16 Apr - Nifty Virw and trading plan.

Hi All,

Today the first critical time is 09:20, after which if market is going up we can go long with a tight stop-loss. If its going down we will wait for another critical time in the second half. Stay tuned.

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Going long....

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12:20 is the next critical time, lets check market action there.

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Continue to hold long position patiently #Nifty #BankNifty

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Stoploss is in #Nifty Spot terms : 10430 NS.

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So the move is sluggish and 12:20 is approaching. There we will exit this long position and go short.

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Exited and have gone short , stop-loss 20 points above day's high in Nifty.

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Exited and have gone short , stop-loss 20 points above day's high in Nifty.

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The first trade in the morning was long and it ended in a profit, The second one was exited in a small loss. And now again we are long. And nifty is about to go above Friday's high!

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Carry forward the long position. Nifty is now above Friday's high. Nifty will continue to go up at least till 20th first and then even on 24th

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This is a rally which most TAs missed even today! Had called on Friday itself we would go up till 24th, and see whats happening!

pankajvw