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
This yellow line for???
ReplyDeleteZXC
Kindly ignore
DeleteZXC
Yellow Line : Ideal SL for Kangaroo tails is the Midway of the tail.
ReplyDeleteHence not looking prices to go beyond that.
SS