Good morning Friends.
After 7 days today my net start working properly,so I am able to post from today onwards.
in the mean time Nf makes a new high & retrace back to 5390 zone yesterday.
A lot of selling pressure on the upside is there so its very hard for Nf to Close above 5500 in Aug also
Lets see yt hapens in Aug.
Besicde today is the expiry of July Series,I am expecting expiry @ 5410 level as per Vix level.
One can buy a CE of 5400 when Nf is near to 5385 with a sl of 5380.
Trades for today:
Buy Nf @ 5380 Sl-5360 T-5400,5420
Short NF @ 5420 Sl-5435 T-5400,5390,5375
Trades as per Pivot Trading:
Buy above 5402 Sl-5384 T-5417,5436
Short Below 5383 Sl-5401 T-5368,5350
Trades as Swing trading.
System Short @ 5390
As per swing trading we have to remain short
ReplyDeleteuptill nf closes near or below 5390.
If it closes above 5405-10 turn long from short.
I am trying a gamble going to buy a 5400 Ce @ 5 with sl 0 T-10
ReplyDeleteNf crackes Now
ReplyDeleteBelow 5383
If it sustain below it than going to short otherwise wait
Rather going short I prefer to go long on my level of 5380.
ReplyDeleteNf not showing much weakness
Uptill both long & short call work well
ReplyDeleteLong call miss by 2.5 points
I still long @ 5388 exit@ 5412
Short @ 5420 Aug. & holding for 5400 with 5420 as Sl
Take Nf short positionally if closes below 5390
ReplyDeleteNow onwards I will try to post over bank nifty also
ReplyDeleteDear musti sir,
ReplyDeleteWelcome back.
Regards
Suraj