I am not a certified analyst. The charts shown and the content in the blog are for educational purpose only and in no way is a buy or sell recommendation. Readers are advised to use discretion.

Friday 26 December 2014

Discontinuation of my Daily Trade Updates !!

Hi All,

 This is my last post on my Intraday Updates.

 Though i will keep on Trading regularly as this is my prime business, but due to some New Business startups, i wouldn't be able to post here daily. Moreover, I think there is nothing new to post & share with you.

 I started this blog regularly after getting inspired by ST of niftynirvana blog. It was a very fruitful journey. I started it to contribute &help others, but as time moved on, i found myself getting benefited more from my own daily reviews, routine, mistakes & improving further.

In my Trading journey, i met with few very good traders & you can also keep on visiting their blogs at-
1) http://niftynirvana.blogspot.in/        (A Regular one for Intraday)
2) http://www.charttechnicals.blogspot.in/        (on Off for few days)
3) http://tradingblisspoints.blogspot.in/             (Have a good hand on Positionals & stocks also)

Though i will not be posting regularly, but i will keep on improving my trading system & updates on it.
You all can join/ subscribe this blog for some newer posts or if want to clear some doubts you can freely mail me at deven17@gmail.com
I will be a regular visitor of above mentioned blogs, so you can catch me over there also!


Lastly, Thanks to all, who posted here, shared this blog & keep me motivated.

Wish you all a very Happy New Year & successful Trading career !!

Best Regards,
T. Deven Malhotra

Monday 22 December 2014

22.12.2014

Intraday: Nifty was Ranging Initially. Was planning to short. but after breaking IRL, it couldn't go to even PDL.
1) Long on BOF of IRL. Was not confident in hindsight as move was too slow. Kept SL at BE and waited. Patience always reward & sat till the end.
No further trade.

Friday 19 December 2014

19.12.2014

Intraday: Another Gap up.
1) Short on IRH. Closed at first trouble area &
2) Reversed to Long. Closed at IRH. No further trade.

Thursday 18 December 2014

18.12.2014

Intraday: A Counter Trend Gap. Planned to go long.
1) Long on BOF of PDH. Closed in big red candle. No other trade.

Wednesday 17 December 2014

17.12.2014

Intraday:  2 Trades today-
1) Short on BPB of PDC/ BRN. Closed at big bullish candle. Entire move retraced.
2 )Long on TRAP at IRL. Closed below BRN.

Tuesday 16 December 2014

16.12.2014

Intraday: Nifty Gap down. No good opportunity to short.
1) Short on BOF of IRH. Closed near BRN.

Monday 15 December 2014

Intraday Trades - 15.12.2014

Intraday:  A Ranging Day. Missed one opportunity to go short at PDC.
1) Short on BOF of PDC, PDL. Closed at IRL. No more trades.

Tuesday 9 December 2014

Monday 8 December 2014

Intraday Trades - 08.12.2014

Not Traded today as Zerodha terminal was not working. They have upgraded the software but couldn't Upgrade!!
Zerodha has given me reasons to appreciate India Infoline, as its terminal never stuck !! Zerodha, it stucks almost everyday..

Thursday 4 December 2014

Intraday Trades - 04.12.2014

Intraday: Mkt Gap Up, but moved down fast. Too many levels so waited a lot.
1) Long on TRAP. Closed near 8608 .

Wednesday 3 December 2014

Intraday Trades - 03.12.2014

Intraday: A Choppy Day. Mkt Open near PDC. A Fast move to PDL.
1) Long on BOF of PDL zone. Waited too long but got only 20 points. No further trade.

Tuesday 2 December 2014

Intraday Trades - 02.12.2014

Intraday: Mkt gap down. It was an Outside gap. Though of the move till 8500 after a BOF. Missed the announcement.. so made the plan like this.
1) Short on break of 1st candle. Closed at no loss. Mkt became choppy. Remained out for some time. a Blind BOF happened for short, but didn't take due to choppiness.
2) Long on BOF of IRL/ Gap Low. Closed at red line marked.

Monday 1 December 2014

Intraday Trades - 01.12.2014

Intraday: A Bad day in month's start. Mkt open near PDC. Didn't give any momentum upside
1) Short on BOF type of PDC. SL hit. Left the upmove. Price again tested IRL but wasn't confident as earlier BOF didn't go even till PDH.
2) A Long on Good rejection of IRL 3rd time. SL hit. No further trade.

