We have sold Nifty Future at trigger price of 4831 (as 4841 level for short did not trigger) after exiting the earlier long position. So for Nifty Swing, next call is :
Buy Nifty Future at 4834 on 16/02/2010 and Hold. If Nifty Future triggers at 4834, then place stop loss 50 points below this level for double lots. The stop loss will be valid for 16/02/2010 only.
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Hansraj Sir,
ReplyDeleteI have a objection How U consider 4831 level as there nf not trade again at this level since morning.
As per your previous rules we have to wait till 9.10-15 But this level has been passed out at 9.05 only & never back again to it.
So how u going to trade at 4831?????
Hi Musti - I think u need to re-visit the rules. There is a rule to place a bid at 10 points below the trigger price also for selling nifty and 10 points above the trigger price for buying nifty at the opening gap-up/down situation. We used that option. Had the nifty opened below 4831, then we would have followed the rule of deciding level at 9.10 am. Please go through all the rules again.
ReplyDeleteHi Hansraj ji,
ReplyDeleteHave you posted the rules here on your blog or are you referring to the earlier rules.
Thanks & regards,
Amit