Tuesday, May 17, 2011

Nf Weekly Trading

Yesterday Shorts created @ 5520 level, Hold them with sl of 5540 Spot.

Cover 1 lot near to 5470.

Nf tries to recover modify stoploss @ 5520.

Reshort as Nf cant sustain 5520.

My original view of a down trend resolves after hiting my sl.


The reason may be ONGC & Reliance but it gives signal priorly.

Smart Money always act in advance.

In this I lost 5 points.

Try to cover near to 5565-70 1 lot. there may be a small Bounce.




Thx to Sbi result


Atlast Nf Broke from its range.

Booked Out 1 lot with 50 point profit @ 5465

Trailing second with 5480 sl on Closing basis.


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