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 26 August 2014

Intraday Trades - 26.08.2014

Intraday:  AChoppy Day..
1) Long on BPB above IRH/ PDC. SL hit
2) Short on BOF of PDL + BRN. Closed when it didn't break day's Open.
3) Long on BOF of IRL. Ended up in 2nd PB at my SL.
Mkt formed a Barberred wire on Day's open & i kept chopped down. Will be more disciplined from tomorrow & will refrain from tight SL.

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2 comments:

  1. Unknown27 August 2014 at 13:37

    hi i will trade only nifty(may be till next 1 or 2 years) , but im planing to add 1 more instrument in future.
    i want to add an instrument now and study its nature of movement wen nifty is not moving(mid session) and
    so anyone suggest one futures instrument which move independent of nifty i.e it should give trade oppurtunities wen nifty in
    1 consolidation. 2 .at mid session hours.
    may be like forex or commodities and may be crude oil or may be other NSE index futures?

    ReplyDelete
    Replies
    1. Deven Malhotra27 August 2014 at 18:33

      Hi CM,

      I think Silver will suffice the purpose. As per my knowledge, forex is illegal in India !! & those which are legal are indian forms of actual forex with No Volume so difficult to trade !

      Thanks,
      Deven Malhotra

      Delete

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