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.

Tuesday 15 April 2014

Intraday Trades - 15.04.2014

Intraday: Was having Bullish bias today due to Infy results. But market crashed from the morning. Didn't get any reliable signal & was left out from the entire big move..
1) Entered Short on the Hammer on UBB. Closed at Tag on LBB.
2) Entered Long on double Doji break of LBB. SL hit.
3) Another Long with a strong Bullish candle as BOF of range low & Tag on LBB. Closed when a Tag formed at PDL.
Was a BOF short in the last, but didn't trade due to time constraint.

4 comments:

  1. Hello Sir,

    If possible could you write the description for the decision lines. like PDH,PHL...etc. Today there is 6 lines. If it mentions in the chart itself...it will be helpful to the people like me(learners).

    Thanks,
    Raghu

    ReplyDelete
    Replies
    1. Hi Raghu,

      To save time only, i mentioned them in Glossary. But will put it on charts now onwards..

      Thanks,
      Deven Malhotra

      Delete
    2. Thank you very much sir.

      One more question. Nirvana sirs target is 10 points per day. Could you please let me know your target. Not exactly.
      But approximately are you getting avg 10 points per month?

      Thanks,
      Raghu

      Delete
    3. Hi,

      He has set the bar very low & is under trading to get perfection in consistency (he mentioned somewhere). He is very disciplined & is getting a lot more than 10 pts per day.. Mine tgt is 20 per day for NF & 10 in Options. Yup, i am making it.. Generally, not the Ranging, but few Trending days make them all.

      Thanks,
      Deven Malhotra

      Delete