Thursday, 18 August 2016

Bank Nifty Future 18082016
















Today traded only in Bank Nifty.  As per the chart posted of Premarket, it broke out of its recent high and there was also good BPB of PDH.  It was like chart shouting out loud to take the position. Initial SL was around 30 points and could ride it out maximum as it was turning out to be a Type 1 trend day and booked at little less than 200 points profit.

Once we acquire the ability to read the prices well, we will be able to trade any market, any instrument in the world.  There are no short-cuts.  Either you gain this ability from others' experience and knowledge or acquire on your own.

1 comment:

  1. Superb trade URD !! Such trades make own's day.

    ReplyDelete