Mini Nifty 26-08-2011
August 26, 2011
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Unfortunately due to software problem, no chart today.
Clean short trade today
SHORT = 4846 (Ema cross, trend confirmed by downward sloping RSI, STOCH)
EXIT = 4750 (Enough profit when goal is just 20pts, and principle of closing position by 3pm)
Profit = + 96
Categories: Nifty Intraday
Mini Nifty 25-Aug-2011
August 25, 2011
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Trade 1
Short – 4882 (final crossover , after 10am, stoch, rsi downslope)
Exit – 4860 (expiry day, expecting choppy trade, trading just for 20 pts, sharp change in stoch slope and rsi upward) — playing afe
Points = +22
Trade 2
Long 4870 (cross over, not after 2.45pm, stoch OK,RSI > 50)
Exit – 4890 (just playing for 20 points)
Points = 20
Total points = 42
There were couple of other trades short initiated later, but was not interested in two many trades on an expiry date. Enjoy profits
Categories: Nifty Intraday
