Wednesday, 20 March 2013

20th March :


9:10 AM :  I went long with few lots yesterday.
                    Eyeing today for collecting more LONG 's
5705 is the Stop Loss for me.

9:20 AM : Buy orders pushed @ Nifty 5722

9:45 AM : Survived till now. But looks a tough ride. Bets rolling with daily MACD @ poisonous position.  Upside and reversal can be like rocket as we approach day end.
 And during this , bear's attack is a very expected action , surprisingly from the opening bell lol. That was the sole reason of placing SL far away from yesterday's low.

I am above my buying price.
Miser traders tired of their old habit of placing SL at last lows should be out of game by now .

11:20 AM : We are falling back. Currently 5716 . If SL remains untouched , the third attempt to break day high should go strong.  A U turn somewhat from here and don't sell your positions , we will zoom up intraday. I will give up positions if we take out days low.

11:27 AM :  I am thrown out of the ring by Smarter Market.
                    Next time.

SS

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