Today's trade:
In Nifty18MarFut
Buy: 10354.10 Sell: 10337.00 (-17 pts)
11:35 candle caused me to book losses and reverse.
Sell: 10337.00 Buy: 10324 (+13)
By 13:05 Nifty 50 reached its intraday Pivot point Support level of 10323. So exited and reversed my position. Although this was only a bet, I took it.
Buy: 10324 Sell: 10364 (+40)
My initial target was at Nifty 50 STR in 10min TF placed at 10360. But as there was a momentum in up-move decided to wait till candle end. Then red candle formed, but took support at 5EMA.
Update: exiting at 364.
Total profits: +36 pts. traded only single lot (Capital of 30K only)
Over and out
In Nifty18MarFut
Buy: 10354.10 Sell: 10337.00 (-17 pts)
11:35 candle caused me to book losses and reverse.
Sell: 10337.00 Buy: 10324 (+13)
By 13:05 Nifty 50 reached its intraday Pivot point Support level of 10323. So exited and reversed my position. Although this was only a bet, I took it.
Buy: 10324 Sell: 10364 (+40)
My initial target was at Nifty 50 STR in 10min TF placed at 10360. But as there was a momentum in up-move decided to wait till candle end. Then red candle formed, but took support at 5EMA.
Update: exiting at 364.
Total profits: +36 pts. traded only single lot (Capital of 30K only)
Over and out