Today's strategy are:
If the Nifty Feb Futures reaches 4690 or so, then I plan to BUY the remaining 50 shares of Nifty FEB Futures.
If Nifty Feb Futures goes below 4670, then I plan to sell the 100 shares of Nifty Feb Futures that I will currently hold. In addition, I plan to go SHORT on 100 shares of Nifty FEB Futures at 4670. Therefore, the idea is to SELL 200 shares of Nifty FEB Futures at 4670.
Pricing action indicates that there is a strong likelihood of the Stop Losses being hit.
Just bought 50 Nifty FEB at 4687.05.
Got stopped out of 100 LONG Nifty FEB at 4674.05
SHORTED 100 Nifty FEB at 4674.05
Market is moving against me. I am going to keep a STOP LOSS of 4765 for my SHORTS.
Got stopped out of 100 SHORT Nifty FEB at 4765.05
SHORTED 100 Nifty FEB at 4802.95. Keeping STOP LOSS at 4827.95
Sunday, February 7, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment