As per Friday close of 5627 we have to buy today but the bigger problem lies @ 5700-5720 range.
So waiting for a down near to 5627 for a long trade.
But as Nf made a lower high today @ 5679 compare to Friday.
So not initiating any trade at present.
Will trade as per ORB for intraday & if direction is confirmed than only take position for tomorrow.
ORB Nf spot
on upside 5682
on downside 5660.
Will wait for 5 min to sustain & initiate any trade.
So waiting for a down near to 5627 for a long trade.
But as Nf made a lower high today @ 5679 compare to Friday.
So not initiating any trade at present.
Will trade as per ORB for intraday & if direction is confirmed than only take position for tomorrow.
ORB Nf spot
on upside 5682
on downside 5660.
Will wait for 5 min to sustain & initiate any trade.
ORB on downside
ReplyDeleteGM Musti,
ReplyDeleteORB downside and i think sustain 5 minutes below that level...Shorted mini nifty.. any stoploss ...Thanks
@ Ganeshji SOrry for late reply as I am offline.
ReplyDeleteKeep a Sl of 5690 or 5710 as per ur risk appetite.
Or if intaday than 5675.All spot levels.
Orb gives nearly 30 points.
Thanks for your reply,
ReplyDeleteI booked out 25 points in morning trade...