Intraday 21st March

ORB 5267- 5288
It was broken down .
At 10:00 prices closed below day Lema .
and prices closed below the 5hour close ema at 5273 ...
Took a sell position at 5265 with target = 5240 and sl= day high 5287
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Update at 11:45

prices made a high of 5288 for the day then receeded . I took a sell position with reasons mentioned ORB was broken down and also prices closed below 5 hr ema , ( though they were above the hour low ema ) .

Was holding the position as prices were making lower high , so first my SL was 5288 , then moved it to 5284 ...then prices again dropped from this lvl , so then moved it to 5282 .
And then you can see , my SL was hit .
Though nifty spot travelled 20 points from my entry , But I had to give away close to 30 points inNF.

All those who visit me here and feel that I  overlooked "something" , that I should have taken into consideration  pls point it out ..so that our learning can grow.
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So High low system tells me to Go long at 1:00 close at 5316 I will keep a stop loss of 20 Points at 5296 . With every hour close we will  move this SL .
At 2:00 close lets move our stop loss to breakeven so that it covers brokerage so at 5321.

Now to 5330.