Swing Trading NIFTY and Crude OIL

Sidz

Well-Known Member
#2
Entered into Nifty shorts at 7550.

Rationale: It has been a 600 upmove, with plenty of gap up openings. Market is preparing for a wild swing after consolidation on the last few occasions where the trend has been 7450-7550 mainly. I am predicting lesser chances of rate cuts also. Hence, the swing short. With a stop loss of 7750.
 

deba72

Well-Known Member
#10
Entered into Nifty shorts at 7550.

Rationale: It has been a 600 upmove, with plenty of gap up openings. Market is preparing for a wild swing after consolidation on the last few occasions where the trend has been 7450-7550 mainly. I am predicting lesser chances of rate cuts also. Hence, the swing short. With a stop loss of 7750.
If you are taking 200 pt SL what is your expected profit figure ?
 

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