PNB - Intraday / Positional

14 Şub 2017

Here, is a potential short setup.

I'll go short on PNB tomorrow , only below 145, if it stays above it, no trade entry.

If it's below at 144, I'll go short :

A part for intraday,
where I'll keep 1 point stoploss
and target according to movement.


And the other part for positional,
where stoploss would be 151 ( 7 points ) and
target 132 ( 14 points )

Risk Reward :: 1:2


P.S. If you're buying options , go for 140 PE . Don't go below that.
But beware of risks of options, only for pro traders who understand it completely.

15 Şub 2017

İşlem aktif

Went short 144
CMP - 140.8

Trade is going very well for me !

I hope you guys entered ! And made good money .

15 Şub 2017

İşlem aktif

140 PE value doubled from 1.6 to 3.2 . Good money today !!

15 Şub 2017

Not

See its still above the line. Taking support. Don't add to your position.

15 Şub 2017

İşlem aktif

Intraday position closed at 139.75 .
Positional trade active.

15 Şub 2017

Not

140 PE, doing well at 3.25 . Holding.

15 Şub 2017

İşlem aktif

Keep holding shorts for tomorrow with trailing SL .
Don't initiate fresh longs .
Fresh shorts would provide a lesser RRR now.

135 would be a good place to book partial profits from positional trade .

16 Şub 2017

İşlem aktif

Yesterday we risked 1 point and gained 4 point on that.

Now for people doing positional bring down your stop loss from 152 to 145 now. So now even for positional we are risking just 1 point. Keep booking minor profits along the line.

Have a good day !!

16 Şub 2017

İşlem aktif

CMP - 138.1 .
I HOPE YOU are in with me.
140 PE - 4.2

25 Şub 2017

İşlem elle kapatılmış

Sorry, I have been busy with things, so didn't and can't update my positions anymore. Hope you were able to trade the setup well.

15 Mar 2017

Not

Forming a channel, watch for the breakout above white line. Chart closed for me.