Daily charts:
- trend is up on daily charts
- today nifty closed 0.5% in negative at 9196
- AD was 7:11
- support forming around 9000
- nice resistance around 9500
Note on trading:
- irrespective of what trading system or timeframe you follow
- just remember that half the signals will fail
- so you must have a rule for exiting profitable positions
- and an exit system for loss making trades
- position sizing will take of the risks
I may use 20 bar swing, hourly cross over or whatever system... my exit is invariably based on 3 or 5 bar swing.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhDAYNjcq4wBIOkc8H1a7rY7mLA6CSx-VE3ZUoyWTkulRH0zKBIlLlu_CGu5yefV06SdQQcE7sonPBvXJbQnWpF9LpT__hqLCni6uJM44yl9eubNZMGb5ae8lGgh-sWEFt5FfQ-gRQL4RW/s640/a.png)
3 min charts:
- traded all signals as per chart
- ignored buy signal after 2 pm
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhg6rn99r99mG61Np4fhg6uxe6ccnZmpdAvJ8kvLCVSQeBcFHtVNdldTPdEQ-BZEjntDtWOZvwGOe7tZOrcXLMYxFq9K0Z-FHi4jpu8umWCV09ybPP_PMOPzKm8dQS7x6xp9naKm3QwC5Bo/s640/a.png)
5 min charts:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEipy5rRA9iUOMUGiLWJcGxXomV255W5G9tV-Aqd3WUSPdfiFz7QQps3HGmanxM2MZjj3S9SUvBHrWv1DeGnBsGabrQtCADdJZBFbjWkbWD6newOcXCfXRvMrHPSEA2mV_dSRbmdG_tCYfla/s640/a.png)
- trend is up on daily charts
- today nifty closed 0.5% in negative at 9196
- AD was 7:11
- support forming around 9000
- nice resistance around 9500
Note on trading:
- irrespective of what trading system or timeframe you follow
- just remember that half the signals will fail
- so you must have a rule for exiting profitable positions
- and an exit system for loss making trades
- position sizing will take of the risks
I may use 20 bar swing, hourly cross over or whatever system... my exit is invariably based on 3 or 5 bar swing.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhDAYNjcq4wBIOkc8H1a7rY7mLA6CSx-VE3ZUoyWTkulRH0zKBIlLlu_CGu5yefV06SdQQcE7sonPBvXJbQnWpF9LpT__hqLCni6uJM44yl9eubNZMGb5ae8lGgh-sWEFt5FfQ-gRQL4RW/s640/a.png)
3 min charts:
- traded all signals as per chart
- ignored buy signal after 2 pm
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhg6rn99r99mG61Np4fhg6uxe6ccnZmpdAvJ8kvLCVSQeBcFHtVNdldTPdEQ-BZEjntDtWOZvwGOe7tZOrcXLMYxFq9K0Z-FHi4jpu8umWCV09ybPP_PMOPzKm8dQS7x6xp9naKm3QwC5Bo/s640/a.png)
5 min charts:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEipy5rRA9iUOMUGiLWJcGxXomV255W5G9tV-Aqd3WUSPdfiFz7QQps3HGmanxM2MZjj3S9SUvBHrWv1DeGnBsGabrQtCADdJZBFbjWkbWD6newOcXCfXRvMrHPSEA2mV_dSRbmdG_tCYfla/s640/a.png)
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