Trade log NF

Sold NF at 8735 with SL at 8790.

As per the combination of indicators (RSI, EMA, MACD) the trend has turned to short from long.
RSI is coming below 70 level (Over bought) and EMA is turning down and MACD is showing weakness. So I took this short trade. I should have shorted at 8757 levels because its below yesterday low but I was waiting for a bounce from that level due to yesterday massive sell off. Bounce did not come so had to short. Anyway the trade worked in favor so carrying it for tomorrow. Let us see how it goes...We can just decide short or long based on price movement and everything else left to market.

Update 17/04/2015:-

I screwed up my position by keeping a TSL at 8701 and it got hit. Then market resumed its journey downwards but today it was bit volatile. Any way I entered short again at below the range and got a fill at 8665. Currently its in 30+ points profit and looks like market has more downside. Holding this position for coming week.  I will try to chase this one on Monday by keeping appropriate SL.

Update 20/04/2015 : Exited the trade at 8565. Around 100 points gain per lot. Still it was an early exit, market gave another 100 pts but I missed it.