Swing Trading Bank Nifty Future Feb'10 Series

[Trader4242]

Long Bank Nifty Feb Series @ 8375 with a 45 Points stop.

Although the trend on higher timeframe (Hourly) is still down, the long trade is beacuse the gap may give support, so the stops below the low of the day.

The stop is small so worth taking the chance on this trade.

 

[Trader4242]

Long Bank Nifty Feb Series @ 8375 with a 45 Points stop.

Although the trend on higher timeframe (Hourly) is still down, the long trade is beacuse the gap may give support, so the stops below the low of the day.

The stop is small so worth taking the chance on this trade.

Shifting stops to 8365 now risk reduces to just 10 points

 

[trader.trends]

Shifting stops to 9365 now risk reduces to just 10 points

You are ahead of the markets by 1000 points.

 

[Trader4242]

You are ahead of the markets by 1000 points.

Thanks for watching my back TT

 

[Trader4242]

Now shifting the Stops to BE . . .

Not looking for moving the stops aggressively any more, the initial risk on the trade is mitigated, now its time to give it some room to grow.

Will be looking to add 1 more poistion if we move up fast or after some consolidation.