Day Trading Stocks & Futures

I am long in BNF at 26350. Same where i left it yesterday :)
what is your SL? I see 25984 (Bear SAR) getting hit because Tenken (ichimoku) is inside the cloud. However, more upside is not ruled out. But just keep a tight SL or hedge your position. Besides, close below 26300 is not good for BNF. So everything is green so long as it is above 26350.
 

rahulmalik

You only lose what you cling to.
what is your SL? I see 25984 (Bear SAR) getting hit because Tenken (ichimoku) is inside the cloud. However, more upside is not ruled out. But just keep a tight SL or hedge your position. Besides, close below 26300 is not good for BNF. So everything is green so long as it is above 26350.
Thanks Bro ! I am tightening up my SL while trading BNF, and at times, like now i felt i shud be out of it, so i did.
 

Riskyman

Well-Known Member
LICHSGFIn has resistance around 474 area. I will look for a reversal from here in the next couple of day.
Although I didnt have any positions, LICHSGFIn it turned down from 471-472 levels.
Will consider entering a short in this on a good pull back. Should go back to 395 levels if Nifty slides down.
 

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