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, 21 March 2014

Intraday - 21.03.2014

Intraday: A Choppy day !! 3 trades & all ended with SL..
1) A Long on the BPB of range high. SL hit. Didn't take the downmove
2) Another Long on the break of Red candle after a Tag on LBB. Closed at Tag on UBB at no loss
3) Short on break of Green candle after a Tag on UBB. Ended with my SL at Big Red candle Open.


Thursday, 20 March 2014

Intraday Trades - 20.03.2014

Intraday: Nifty Opened below PDL, but was ranging full day. I didn't find any good signal today. Mkt was giving a good momentum without any followup every time. Looking for a Pullback made me loose some BOF opportunities..
1) Short on BOF of PDL. Closed when it crossed Initial range DP.
2) Long on same candle thinking it as a good reversal. I waited too long after touching PDC. Ended it at my SL on the Open of Big Green candle. I was expecting a Pullback only as close was outside BB. Only 7 pts.
3) A Short on the break of Pivot as BOF of PDC, PDL. I was late on board. Closed it when it refused to go  below day's low.
4) Another short on Range break with close, as i was waiting for confirmation to avoid BOF of Day's low. Closed at BRN.

Wednesday, 19 March 2014

Intraday Trades - 19.03.2014

Intraday: A Fast move downwards with opening stalled just after PDC. A BOF happened. Waited for Price to close above MBB.
1) Long on the Close above MBB. Quick 10 pts
2) Short on the break of Pivot after 2nd Tag on UBB. It stopped at today's Low & came back. Closed with 10 pts

Tuesday, 18 March 2014

Intraday Trades - 18.03.2014

Intraday: After the initial up move, BOF of BRN happened. Waited for MBB to move downwards. Price made a TRAP pattern on MSP marked in Pink line.
1) Short on break below recent pivot. Sat all day long till price is below MBB without any strongTag/ FTC. Closed when the big Inverted hammer failed to go down on MBB
No further trade although it moved up a bit but refrained.

Friday, 14 March 2014

Intraday Trades - 14.03.2014

Intraday: Today, Mkt was in a range till last hour. too many possible signals-
1) A BOF of range high at pivot break. Not Moving well
2) A BOF on range low with a Hammer on LBB.
3) Another BOF short with a Hammer on UBB. It would have been a loosing trade
4) A Long on Breakout with close above UBB & cross of hammer.

Thursday, 13 March 2014

Intraday Trades - 13.03.2014

Intraday: Didn't trade today & will not trade tomorrow. Reviewing the charts..
1) One trade only available today- BOF of Range high formed after 2 hrs..

Wednesday, 12 March 2014

Intraday Trades - 12.03.2014

Intraday: Mkt opened near PDL. I was expecting it to go down. Was looking for a Pullback, but it didn't give.
1) Long on BOF after crossing Pivot. It zoomed too fast without any fluid. Got out early with 35 points due to Fear of loosing. Mkt made a range. I was again expecting to give another push Up, which ended as FTC to UBB.
2) Short on the Breakout in Fluid made in the morning with MBB clearly down. Was willing to sit till end of the morning move. Closed with Big Green Candle.
3) Again a Long on Close above MBB & PDC. Gave my SL.
No further trade..