A TESTED DAY

TRADING STRATEGY

S S Cheema
NO TRADE EXECUTED IN THIS TIME PERIOD – AS THE 15 EMA IS NOT
FIRST TRADE . BOUGHT
ONE LOT NIFTY 4280,
STOPLOSS 4260, TRIGGER
4262
NIFTY MOVES UP 10
POINTS, I MOVE THE
STOPLOSS TO 4270,
TRIGGER 4272
MARKET SHOWS SIGNS OF
WEAKNESS, MOVES DOWN
– I WAIT FOR STOPLOSS TO
TRIGGER – IT DOES NOT
TRIGGER
MARKET MOVES UP I TRAIL
STOPLOSS ALONG WITH 15
EMATO 4290, STOP
TRIGGER 4292.
 +12
POINTS

STOP LOSS TRIGGERED AT

4292

+
 3 EMACROSSES BELOW
15 EMA. I SELL A LOT
NIFTY AT 4285, STOPLOSS
4305, TRIGGER 4303

+
 MARKET CONTINUES
FALLING MY STOPLOSS
TRAILED AT 4255, TRIGGER
4253

+
 MARKET OVERSOLD, I
TAKE A CHANCE AND MOVE
THE STOPLOSS TO 4240
AND TRIGGER TO 4235

+
 +50
POINTS

STOPLOSS TRIGGERED AT
4235

+12+5
+
 NO TRADE DURING THIS
PERIOD

+12+5
 MARKET RISES TOOK ONE
NIFTY 4255,
STOPLOSS4235, TRIGGER
4237

+12+5
 TRAIL STOPLOSS 4290,
TRIGGER 4288

+12+5
 MARKET SHOWS NO SIGN
OF WEAKNESS – SQUARE
OFF THE POSITION AT
4313 +58
POINTS

+12+5
+12+50
TOTAL 12 + 50 + 58
POINTS
=
120 POINTS

NOT A BAD DAY