As a follow up from yesterday's post, today 10:45 is the key. Either Nifty will go down till then or in a sideways fashion will go up till then and the fall.
We will simply hold our current position with TSL at 9925 NS. At 10:46 we will exit in case of scenario 1 and tighten the TSL in case of scenario 2.
We will simply hold our current position with TSL at 9925 NS. At 10:46 we will exit in case of scenario 1 and tighten the TSL in case of scenario 2.
Komen:
I think its going up till 10:45 and then down.
Komen:
One may exit here nd short again at 10:45 or can hold with patience
Komen:
BankNifty by the way is just 5 to 12 points up.
Komen:
9925 is not a strict stoploss. We need to wait for 10:45.
Komen:
Now 9925 is a strict stoploss, close all short positions if it gets hit. One can also intitate freash shorts or add to position.
Komen:
Next critical time is 13:09
Komen:
Action: At 13:09, please book all profits, stay out till next call.
(Hit likes, we are profitable!)
(Hit likes, we are profitable!)
Komen:
Will short on Monday, have a nice weekend! Overall the trend is down only.
Komen:
Attention please.....there is a resistance emerging at 15:21 and Nifty is also almost at day's high. Once can short there and carry forward.
Komen:
Action: Short here and carry forward, stop loss 9935 NS.
