I have been back testing Nifty with a simple strategy in order to find an edge in probabilities of trading. I book minimum of 250-280 points is gain in a month. loss is negligible if you see risk reward ratio. keep eye on levels & Stop loss. its proven trade setup. profit is sure!!
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Wednesday, August 6, 2014
NIFTY SPOT LEVELS FOR 7th Aug
Nifty is Buy above 7705
Stop loss 7680 Target 7775
...If stop triggers just reverse your position and short nifty for target price 7635 with stop loss @ 7705
Today keep eye on 7705 spot. above 7705 target comes near 7775 sure.
ReplyDeletecall is active. maintain stop loss @ 7680 spot for longs.
ReplyDelete25 points SL hit. then as suggested taken short position 7680 target reached 7635 in minutes. net 20 points profits gain for today
ReplyDelete