Todays Trades 12-Feb

2 winning trades and 1 losing trade.
Markets were very volatile today. Still could end up squeezing some profits from 3 trades.
1. Tata Steel – My entry point was alerted here. Subsequently Tata Steel fell by 3 points.

2. SBI – Was weak and sell call was given here. SBI fell down and covered with 5 points profit.

3. L&T was bought today, but SL triggered since stock reversed it gains and went to negative.  I entered into buy position in L&T since the stock was showing positive divergences in the 5 min chart from previous day and a bounce back was expected. However due to volatality due to IIP, stock fell down and later recovered.

Posted in: Intraday,Real Trades,Technical Analysis