Good morning
Today's JN SAR - 5331 day pivot 5369
SS lines are near over sold zone. Waiting for positive cross over.
9:34 Positive cross over seen and bought 3 lots 5402 stop loss 5370 (day's low 5373)
9:42 There is channel resistance for nifty spot @ 5395 (now it is at 5393). I hope for this to be overcome. Any how trailed sl to 5395. Currently trading 5408.
10:15 Options data became bullish.
10:36 Trailed sl hit. loss of 7 points on each lot.
Though I am out of trade I will check the price if it hits our original sl or target. Because today I have trailed stop loss too tightly seeing resistance in spot price.
12:02 Not much movement in price. Price is near 5400 and Stochastic lines are coming near to give negative cross over.
12:31 Negative cross over seen. Price is 5398. Even if we did not trail sl, we had to exit our trade now. Still a loss of 3 points more as my trailed stop loss hit 5395.
2:40 Negative cross over failed and price is still with in our original target and sl.
3:09 Finally price crossed our target (with out us)
Total 26 points profit per lot in 14 trades this month.
Total score 22 wins - 10 looses
Today's JN SAR - 5331 day pivot 5369
SS lines are near over sold zone. Waiting for positive cross over.
9:34 Positive cross over seen and bought 3 lots 5402 stop loss 5370 (day's low 5373)
9:42 There is channel resistance for nifty spot @ 5395 (now it is at 5393). I hope for this to be overcome. Any how trailed sl to 5395. Currently trading 5408.
10:15 Options data became bullish.
10:36 Trailed sl hit. loss of 7 points on each lot.
Though I am out of trade I will check the price if it hits our original sl or target. Because today I have trailed stop loss too tightly seeing resistance in spot price.
12:02 Not much movement in price. Price is near 5400 and Stochastic lines are coming near to give negative cross over.
12:31 Negative cross over seen. Price is 5398. Even if we did not trail sl, we had to exit our trade now. Still a loss of 3 points more as my trailed stop loss hit 5395.
2:40 Negative cross over failed and price is still with in our original target and sl.
3:09 Finally price crossed our target (with out us)
Total 26 points profit per lot in 14 trades this month.
Total score 22 wins - 10 looses
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