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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Morning update Tue, 24th Feb:

-ve open, use close TSL to short / PE positions. If TSL hit, prefer intra-day trades with strict SL till last hour. In last hour:- BTST: NF

Expect a Gap down open in accordance to Asian counterparts. The traders holding short / PE positions should use close TSL and in case of TSL induced exit one should prefer intra day moves till last hour of trade. In the last hour of trade, the traders should exit all short / PE positions and risky traders may initiate long in NF as BTST.


http://niftypredictor.blogspot.com/

Morning update Fri, 20th Feb:

-ve open, use close TSL to short / PE positions. If TSL hit, prefer intra-day longs with strict SL till last hour. In last hour:- BTST: 2900PE, STBT: NF

Expect a weak open in accordance to Asian counterparts. However there are strong chances for some recovery post Indian open. The traders holding short / PE positions should use close TSL and in case of TSL induced exit one should prefer intra day moves till last hour of trade. In the last hour of trade, the traders should re-initiate short in NF and Feb2900 PE as BTST.


http://niftypredictor.blogspot.com/