Glossary

Intraday trades - 09.12.2013

Positional: Market made a shooting star in hourly chart. Hesitated to go short positional today due to big gap opening. I think market has already discounted the BJP wins..

Intraday: No suitable trade today as market was in tight range on a BRN after initial move..

Download the Best Trading E-book

Hi All,

The best Trading E-book is Out !! Its the rare piece of work in its simplest form.

Newbies- Try to go through it at least 5 times,
Oldies - Go through it at least 10 times as you need to overcome the barrier of your old goodies..(indicators/ patterns)

Just understand it & if any doubt, feel free to ask...

Nifty Nirvana: Download the E-book: Finally here is the book for a weekend read.

Intraday Trades - 06.12.2013

Intraday: Today's market was a good ranging market. Tried only breakout failures-
1) Short when it refused to break Round number 6300. Slowly drifted to yesterday's close for 20 pts.
2) Long on same breakout failure. Came out at no loss.
3) Again a short at 6300 for 10 pts.

Intraday Trades - 05.12.2013

Positional: Market couldn't close today above upper BB with a bearish stance. OI data is suggesting 6200 ~ 6500 as a range.. Monday's election result can have an impact on either side, will wait for that..
Intraday: Took a single trade today after gap up-
1) Short on the Breakout Pullback on the 6200. Got 20 pts.

Intraday Trades - 03.12.2013

Starting updating daily by 6:30 as i wait for OI data from NSE for Next day Positional trades clues.. will not trade tomorrow.. see you on 5th..

Positional: Hourly chart is still looking bearish. It will most probably make a double top & will try to go short there..

Intraday: Missed the first Long completely. Also as I was Bearish for today, so took 2 shorts only-

1) Short when breakout failed on yesterday's close. Got only 14 pts..

2) Shorted again when it refused to go above the same close. Got 15 pts..

Intraday Trades - 02.12.2013

Positional:  A Hanging man is formed in monthly chart. So for long term, this month closing should be above 6370.
Hourly chart preparing for a divergence so Looking to go Short positional tomorrow or day after at right price. TGT is 6000 as its a good base for Bulls now.
Intraday: Many signals were generated today. took the below trades -
1) Long on the Hammer after pullback on mid BB and yesterday's high. Closed when mkt became ranging.
2) Long again on reversal signal on BB. The market was bullish, so it was a high probability trade with TGT as upper BB/ Day's Hi.
3) Long again on the Hammer at lower BB. This ended up with my SL.
4) Final Long trade on the big hammer at Lower BB. Waited too long to get 10 pts.