Saturday, 15 November 2014

Nifty Future Trading Levels- 17 Nov 2014

Crossing 8428 Buy and add more around 8415 Stop 8381 Tgt 8441,8465

Breaking 8381 Sell and add more around 8393 Stop 8428 Tgt 8367,8344

Sideways market between the Buy and Sell levels

Buy at 8387 Stop 8381 Tgt 20 points
Sell at 8421 Stop 8428  Tgt 20 points

Result
First Sell triggered at 8381 and Stop got hit- Loss of 47 points
Buy at 8428 reached 2nd target- Profit of  35 points.- Net Loss 12 points

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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