Wednesday, 17 October 2012

Update for 17 October 2012


2 comments:

  1. irfan sir , Good evening
    sir i am not able to understand your trade log and confused i.e nifty sell @ 5675, cover @ 5720 and buy 5740. kindly teach me if possible and you have time.
    thanku sir,

    varun kumar
    market learner

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  2. Hi Arun Kumar Sharma,

    mine is positional mechanical system, if you check the day before it says sell at 5688, I sold at 5685 and holding overnight.
    Next day system says sell at 5675 but I already sold then I will look for stoploss which I normally do at 20 point, sometimes if market rangebound then according to support and resistance or at the most at buy price.

    So today I am short at 5685 with stoploss of 5715 if stoploss hit then will sell at 5669 and buy at 5733 Nifty Future.

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