Trade Alerts : 10th Jan
*** INTRA-DAY TRADES *** * Buy Mini Nifty 5890, sl 5845, tgt 5935Stop Hit– 45 * Sell Mini Nifty 5833, sl 5855, tgt 5800/ 5777Booked out at 5812.+ 21 *** OPEN TRADES *** Total points for the Day : Mini Nifty : -29Nifty : Bank Nifty : Option : Cumulative for the month Mini Nifty […]
Long Liquidation continues
In profile we often use the term “long liquidation” to describe the process of movement of money from existing long positions. Similar to short covering rallies, these breaks are against the prevailing trend and can be sudden and sharp. Those who are still grappling to get to say 58XX levels instead of 61XX levels so […]
Nifty & BN high volume nodes
Below are the high volume reference points for the Nifty and the Bank Nifty spot. HVN’s or high volume nodes tend to act like magnets and often slow down the auction process around them. These are extremely good points to manage existing positions or initiate new ones. Nifty spot : Bank Nifty spot :