Thursday 27 November 2014

Intraday Trades - 27.11.2014

Intraday: Chose the Dec month future to trade.
1) Short on BOF of IRH. Closed when it made a BOF on PDH
2) Long on BOF of PDH. SL hit at red line.
Was another trade as BOF of PDH. Didn't trade as was expected some Expiry drama. Missed a good trade.

Wednesday 26 November 2014

Intraday Trades - 26.11.2014

Intraday: Mkt Open below PDC. Waited for a while
1) BOF of PDC. Closed at IRL. waited for range of PDC, PDL to break.
2) Long on BPB of PDC. Closed above BRN.

Tuesday 25 November 2014

Intraday trades - 25.11.2014

Intraday: Mkt moved fast after open.
1) Long on BOF of PDL. SL hit. I made an early entry at the break of last red candle thinking it as Layer on Layer DP
2) Short on BPB of BRN, PDL. Closed near IRL.

Monday 24 November 2014

Intraday Trades - 24.11.2014

Intraday: A Gap Up. IRH formed. Waited for Price to touch a DP.
1) Long on BOF of PDH. Closed at no loss. No further trade.

Friday 21 November 2014

Intraday Trades - 21.11.2014

Intraday: Mkt open near PDC. Tested it & went down. Didn't short as bias was up from yesterday last move.
1) Long on BPB type trade. Price jumped leaving me blank!! Bad Luck here.
2) Another Long on BOF of IRH. Closed at BRN.

Thursday 20 November 2014

Intraday Trades - 20.11.2014

Intraday: A Choppy mkt with too many levels. Left the BOF of PDC as no space. Left the BPB short at PDL as there were too many levels from last few days for space. Thought it to be a slow move. Was thinking to go long on Big Red candle break but a Pivot formed in between.
1) Long on BOF of PDL. Thought it will move well. SL hit at red line marked. It was like a channel forming & BRN was above but took it assuming it will break these DPs as the major Trend is Up.
2) Again a Long on BOF of IRL at close above PDL ensuring no rejection (although same happened in last trade also, but this was 3rd Rejection from same zone). Closed in the end.

Wednesday 19 November 2014

Intraday Trades - 19.11.2014

Intraday: Mkt open nearr PDC. waited for it to touch PDH or PDL.
1) Long on BOF of PDL. It wasn't a strong one. Out at BE.
2) Another long on a good rejection of PDL. SL hit.
3) Reversed the trade as Short on BO of Taps on DP. Closed at BRN.

Tuesday 18 November 2014

Intraday Trades - 18.11.2014

Intraday: A Ranging day after a big move..
1) Short on BOF of PDH. Closed at 1 pt loss.
2) Long on BOF of IRL. Closed at BE.

Monday 17 November 2014

Intraday Trades - 17.11.2014

Intraday: A great day today after a break !! A Gap down. Nifty was forming a range from last few days. was waiting it to touch ir at Range low. It gave a lower push but couldn't retain. Just a single trade-
1) Long on BOF of PDL. Exit few lots at first red line as it wasn't moving fast at IRL. Closed fully in the end.

Monday 10 November 2014

Intraday Trades - 10.11.2014

Intraday: Nifty moved  up at open. 3 DPs up.
1) Short on BOF of 2 Day's high. A blind trade with 3 DP's. Closed at IRH. A range formed
2) Short on BOF of IRH. Closed at IRL.
3) Long on BOF of IRL. Stopped out at red line.
4) Again a Long on high break. Took it as was stopped out last time. Closed near PDH.


Friday 7 November 2014

Intraday Trades - 07.11.2014

Intraday: Nifty Opened in same range. went down, then touched PDC.
1) Took BOF of PDC below PDL. Thought it will move till IRL due to layer on Layer. But Stopped out at same candle high. could have avoided as wan into the last Range.

Wednesday 5 November 2014

Intraday Trades - 05.11.2014

Intraday: Nifty crossed PDH but couldn't go up much.
1) Short on BOF of BRN. Closed at IRL. Charts & even Zerodha was disconnecting a lot. Refrained from trading further & i believe same will happen on 7th also..

