Friday, 12 October 2012

Just Trade Nifty Trend - 12 October 2012


Current Position
Long @ 5668.50 on 11 October 
SAR for tomorrow @ 5662.50 
Maximum Gained 75 points

How To Trade JT Trend

  • Trading Above High Level indicates Breakout
  • Trading Below Low Level indicates Breakdown
  • The Buy/Sell Indicates that the previous day Nifty has closed above or below that level.
  •  Simple method of trading the above level is to be long above MIDDLE Level and Short below. Trading below Low/High indicates breakout/trending and we can hold position for a few days. 
  • Once position is taken above/below initial stop loss of 22 points to be placed.

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Nifty Future Swing Trading-

 Long trade taken at 22254 now stop and reverse at 22951. Entry to be taken at 1 hour candle closing below 22951. Happy trading JT