A Blog for Nifty Trading, Positional and Intraday Trades.
My Strategy = DP → BB → OI
I am not a certified analyst. The charts shown and the content in the blog are for educational purpose only and in no way is a buy or sell recommendation. Readers are advised to use discretion.
Monday, 12 May 2014
Intraday Trades - 12.05.2014
Intraday: Nifty gave a Gap up & a fast upmove. Was left behind with no good signal.
1) A long on break of RH & BRN with close outside BB. Gave my SL.
2) Again a Long on TRAP with break of BRN. Closed with 35 pts.
sir,
ReplyDeletehow I can identify TRAP setup ? pls, give an example with a chart if your time permits.
hi Puchu,
DeleteWill update with an example ASAP.
Thanks,
Deven Malhotra
Booked Profit in my Positional Longs at 7170.. Don't like too much Gap ups in between trades..
ReplyDelete