Sunday, 17 February 2013

Trade Plan : 18th Feb


NIFTY :  Remember I had pushed my SL of shorts to 5882 during Friday . Why ? Because above it we would have broken above the downward channel for which I was playing.
We did by the close and now prices are acting smart to bluff the shorters.

"Tum Ser to ham sawa ser "

We might bounce. I am using the word Might.
Monday I am expecting a boring session with prices trying to push themselves higher.

We might bounce till 13 ema or yellow line shown in charts.
I am position less and will Short again as close as to 5950 .




Perfect Plan to trade Nifty : Hold On. Let the prices jump to Short Again.
                                               Not intending to play for the bounce because in the End we have to Fall and we might even fall without a bounce. So better wait and watch.

Remember : Sitting on sidelines is the only position where risk of losing is 00.

FORTUNE Trade :  I will post it at 9:30 am on Monday Morning . Why ?
                                  Looking at the high number of visitors of the blog , I want my positions to get traded before multiple orders interfere with my limit price. I will trade it in first 5-10 minutes then post it here right away.

SS
                                             

3 comments:

  1. This yellow line for???

    ZXC

    ReplyDelete
  2. Yellow Line : Ideal SL for Kangaroo tails is the Midway of the tail.
    Hence not looking prices to go beyond that.

    SS

    ReplyDelete