Update 09:43 AM: Nifty CMP 10558 - Cover 50% of shorts initiated in Trade-1 @ 10858 ( hold balance short 50% of Trade-1 and 100% of trade-2. Will keep updating whenever anything needs to be done)
Update 10:15AM: Nifty CMP 10535 - Cover balance 50% of shorts initiated in Trade-1 @ 10858. Trade-1 closed. Carry Trade-2
Trade-1 covered @ avg price of 10546. Trade 2 is open.
Update 12:30PM: Nifty CMP 10600- Nothing to be done as of now. Hold shorts as told.
Update 03:25PM: Nifty CMP 10740- Nothing to be done as of now. Hold shorts as told
Nifty is witnessing short covering +value buying from oversold zone that's the reason we booked part profit almost at day low.
Update 10:15AM: Nifty CMP 10535 - Cover balance 50% of shorts initiated in Trade-1 @ 10858. Trade-1 closed. Carry Trade-2
Trade-1 covered @ avg price of 10546. Trade 2 is open.
Update 12:30PM: Nifty CMP 10600- Nothing to be done as of now. Hold shorts as told.
Update 03:25PM: Nifty CMP 10740- Nothing to be done as of now. Hold shorts as told
Nifty is witnessing short covering +value buying from oversold zone that's the reason we booked part profit almost at day low.
Rahulji,
ReplyDeletecan i take fresh short position in nifty this lavel or please suggest
Sanjay ji we are currently short and our trade (no.2) was initiated at 10684 so yes you may initiate shorts. But pls note that we covered our earlier shorts with a profit of 300+ points so even if exit the current trade in say 100-150 loss overall we will still be in profits. But if you initiate shorts now then there is always a slight risk of you suffering losses. If you are ok with probable loss then only you should enter shorts now. I always tell my followers to think of loss first before you think of profits
DeleteIf you wish you may join us for whatsapp updates for free. https://niftywaveindia.blogspot.com/search/label/Announcement
Ok Rahul ji thanks actually I am day trader and watch your trade interstly from new high near ,you are realy a genoius what a research study daring and your thinking. I am fan of you really impress with u but I want when you take fresh new position then I take Any trade ,😀🙏
ReplyDeleteThank you for your kind words Sanjay ji, this means a lot. However there will definitely be a time when I will go wrong for few trades in one go ( no one can be right in market all the times). Hope you will show the same confidence even at that time.
DeleteJust to reiterate you may join us for whatsapp updates. We are running a extended trial period for now and you do not have to pay anything for as long as the trial period runs ( totally upto you).
Thanks & Regards
and unfortunately I do not advocate day trading not a big fan of same. Not saying its wrong its just that its not my cup of tea.I am not capable enough for day trading and my methods are not suited for same. I like to do 2-3 trades in a month (sometimes not even 1 trade in a month).
Deletesir i lost lots of money in stock market to cover my losses blessing with your hand and experience i want to cover my all losses
DeleteThe only way to make money in trading is to be disciplined, be patient, not leveraging, following rules and keep losses in check. if you try to cover everything in 1 month, its only going to increase. you cant take more than what the market is willing to give you, so you must respect that.
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