Nifty Futures Positional Trading

[jamit_05]

Even our adds did well today. But since Option Chain is not showing meltdown, was convinced to book 50% profit on the adds. Original positions still holding.

 

[seetharamank]

i am happy to see ur views and it is flowing

 

[jamit_05]

Okay... back in the game.

Original positions still holding, since shorted at 5784;
Made adds at 5743; 50% sold and 50% still holding;
This lots were auto squared off due to expiry. I will take new positions in Apr month on Monday.

Since it is expiry, I will post my trading record for the past two months in NF:

 

[moody_man]

So you are still willing to short the April contract ?

 

[jamit_05]

Continued the short positions in the APR Contract. Next time around I will try and foresee this roll-over to save slippage and brokerage.

 

[jamit_05]

All geared up to take some more short positions... same exit strategy take profit on 50% at a decent distance... nullify risk... hold the rest.

Short NF 5718.90
SL 25 points.

 

[jamit_05]

All geared up to take some more short positions... same exit strategy take profit on 50% at a decent distance... nullify risk... hold the rest.

Short NF 5718.90
SL 25 points.

Shorts exactly at 5718.90 ; just as planned.

However, the price did not continue... but swiftly reversed. If the 12.5 point stop hits before a 5 min bar closes across my level... I will opt out.

I want to see at least a 5 min closing in my favour before I bet complete 25 points for a position !!

 

[jamit_05]

Shorts exactly at 5718.90 ; just as planned.

However, the price did not continue... but swiftly reversed. If the 12.5 point stop hits before a 5 min bar closes across my level... I will opt out.

I want to see at least a 5 min closing in my favour before I bet complete 25 points for a position !!

Got my 5 min close... now place 25 point SL...

 

[jamit_05]

Yesterdays short position still is not safe. Waiting for break of pLOD, below which 5600 is inevitable... which is where i may take 50% of total positions out...

 

[jamit_05]

Yesterdays short position still is not safe. Waiting for break of pLOD, below which 5600 is inevitable... which is where i may take 50% of total positions out...

SL hit at 5744.25; Will look for re-entry below Open.