Nifty Futures Intraday Trading Report July 11, 2011

A choppy day with the contract showing signs of weakness and strength in an intermittent manner. I had incurred loss of 20 points while trading the last session. So my intention for the day was to secure back the lost 20 points. This I could do so by shorting in between 5650 and 5660 only to square it off in between 5630 and 5640.

I entered long in this level (5630 – 5640). However, the contract began to falter. This I did precisely three times – and all the three times, the contract touched my stop loss.


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