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Buy/sell

Discussion in 'Technical Analysis' started by siva934127, Dec 12, 2014.

  1. siva934127

    siva934127 Member

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    Hi Shabbir,

    Please let me know your thoughts about bank nifty, I am holding bank nifty futue sell.

    Thanks,
    Siva.
     

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    siva934127, Dec 12, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Whats your SL and Target?
     
    shabbir, Dec 12, 2014
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  3. siva934127

    siva934127 Member

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    Hi Shabbir,

    Please find my trade details below

    ENTERED AT 18323
    TARGET 18075
    STOPLOSS 18600

    Thanks,
    Siva.
     
    siva934127, Dec 12, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    Don't see a reason for shorting because I still see neither long nor shorting charts and so more of a no trade zone. Make sure your stop loss is very very strict.
     
    shabbir, Dec 12, 2014
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  5. siva934127

    siva934127 Member

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    Thanks for correcting me, today I closed the position for no loss/no gain because of IIP/CPI numbers will be released after market hours .... who knows Monday what will happen:confused:

    Thanks,
    Siva.
     
    siva934127, Dec 12, 2014
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  6. shabbir

    shabbir Administrator Staff Member

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    Smart decision. Never wait for the event to unfold and do everything before the event. Event can be a double edge sword.
     
    shabbir, Dec 13, 2014
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