Another call hits T3

Keep in mind sl is closing basis !!
"Also intraday today i gave a buy call @ 4265 with some reservation due to expiry volatility
System: Trend follower
Stock Name: S&P CNX NIFTY
BuyStrategy: Buy between s1-s2
S1:4,264.92 S2:4,270.82
R1:4,300.09 R2:4,321.80
Target1:4275.77 Target2:4286.63
Target3:4299.65
SL1:4256.23 SL2:4243.2
Now you will say why on earth am i posting a call which is just about to get stopped out and has very little chance of success?"

Looks like my system is smarter than me :-?
SL2 was not hit on closing basis on even the hourly charts!!
Remember the stoplosses are all closing basis in this trend following system...
sl1 is a narrow st

My wide sl was given as 4240
reason? 4250 or so was narrow sl old low. My override was based on a flat correction knocking out lows temporarily.
In spot 4240 was never taken by bears!!!

So we just hit another t3
Amusing isn't it? :)
Shorts ka baj gaya band yet again!!!
U know why??
Because as i said last time 7/105 is not a profitable system on short side on 10 minute while 7/105 on hourly is.
The profitable trading systems (on the short side) just never turned short!



Here is a fresh call that was given in conf yesterday during panic selloff
System: Trend follower
Stock Name: HINDLEVER
BuyStrategy: Buy between s1-s2
S1:198.45 S2:198.60
R1:207.87 R2:213.68
Target1:201.359 Target2:204.264
Target3:207.749
SL1:196.13 SL2:192.644
Remember all call levels will stay valid for 2-3 days atleast.