Nifty 8DMA plus minus trading stratagy

10 oct trade levels.

Nifty long position hold with spot stop loss @ 7935 (we long at 7928 cmp 7960)



Bnf is buy if opens between 15300-15450
Bnf is sell if opens between 15666-15860

Place 115 point stop loss to bnf long/short after order execution. Minimum tgt will be 100 points.
 
Nifty gap down opening a very rare case in our stratagy. Dnt worry at all. We wil recover

Bank nifty 15666 to 15550 initial target 100 pts achieved in first hr itself.:clap: execution price may vary 10-20 pts case to case
 
Bank nifty 15666 to 15550 initial target 100 pts achieved in first hr itself.:clap: execution price may vary 10-20 pts case to case
Hello

Over the weekend can you post some historical data (maybe Jul-Sept 14) of your levels for BNF.
Would be interesting to see how they worked for last 50-60 sessions.


My today's trade on BNF




This trade was not based on any pre-defined levels

Gap Down, first 15 mins strong down bar, so went into sell on rise mode . . .
The point to cover was based on support area between day-before Close and yesterday's Open.

Cheers


Happy :)
 

marimuthu13

Well-Known Member
Hello

Over the weekend can you post some historical data (maybe Jul-Sept 14) of your levels for BNF.
Would be interesting to see how they worked for last 50-60 sessions.


My today's trade on BNF




This trade was not based on any pre-defined levels

Gap Down, first 15 mins strong down bar, so went into sell on rise mode . . .
The point to cover was based on support area between day-before Close and yesterday's Open.

Cheers


Happy :)
hi happy...

traded QTY is very well visable as 250 (10 lots)...:rofl::rofl::rofl::rofl::rofl:
 
Hello Muthu

Glad to see that you are so happy :)

but maybe its just 1 lot, but definitely not 100 :D

anyway, that's not important, this trade was based on short term trend
where as on this thread the OP is trading BNF based on pure S/R zones,
irrespective of the trend, which for me is quite interesting :thumb:

btw, if anyone wants to learn anything for other's trades
the time of execution is an important factor and not the quantity traded ;)

Cheers

Happy :)
 

marimuthu13

Well-Known Member
Hello Muthu

Glad to see that you are so happy :)

but maybe its just 1 lot, but definitely not 100 :D

anyway, that's not important, this trade was based on short term trend
where as on this thread the OP is trading BNF based on pure S/R zones,
irrespective of the trend, which for me is quite interesting :thumb:

btw, if anyone wants to learn anything for other's trades
the time of execution is an important factor and not the quantity traded ;)

Cheers

Happy :)
hi happy

i just wrote for fun..if u r hurt...extremely sorry..otherwise have a fun too
 
hi happy

i just wrote for fun..if u r hurt...extremely sorry..otherwise have a fun too
Come on bro why would anyone get hurt :thumb:

just hope that sspagro will also enjoys this :lol: . . .

and won't mind us spamming his thread this one time :D


Happy :)
 

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