Daily charts:
- trend is up on daily charts
- today nifty closed 0.6% in positive at 11672
- AD was 4:5
- option writing support 11000-11500 resistance 12000
5 min charts:
- traded long for 20 points (fast trade)
- in hindsight, trailing SL would have given more profits
- but I exited due to selling at 11700 F levels
- breakout failure level of 11640 F would have given safe trade for TGT 11700 F
- trend is up on daily charts
- today nifty closed 0.6% in positive at 11672
- AD was 4:5
- option writing support 11000-11500 resistance 12000
5 min charts:
- traded long for 20 points (fast trade)
- in hindsight, trailing SL would have given more profits
- but I exited due to selling at 11700 F levels
- breakout failure level of 11640 F would have given safe trade for TGT 11700 F
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