Friends today I intoduce my new trading methodology,
Nf Weekly Trading
In this we take position on weekly basis only.
This week our SAR level is Friday closing 5700.
We take Friday High & Low for initiating trade today.
Friday High 5717, if Nf able to sustain over 5700 & taken Friday high we create a long trade.
Similarly If Nf trade below 5700 & sustain & taken Friday Low 5665 we create a short trade.
These values only for today.
From Tuesday to Friday we take MOnday High & Low.
I pray Almighty we all earn through this methadology.
Our Sl for each trade is 30 points.
Nifty Long trade trigger @ 5717 made a high of 5748.
Now book 1 lot @ + 50 points, means 5767, hold remaining with sl 5717
If Nf falls again kee p sl of days Low.
Total loss will be of only 22 points.
Nf Weekly Trading
In this we take position on weekly basis only.
This week our SAR level is Friday closing 5700.
We take Friday High & Low for initiating trade today.
Friday High 5717, if Nf able to sustain over 5700 & taken Friday high we create a long trade.
Similarly If Nf trade below 5700 & sustain & taken Friday Low 5665 we create a short trade.
These values only for today.
From Tuesday to Friday we take MOnday High & Low.
I pray Almighty we all earn through this methadology.
Our Sl for each trade is 30 points.
Nifty Long trade trigger @ 5717 made a high of 5748.
Now book 1 lot @ + 50 points, means 5767, hold remaining with sl 5717
If Nf falls again kee p sl of days Low.
Total loss will be of only 22 points.
Sorry for late update.
ReplyDeleteI book 1 lot @ 5757 as 5767 is a stiff resistence in Nf.
Holding other Lots with days Low sl.