Scalping and more in Nifty Futures

[rh6996]

Now 6227 is SAR, reverse to long at this level. If LOD breaks then this level will be SL only again, no reversal. Will wait for a reversal level to generate on chart.

 

[rh6996]

Excellent start today:
2X50 Nifty short from 6271
Already gained 14 points in 3rd lot and SL for 2 lots in hand is at a level giving 44X2=88 points profit.
A very rare, rather first such occuring for me,

 

[rh6996]

Covered 1 more short at 6171 ! A 100 point gain... my God, this is my first ever century in Nifty or any stock or index !
Still holding 1 short !

 

[rh6996]

Have moved SL to 6181.55 (not SAR) !
Dont believe it that I am safe with ~200 points plus in NF !

Just resolving not to get carried away and remain focused tomorrow and day after and day after that...that is in future!!

 

[rh6996]

Sorry the SL is 6185.55 for the remaining 1 lot short in hand !

 

[rh6996]

6185.55 is now SAR !(Stop and reverse) A level where one can cover short and revert to long !

 

[rh6996]

Reverted to long at 6185.55 and SL below 6160 ! Not taking these trades though!
But tracking the system. Profit in hand more than , much more than expected ! Almost 200 points.

 

[rh6996]

Its a sell below 6158 with above 6178 as SL ! But no harm in quitting for the day !

 

[rh6996]

Another BUY signal.... SL for earlier long was saved by a few points,If not already long one can go long here at above >6180.55 with SL below LOD !

 

[rh6996]

Another BUY signal.... SL for earlier long was saved by a few points,If not already long one can go long here at above >6180.55 with SL below LOD !

I am out of trade, had I entered here, I would exit 1 lot at 14 points : 6194 and move SL to cost !