarios so that we can take our lessons & become more mature. Thanks
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Last Price@10831 - Adjusted Price
Sorry for wrong figures / numbers - Tomorrow sell only below 10820-10825 zone or Buy above 10830 for 10895-10920-10950 upside targets