NIFTY long with a STRONG hedge

١ أغسطس ٢٠٢٠

Target is final gap filling at 1153X before this uptrend tops out. 11100-600 Orbit is also intact.
Caution: NIFTY is dangerously close to break the uptrend started from 15th June and more downside is not expected on closing basis. So, though invalidation is 10827, another red day on Monday could mean that top is already in.

٥ أغسطس ٢٠٢٠

ملاحظة

Modify SL to 10882. Target remains the same. Add more if get dips tomorrow. Reverse trade if SL goes..

١٠ أغسطس ٢٠٢٠

ملاحظة

Tomorrow gapup will be confirmation of bullish trend. If no gapup, exit below today's low and try another long close to 11186. Modify TSL to 11186. Reverse trade if TSL gone.

١١ أغسطس ٢٠٢٠

ملاحظة

TSL 11238. Reverse if gone..

١٣ أغسطس ٢٠٢٠

ملاحظة

TSL safe but this is getting riskier now. And that 11238 TSL doesn't have any importance now. Keep SL 11260 hrly, no more reverse if SL goes.Ideally one more high should come, but that top will be tough to predict.

١٦ أغسطس ٢٠٢٠

أغلقت الصفقة: تم الوصول للهدف

TSL hit. Trade closed.. Only 200 points captured

١٦ أغسطس ٢٠٢٠

ملاحظة

Next trade is also a buy..