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Tuesday, 26 August 2014

26082014


Nifty opened gap down below PDL and BRN 7900, then it went upto PDC and start trading in a small range with too many decision points in between. After few hours it break below IRL.Attempted only a short trade
1). Short below IRL at 7889, SL above 7896, TP at 7883. +6 points.
No other trades.
 
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2 comments:

  1. UnknownAugust 27, 2014 1:31 pm

    hi i will trade only nifty(may be till next 1 or 2 years) , but im planing to add 1 more instrument in future.
    i want to add an instrument now and study its nature of movement wen nifty is not moving(mid session) and
    so anyone suggest one futures instrument which move independent of nifty i.e it should give trade oppurtunities wen nifty in
    1 consolidation. 2 .at mid session hours.
    may be like forex or commodities and may be crude oil or may be other NSE index futures?

    ReplyDelete
    Replies
    1. VKMAugust 27, 2014 4:17 pm

      You can try Banknifty, Axis Bank, Tata Steel, LT or any other liquid stock. I used to track these stocks only and they give good moves intraday.

      VKM

      Delete

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