Thunder918

6th OCT STRATEGY. NIFTY NEAR UPPER END OF CHANNEL

Long
Thunder918 Updated   
NSE:NIFTY   Nifty 50 Index
There was a big upper candle today suggesting price rejection. However trend is still positive on HA, CCI and Bollinger. This would mean a gap up opening for next 1 or two sessions followed by downward movement. Levels are shown above.
Would be trading with the sgx nifty trend tomorrow and day after for first 15 mins and thereafter close trades by 0935hrs only to re-initiate after 11am
Trade closed: target reached:
Done for this trade
Trade active:
broken the upper line in initial trade.... time to again go long for this expiry
Trade closed: target reached:
Trade closed now. Booked profit on call options
Bought 11800 put options @rs 66 with 50% stoploss.
We should see a market reversal this week or next, for 11500 levels.
Lets see !!

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