Posted by: Babu Suresh | April 17, 2012

April 17, 2012 Nifty Day Trading

Well, market seems to have given positive verdict on RBI’s Repo rate cut and some big guys expressing their opinions with some strong adjectives or was the post-lunch recovery due to FTSE trading higher!!!!. lol

Anyway coming to my performance, I managed to make 30 points of 4 trades, 2 long and 1 short trades from Jublfood and 1 short from Jswsteel. The last long trade on Jublfood was an interesting one. A friend of mine, who is testing my system called at 1505 to ask whether there was any trade on Jublfood, at that time I was doing something else. He was absolutely right there was indeed a trade. We both went long at the same time and ended up clearing a neat 8 points. There was no need to exchange thanks because he is my friend.

Attaching my usual intraday charts and Nifty Future chart with my HMA Bollinger Bands Day Trading System in action.

Intraday Charts –  17–04–2012

JSWSTEEL

JSWSTEEL 170412

JUBLFOOD

JUBLFOOD 170412

NSE Nifty Future

NSE Nifty Future 170412

Healthy And Wealthy Trading

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