Nifty Comes in Downtrend.....

6 views
Skip to first unread message

Jitendra Joshi

unread,
Oct 18, 2007, 12:15:17 PM10/18/07
to Nifty trader
Dear All,

As Nifty Traded below our support of 5410 in Nifty and 18250 in Sensex
( Given a Note in Blog) at around 3.04 pm, it has come in Downtrend,
we covered our Longs in it @ 5400.

It was mentioned in the Blog that we will create Nifty shorts at the
breach of 18000 Level in Sensex. Sensex breached 18000 at 3.17pm and
its our rule that we do not take positions after 3.15 pm. Thus, we
are out of market right now.

Considering the Volatility and uncertainity in market it is advised to
stay away from F&O segment for few days. We will take fresh positions
from Next month.

ITS ANOTHER MILESTONE:: we booked 870 Points in Nifty Longs this time
bettering our previous record of 300 points profit in a single Move. I
hope we will keep performing well in future also!!!


Happy Trading!!!

Reply all
Reply to author
Forward
0 new messages