Building a "SYSTEM" is single cornerstone of successful trading. There is no right or wrong in the stock market...there is only the reality of price and profit or loss.
Tuesday, December 8, 2009
Nifty and bankNifty
Nifty
Long only above 5077, ideal target 5088, and remaining targets 5100,5119,5144.Keep Stoploss as 5050
And
Short below 5039, ideal target 5026, and remaining targets 5014, 4996, 4971.Keep Stoploss as 5064
[11.05] Nifty Long reached ideal target and target 1 (5100) and currently trading at 5091
[2.16] Nifty Long achieved target 1,2, and 2 points away from target 3(5144)
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BankNifty
Long only above 9189, ideal target 9210, and remaining targets 9254,9290,9351.Keep Stoploss as 9144
And
Short below 9119, ideal target 9096 , and remaining targets9052,9018,8955.Keep Stoploss as 9162
[11.05] BankNifty long reached ideal target
[2.15] BankNifty long hit stoploss at 9144 and again gave a long @ 9189...reached targets 9254, 9240 and made high at 9305 :)
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