Tuesday, July 17, 2012

17-7-12 Trade dairy

JN SAR for today 5280

9:55 SS lines are near lower dotted line, I am waiting for them to come up and give a negative cross over.

12:02 SS lines are touching, waiting for Negative cross over

12:23 Negative cross over seen shorted 2 lots 5216 with stop loss of 5250.  (5248 is day high so relaxed stop loss by 4 points)

12:55 Trailed sl to 5225. (Nf now trading 5210) Hammer seen in 5 mnts. chart.

2:15 no price movement seen so far.  SS lines nearing lower dotted lines.  Will exit 1 lot @ cost to reduce the risk.  (Dinesh Rishi Sir once said "When in doubt - get out").  Exited 1 lot @ 5212

2:28 With in minutes of my exit of 1 lot Nifty has come down 10 points :(

2:34 booked remaining lot 5196 (20 points)


1 comment:

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