Tuesday, 25 October 2011

Trades For 25 -10 - 2011

Today there was RBI announcement at 11 AM. So morning trades are closed around 11.45 ahead of the event. Second trade was taken after the announcement and in that volatile move.

Nifty - Two trades. Trade one: - 4, Trade 2:  + 30   NET:  + 26 points
DLF -   Two trades. Trade one: + 2.5, Trade 2:  + 3.5   NET:  + 6 points

Total 4 trades, one small loser, 3 hit target. See the charts below. The red lines are sell only levels, blue are buy only levels and green are both buy and sell levels. Also observe how the levels worked in todays volaitle session, especially at RBI event time.

Wish you a Happy Diwali





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