Nifty Futures Intraday Trading Report May 26, 2011

A day which helped me learn an important parameter (with regards to day trading in India). It is none other than patience being a virtue.

Towards the middle of the trading session, I shorted the contract in between 5380 and 5390. After displaying a downward movement for about 15 minutes or so, the contract began to surge. Gradually, my stop loss which was placed in between 5390 and 5400 got triggered.

Towards the closing periods, I entered long in between 5350 and 5360. This was an explosive up-move with the trade getting squared off in between 5400 and 5410.


About Praveen Pious Francis
A part-time blogger who has a wide range of interests including investing in the stock markets across the globe and broadband technologies in India.

2 Responses to Nifty Futures Intraday Trading Report May 26, 2011

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