15:20 IST Ummmm......Trailing Stop hit at 5554. So profit = 60 points.
15:10 IST Since second target at 5561 is very close by let us move the Trailing Stop Loss to 5554 (Current Price 5560)
14:55 IST Price moved above first target of 5548 (based on Fibonnacci Retracement) so now let us move our Trailing Stop Loss to just below it at 5544
14:40 IST Notice the blue arrows along the yellow horizontal line, since price retraced from those levels earlier from 5538, though currently nifty futures trading above let us move our Trailin Stop Loss to 5534.
14:25 IST Since NIFTY (Futures) is trading above Friday's high of 5512 and also crossed above todays earlier high of 5522, let us move our Stop Loss to just below today's ealier high to 5520 (Current price 5530+)
13:53 IST NIFTY moved to 5507 so let us bring up our Stop Loss to 5500.
13:43 IST Since NIFTY is not going below 5474, let us buy again at 5494 at our earlier buy price.
13:43 IST Oops.... hit trailing stoploss at break even...!
13:15 IST Europian Futures opened in -ve and struggling, so let us move our stoploss to break even point. Those who may not want to take chance can close at current price of 5508 for a profit of 14 points.
12:14 IST Nifty is struggling near yesterday's high incidentally it was also multiple high that was rejected on friday also. A break and sustinance above this can only take nifty high from here. Supports placed at 5494 - 5475 - 5460 for today. Buy NIFTY now at current price of 5494 with 10 points stoploss. 1st target is 5512 then 5565.
15:10 IST Since second target at 5561 is very close by let us move the Trailing Stop Loss to 5554 (Current Price 5560)
14:55 IST Price moved above first target of 5548 (based on Fibonnacci Retracement) so now let us move our Trailing Stop Loss to just below it at 5544
13:43 IST Since NIFTY is not going below 5474, let us buy again at 5494 at our earlier buy price.
13:43 IST Oops.... hit trailing stoploss at break even...!
13:15 IST Europian Futures opened in -ve and struggling, so let us move our stoploss to break even point. Those who may not want to take chance can close at current price of 5508 for a profit of 14 points.
12:14 IST Nifty is struggling near yesterday's high incidentally it was also multiple high that was rejected on friday also. A break and sustinance above this can only take nifty high from here. Supports placed at 5494 - 5475 - 5460 for today. Buy NIFTY now at current price of 5494 with 10 points stoploss. 1st target is 5512 then 5565.
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