Nifty+Banknifty: 1000 points per month

[vijbala]

Hello to all !
I am a full time trader. I am planning to post the entry and exit level of Nifty and Bank nifty. My aim is to get 1000 to 1500 points per month (about 22 trading days). Hope this will be useful to everyone.

As at 9.30 A.M
NF - Long from 5240, current- 5270 (S/L 5250)
Go Short at 5240

BN - Long from 9000, current - 9160 (S/L 9060)
Go short at 9010

 

[Capricorn]

What are these daytrades, swing trades...pls mention.

 

[vijbala]

SWING TRADE ONLY - If at all reverses, may be need to book profit(or exit) same day.

 

[vijbala]

Updated at 11.50 A.M

Nifty exited at 5250. points gained = 10

Go long @ 5280 short @ 5240

BN now @ 9140 Long from 9000.

 

[vijbala]

Time: 1.25 p.m
BN:9190. Long from 9000
S/L : 9100. Take short @ 9055.

 

[vijbala]

Nifty sold @5240. now @ 5225
maintain S/L 5260

 

[vijbala]

NF short @ 5240 S/L 5260.
BN Long from 9000 S/L 9100 (current:9170)
Go short @ 9050.

 

[vijbala]

Exit any Long position in BN @ 9100
Take short BN @ 9050 S/L 9150

NF is at 5200. Move S/L 5240.

 

[Trader4242]

Exit any Long position in BN @ 9100
Take short BN @ 9050 S/L 9150

NF is at 5200. Move S/L 5240.

Hello V

Me also thinks, 1000 points possible if u r trading both nifty & banknifty using swing trades, just that it will be on an average 1000 rather than a fixed 1000 points every month :thumb:

Just one thing your stops/entry levels are big round numbers, I tend to avoid them and if I have to use I observe the price action around these and then execute a market order, it costs me a few more points of slippage but helps avoid stops getting hit frequently . . .

Best wishes

 

[vijbala]

NF 5190 move S/L 5230
BN Short triggered @ 9050 now @ 9010 S/L 9110. :thumb: