Nifty Futures Intraday Trading Report March 18, 2011


Trade 1: Entered long in between 5470 and 5480 with the expectation that the contract’s value may rise. It hit my stop loss which was placed in between 5460 and 5450.

Trade 2: Entered short in between 5460 and 5450. Target lay in between 5430 and 5420. Target was achieved in no time.

I waited for the rest of the day for the contract to scale up and touch levels in between 5460 and 5450 (so that I may short that those levels once again). This did not occur. šŸ™‚

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