nifty swing trading ideas without TA

[jamit_05]

NF at 6035

first target ,20 point achieved

Finally, one short position earning after a long time. :clap: :clapping: :thumb:

 

[horizon99]

Even one position can cover entire loss of this month and positions can be back in profits.

Regards
Horizon

 

[akrsrivastava]

Even one position can cover entire loss of this month and positions can be back in profits.

Regards
Horizon

This can happen only if your second lot(the trend catching lot) is able to catch a good big trend. Else if you are trading with 4 lots and there is one SL hit , that puts you back by 80 points(I trade Minifty). In your next trade, your first set(of three lots) can help you regain 60 points , if it goes in your favor, but the remaining lot has the potential either to increase those 60 points gain or eat into it.

 

[gurmy.]

NF at 6035

first target ,20 point achieved

the way nifty is recovering,it wont be a bad idea to bring the SL of remaining lots to breakeven

 

[jamit_05]

the way nifty is recovering,it wont be a bad idea to bring the SL of remaining lots to breakeven

Rule of confirmation already covers it. If the day does not close across the Entry Level we do not widen stop.

However, it would be smart to be defensive like you suggested, since we are above Daily Ema15.

 

[gurmy.]

the way nifty is recovering,it wont be a bad idea to bring the SL of remaining lots to breakeven

nifty is in long term up trend,and in between there are minor correction

so it is a good idea to trade these correction with great care,and try to take whatever you get with min risk

thanks

 

[gurmy.]

nifty is in long term up trend,and in between there are minor correction

so it is a good idea to trade these correction with great care,and try to take whatever you get with min risk

thanks

nifty almost recovered 50 points from the bottom,it again confirms the strong bullish undertone

 

[gurmy.]

GM friends

system update

short trade opened on 22.2.13,at 6048

first target of 20 point achieved yesterday

those who r still in trade,the SL is above 6070

fresh long is above 6101,but in my view,if nifty crosses yesterday high,6070 and trades above that level for some time,one can go long there,

if one takes position here,take only 50% position,add only after confirmation

nifty is in up trend,till it is above 5950

thanks

 

[PartTime_Trader]

nifty is in up trend,till it is above 5950

thanks

Nifty is on a treadmill trying hard to trim the fat :lol:
(shaking out weak longs) . . .

Cheers
:thumb:

 

[jamit_05]

NF went into a small discount !!