Trading Intraday: Crude, Copper, Nifty & Banknifty

[NTrader42]

another stop hit

 

[NTrader42]

was probing for a short entry, as expecting a retrace on hourly charts, hourly charts still in an uptrend, but looks like topping out.

both 15 Mins and 5 Mins charts were in a sideways now looks like breaking out to upside.

 

[NTrader42]

One more try at the short entry, 5264 stop xx70, lets see

 

[NTrader42]

stops BE now, tgt 5242

 

[NTrader42]

Looks like probing the wrong side today

anyway out now at no loss

 

[NTrader42]

Finally got some distance on a short trade short xx64 stop now at BE tgt same 5242

 

[NTrader42]

Nifty Intraday on 5 minutes for now 4737 is the Level to watch. If we trade below that then we get back into short mode.

Thanks

 

[NTrader42]

Crude Oil opens with a small gap up, continues to be in a long Mode on 30 Minutes charts.

Looking for Long trades on 5 Minutes Charts

 

[NTrader42]

Crude Oil opens with a small gap up, continues to be in a long Mode on 30 Minutes charts.

Looking for Long trades on 5 Minutes Charts

Buy on Dips working quite well today on crude.

 

[NTrader42]

Hello

"Buy on Dips" is easier said than done :lol:, not easy to get the turns, but trading is simpler when i have to just focus on taking trades only on one side.

Thanks