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Wednesday, February 25, 2009

Morning update Wed, 25th Feb:

+ve open, use close TSL to long positions. If TSL hit, prefer intra-day trades with strict SL till last hour. Exit all positions to go flat on exp day.

Expect a +ve open in accordance to Asian counterparts. The traders holding long positions (as mentioned yesterday) should use close TSL and in case of TSL induced exit one should prefer intra day moves till last hour of trade. The traders should exit all positions before EOD and prefer to go flat on exp day.


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DISCLAIMER:

Investment in stock markets is very risky(so it is always better to advise others than trading own). Any analysis is not 100% accurate and for best results, always check charts (?) before investing or trading. No responsibility is assumed for any adverse consequence resulting out of acting on them. Lastly, the blogger may have positions (opposite too) in the trades mentioned in this blog.