Initiating L&T Positional shorts with a trailing stop loss of 1665 as per Guppy Count Back trailing Stop Loss trading system.
Count Back step size =2
Related Readings and Observations
- 650 Years of Historical Silver Chart This is a 650 year graph of Silver price chart along with and silver/gold ratio from 1344 to 2004.
- Ideal Nifty trade for 17th Dec 2009 Hold Longs(Intraday) only above 5060 or Hold Shorts(Intraday) only below 5005 No positions between 5005-5060. All thelines in Nifty 5 min(Spot) charts indicates GANN FAN […]
- Classical Price Breakout in Bank India There is a classical price breakout in Bank India where the price has been close above the resisted line near Rs474 f and also close above the multi year high. And also the 15 day ATR is […]
- Why Most of New Traders Fail to Profit? Any persons today involved in buying and selling stocks or future or commodity calls themselves traders. If you are someone who is been involved in stock market trading be it from a week […]
- It is prudent to Invest in a Savings Bank Account now? We have all be eager to see the budget and how it would impact our budget. With the new financial decisions doled out by the finance minister stating the impact of certain investments, […]
- March Open Interest Lookup 5200PE and 5300PE puts has been written on last Friday. Higher open interest seen 5300PE option strike price. Possible chances of Nifty sustaining above 5300.