Monday 3 November 2014

Intraday Trades - 03.11.2014

Intraday: Back on work today. Missed 2 big Days..
1) Long on BOF of PDH/ PDC. Closed at the red marked line. Then mkt was ranging. No further trade.

Thursday 30 October 2014

Will Resume Trading from Monday

Hi all,

 Will resume Trading from Monday, as busy with some important work.

Thanks,

Tuesday 28 October 2014

Intraday Trades - 28.10.2014

Intraday: Mkt gap up after a down day. So, was expecting a ranging mkt till noon. After that, No Good RR, so no Trade today.

Monday 27 October 2014

Intraday Trades - 27.10.2014

Intraday: Only one trade found with good RR.
1) BOF of IRL till PDH. Closed at the break of Pivot low.
Will be updating my posts this week by 9:00 pm due to some personal work..


Wednesday 22 October 2014

Intraday Trades - 22.10.2014

Intraday: Not a good day before Diwali Holidays. A Big Gap up gave a hint that mkt will consolidate. I was planning to Short at BPB of BRN, as it was Outside Trend Gap which generally fills, but with strength of move, assumed to make a barbered wire on BRN.
1) Long on BOF of IRL. Waited too long & got stopped out at red line. (mkt cacme 2 pt lower than breakout candle, not appearing in metatrader).
No Further Trade..
Wish You all a Very Happy Diwali..

Tuesday 21 October 2014

Intraday Trades - 21.10.2014

Intraday: A Great Volatile day. Mkt Moved up & closed above PDH. Gave a small PB.
1) Long on BPB at blue line, a risky one with SL below recent candle. Closed with 6 pts at Red line,
2) Short on BOF of IRL & break of Big Green candle. Closed at a PB on red line.
3) Long on rejections of IRL, BRN, PDC. These were layer on layer DPs. This was catched well. Closed at red line marked.
No further trades as mkt was choppy & mistake could be made after few good trades.

Monday 20 October 2014

Intraday Trades - 20.10.2014

Intraday: A Big Gap up. There was no follow up, so planned to short.
1) Short on BOF of IRH. Closed at red line.
2) Again Short on BPB. Closed at BRN.
3) Long on BOF of BRN. Closed at my SL.
4) Again a Long thinking it as a good rejection. 3rd time gave my SL.

Friday 17 October 2014

Intraday Trades - 17.10.2014

Intraday: Didn't Trade Yesterday (a good day to miss) & finally traded today without BB. Took a decision to use BB in Positionals only.
1) long on BOF of PDL. Closed at BRN.
2) Long on BPB of BRN. SL gone
3) Reversed & Short on BOF of BRN. SL hit in a TRAP.
4) Finally gone Long at TRAP. Closed at Day's Flip.
Too tough to remove an Old Habit !! But, Change is only Permanent in this World !!

Tuesday 14 October 2014

Monday 13 October 2014

Intraday Trades - 13.10.2014

Intraday: A Gap Down opening which stalled there. waited for a Range.
1) Long on BPB of Daily chart flip/ IRH. Closed when 2nd attempt to move up failed (marked with red line).
2) Another long on BPB of PDL. was not very confident, but kept trailing & finally got out in the end marked with red line.

Friday 10 October 2014

Intraday Trades - 10.10.2014

Intraday: A Big Gap down.
1) Long on BOF of BRN. Closed at my SL below BRN
2) Short on BOF of PDL with big Candle. Again unfortunate to get my SL hit with 1 pt. It was too tight. Next time, will take care.

Thursday 9 October 2014

Intraday Trades - 09.10.2014

Intraday: A Gap Up. Trend up with upper ranges & yesterday's range. Tried a risky trade today- After a Gap up, price get pushed up immediately from IRL. It even didn't halt a little on MBB & was taking support at it. No single close below MBB. Expecting IRH to break, RR was good.
1) Long on BO of small range. Closed at BRN.

Wednesday 8 October 2014

Intraday Trades - 08.10.2014

Intraday: A Ranging Day.
1) Short on Strong BOF of BRN. Closed at PDL with my SL.
2) Short on BOF of BRN once again. Closed at IRL
3) Long on BOF of IRL. Closed at PDL.
No further trade. Although last was a good BOF, but avoided due to ranging mkt & a little time.

Tuesday 7 October 2014

Intraday Trades - 07.10.2014

Intraday: Nifty Gap Down with down bias.
1) Tried a Short on BOF of RH. My bad as stopped out at IRH itself. Too tight SL.
All the move moved without me.


