Friday, July 05, 2013

Profit Booking

Position : Long [BTST, Qty-1000]

Nifty Trade Support : 5819-5811 Resistance 5887-5895
Nifty Trend Support : 5776-5770 Resistance 5917-5923


Technical Details : 85 points+ve breakout with break even point 5810 --> TGT 5895
(matched with 50% of the swing 6229-5566),  So, and nearing target Trend line resistance
around 5915-5921

Book profit 5890-5900 - 25%
Book profit 5915-5927 - 25%

Hold the remaining 50% with sl 5800 for without risk takers.
with risk takers sl 5770.

Print this post

No comments: