Friday, 7 April 2017

Nifty Future 07042017


Today again the gap down open was very tempting to go for the blind long trade.  After that prices remained range bound  There was a direct BO long entry possible above range high (blue line).  However, it was a mediocre kind of setup, hence avoided.  After filling the gap, it refused to move higher.  If buyers had enough strength, after filling the gap, we can expect prices to continue to move higher. Failure of this presented a nice BOF short trade as marked which moved exceedingly well.

4 comments:

  1. Nice trade URD
    Are you stopped treading in stocks ??

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    Replies
    1. Rudramuni

      Thanks. Stock trading is going on well with the focus on trading stock futures. My objective is to earn at least Rs. 25K per month from couple of hours trading in morning from 1 lot. Lets hope for the best. Will update the monthly performance report at the end of the month if possible.
      URD

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    2. Thank you URD
      Please update monthly performance report end of the month we will waiting please...

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