Saturday, 5 November 2011

TRADES 4-11-2011

There was a Long Trade in DLF which stopped out. But Nifty managed to make 30 poiints. The guidelines say second trade if stopped out in first trade. But the DLF situation was little tricky. SL is break of 248 and next buy is 247.50. There is no meaning in buying again around the stop loss level and buy was avoided. Later there was clear short at 249.50 around 11.02, but such trades were not covered in the guide lines and so I am skipping them.



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