Journal - 22.06.2016

Gave OK BTST and crashed as expected.. Tomorrow is Brexit News and also my system signal is Invalid- so No Position.

				Total	100
For Date	Journal Entry	NF  @ 3.25	EXIT 1	EXIT 2	P/L in pts
17-Jun-16	BTST	8153	8203	8205	102
18-Jun-16	Flat to STBT				0	No Position, but STBT worked
20-Jun-16	BTST	8250	8248	8233	-19
21-Jun-16	BTST	8224	8222	8243	17	Expecting Volatile Day. Big Gap Up and may be a good Crash
22-Jun-16	Invalid Signal					No Position

Journal - 21.06.2016

				Total	83
For Date	Journal Entry	NF  @ 3.25	EXIT 1	EXIT 2	P/L in pts
17-Jun-16	BTST	8153	8203	8205	102
18-Jun-16	Flat to STBT				0	No Position, but STBT worked
20-Jun-16	BTST	8250	8248	8233	-19
21-Jun-16	BTST					Expecting Volatile Day. Big Gap Up and may be a good Crash

Journal - 20.06.2016

				Total	102
For Date	Journal Entry	NF  @ 3.25	EXIT 1	EXIT 2	P/L in pts
17-Jun-16	BTST	8153	8203	8205	102
18-Jun-16	Flat to STBT				0	No Position
20-Jun-16	BTST				0

Journal - 17.06.2016

				Total	102
For Date	Journal Entry	NF  @ 3.25	EXIT 1	EXIT 2	P/L in pts
17-Jun-16	BTST	8153	8203	8205	102
18-Jun-16	Flat to STBT				0	No Position

BTST - STBT for 17.06.2016

BTST -  NF 8153

BTST - STBT.. starts from Today !!

BTST .. STBT..  ( Buy Today, Sell Tomorrow  and Sell Today, Buy Tomorrow ) - these terms are most common in out kind of market, where Gap Up & Gap Downs are frequent Nowadays..

Also with BankNifty weekly Expiry, this phenomenon will increase.. And it has great potential to give good rewards, if done correctly.

For the same, i will try to put up my views in one word for the next day and will try to post it before 3.15 pm..

My Entry will be in between 3.25 to 3.30 PM ,  will book 50% just at open and rest will trail.. Loss will be booked at open

Lets see how it unfolds..


*This is no way a Buy/ Sell Recommendation and is for my journal purpose. Decision made by you are your own. Plz consult your certified Financial advisor before any purchase in stock market.

Nifty Outlook for March '16

Nifty Outlook:   Just looking at the daily BB, i am surprised and analysing why? Just few points to ponder..
- Why NS didn't test UBB last 3 times?
- Why NS do test UBB this time?
- Why a Deep fall of 5 days was followed by a Big rally of 5 days?
All this is making me think that Downtrend is feeling a Pause right now and Nifty is gonna move further Up after this COBB.
I would expect a correction till Monday/ Tuesday for a Flip retest and to continue this Uptrend for 7700 - 8000 NS.
Positional Shorts are closed as mkt not supporting and longs will be initiated again at some Flip -  7375 - 7225 NS..