On 30 Jan 2014, No trades did due to expiry. Now holding 5983 NF, can take NF upto 6175 levels one more time. NF not crossing 6175 level, can drift NF to lower levels. Trade with small stoploss at the given levels.
Nifty is long with a stoploss of 5983 NF holds daily & 5984 NF holds on hourly.
Targets for the trailing longs 6175 range.
Trade
with strict stoploss to safeguard the positions. Break of these
stoploss levels can drift Nifty slowly down till 601x levels. Break of 600x can trigger NF to 588x levels. Will revisit if
the stop breaks else will continue to hold the longs.
If
the Nifty moves towards our trade direction, will hold with a new
revised stoploss. Else will hold with the current stoploss strictly. Now hold the position until next signal come.
Stay tuned for exact entry in trades.
****Read the disclaimer before you take trading decisions.
All traders watch the risk reward before entering into any trade. Safe players better to participate the low risk high reward trades. Read the guidelines before you trade.
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