Once again Turtle Soup ..

[jamit_05]

holding longs.. looking good.. will add move over HOD... SL below 59 is sound.

So now the risk is of around 3 pts... not bad.

 

[jamit_05]

got out urgently... 3 pt slippage

 

[anup]

shall i get out??

 

[jamit_05]

shall i get out??

MUST !!

U hv taken too much risk already...

 

[jamit_05]

shorted NF with a very small stop of 3 pts...

 

[anup]

Amit: No TS (turtle Soup) trade for last few days...

 

[jamit_05]

Amit: No TS (turtle Soup) trade for last few days...

Had to focus on NF positions... a trend change to up is likely... need to build up... a few more days...

 

[jamit_05]

Got out of the short position.... now the market went up... how important SL is !!

 

[vinst]

DLF futures bearish turtle soup setup on daily chart. prev high 279.3 on 31 Jan

 

[mangup]

DLF futures bearish turtle soup setup on daily chart. prev high 279.3 on 31 Jan

In my opinion, after three white soldiers, it looks risky to short. I think v should wait for one more day to take confirmation of breakout failure.