Wednesday 1 October 2014

Intraday Trades - 01.10.2014

Intraday: A Totally Ranging day, not expected today as next few days are holidays.
1) Short on BOF of BRN. Closed in the end.

Tuesday 30 September 2014

Intraday Trades - 30.09.2014

Intraday: Nifty opened in the Range made yesterday. A News day so mkt behaved erratically till 12:00. Waited till it took an upmove. Missed it. Price Closed below MBB after a small range.
1) Short on the break of candle low as BOF. Closed at BRN in a PB.

Friday 26 September 2014

Wednesday 24 September 2014

Intraday Trades - 24.09.2014

Intraday: A tight range.  waited too long for any entry.
1) Took a Short as BO of Range. Closed at no loss.

Tuesday 23 September 2014

Intraday Trades - 23.09.2014

Intraday: Mkt Open near PDC & quickly rejected. (BRN line moved , so ignore)
1) Short on BOF of PDC. Closed at IRL.
2) Tried a Long on BOF of IRL, as the Trend was Up. It instantly failed and gave my SL.
3) A Short on BO as Taps on DP. Closed at PB on PDL.

Monday 22 September 2014

Intraday Trades - 22.09.2014

Intraday: My Internet was down, so couldn't trade today.. Lets see tomorrow as i missed a good move today !!  In the Hindsight, a BPB of PDL was a good opportunity to go long straight to PDH !


Sunday 21 September 2014

A Look at Few Good Stocks !!

Portfolio Plan for Long Term-
Just Analyzing some of the well known stocks owned by Mr. Rakesh Jhunjhunwala - the Warren Buffett of India.
Does that mean, I am going to buy them right now - A BIG NO.  Why, because
1) He is a man with deep pockets & can remain still in big draw downs
2) He has different plans & goals than me as we are miles apart in our situations.
3) He can't be IN & OUT of stocks so easily & frequently as me.
4) For me, the only way to analyze stocks is Technicals..
BUT, he must have worked out for better Fundamentals so i hope no sudden crash can happen in these stocks. Lets see 6 of them what we can consider for any entry as they are in Strong Uptrends (other than these stocks didn't interest me as they are not sinking in with NIFTY broader trend)-
Remember, these are Weekly Charts as are Long term-
1) TITAN: Uptrend with BPB of Range High, but Volume not Supporting, so Score given = 80 %
 2) LUPIN: Strong Uptrend, to enter in any PB. Score given = 100%

3) RALLIS: Good BPB & now giving a PB with lower volumes. Score i give = 90%

4) ESCORT: First a BOF & now Range BO with great Volume. Can enter here as an old Fluid here. Score given = 100%
5) AUTO IND: First a BOF & now a BO with good volume. Can consider now BO for entry or at BPB as per risk. Score given = 100%
6) CRISIL: Strong Uptrend with a small Range consolidation. BO with low volume. Can see for BPB. Score given = 90%
& one from my Side-
7) AURO PHARMA: A Strong Uptrend. It can be Overbought, so should wait for a minor Consolidation & then BO
Readers can enter as per their Long term plans & strategies..

Friday 19 September 2014

Intraday Trades - 19.09.2014

Intraday: Trend was Up. A strong Hammer formed at Last IRL.
1) Long on BOF of IRL. Close when White candle crossed after Inverted Hammer. It moved strongly towards BRN, but didn't take it.
2) Long on BOF of IRL. Close at trailing SL on small Hammer
3) Short on BOF of PDH, as upmove was too slow. Closed at Big White candle.

Thursday 18 September 2014

Gold Weekly - A Positional View

GOLD ... Favorite of Indians. Lets Analyse its Long term chart (Weekly). Ranges as Zones are marked.
1) Gold is trading in Downtrend by Forming Lower Ranges.
2) Its giving Multiple TAPS on DP with Lower highs.
3) Closes are COBB, so i am expecting strength downwards.
4) 1st Reaction from this DP was fast with 1-2 candles there. 2nd reaction  took some time on DP. 3rd time, its going with strong candles.
My Conclusion: Unless a Strong BOF happens here, Gold is down for at least this year upto Next Range low.. Anyone can go short on BO of tails of last pivot candles or BPB as per Risk appetite.