A Blog for Nifty Trading, Positional and Intraday Trades. My Strategy = DP → BB → OI
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.
Thursday, 28 August 2014
Wednesday, 27 August 2014
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.
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.
Monday, 25 August 2014
Friday, 22 August 2014
Thursday, 21 August 2014
Wednesday, 20 August 2014
Tuesday, 19 August 2014
Monday, 18 August 2014
Thursday, 14 August 2014
Intraday Trades - 14.08.2014
Intraday: Chopped up badly today. Not a single trade worked !!
1) Long on break of 1st big opening drive candle. Closed in the range.
2) Short on BOF of IRH. Wasn't expecting much, but tried it. Closed at my SL.
3) Again a Long on BO of IRH. Gave my SL.
Wednesday, 13 August 2014
Intraday Trades - 13.08.2014
Intraday: Trend was up from yesterday. Range formed below PDH & price moved up.
1) Long above BO candle. Closed when price didn't follow it up.
2) Short on BOF of PDH. Closed at inverted hammer (Tag) high break.
3) Again a Short on BOF of PDH/ PDC. Was expecting it to yesterday range. BRN didn't support twice, so wasn't expecting it to support. But, Closed when 2nd push failed .
No further traded as RR wasn't good.
1) Long above BO candle. Closed when price didn't follow it up.
2) Short on BOF of PDH. Closed at inverted hammer (Tag) high break.
3) Again a Short on BOF of PDH/ PDC. Was expecting it to yesterday range. BRN didn't support twice, so wasn't expecting it to support. But, Closed when 2nd push failed .
No further traded as RR wasn't good.
Tuesday, 12 August 2014
Monday, 11 August 2014
Intraday Trades - 11.08.2014
Intraday: Gap up after downtrend days. Was looking for an up move. A small rang formed within range.
1) Long on break of high after Tag on LBB. Closed at no loss. Mkt kept in same range. Another opportunity arise, when many tails formed on IRL.
2) Again a long on BOF of IRL. Closed with no loss. Last BOF was a good one, but didn't take due to time factor.
1) Long on break of high after Tag on LBB. Closed at no loss. Mkt kept in same range. Another opportunity arise, when many tails formed on IRL.
2) Again a long on BOF of IRL. Closed with no loss. Last BOF was a good one, but didn't take due to time factor.
Friday, 8 August 2014
Thursday, 7 August 2014
Intraday Trades - 07.08.2014
Intraday: Trend was down. Initial range formed near PDL. I was expecting a small upmove due to yesterday's last thrust. IT made 2 tags on UBB
1) Short on BOF of BRN. Closed at PDL with few points. Mkt formed a range below PDL.
2) Long on break of BO candle's high. Closed when next push on IRH failed. This PB also ate up many points.
3) Short on break of BRN. a fast move was there .Closed in the end.
1) Short on BOF of BRN. Closed at PDL with few points. Mkt formed a range below PDL.
2) Long on break of BO candle's high. Closed when next push on IRH failed. This PB also ate up many points.
3) Short on break of BRN. a fast move was there .Closed in the end.
Wednesday, 6 August 2014
Tuesday, 5 August 2014
Intraday Trades - 05.08.2014
Intraday: RBI policy Day. Mkt Trend was Up & New Range was forming with an up bias.
Avoided trading till it got out. Mkt moved a little up & then a fast move came downwards. Couldn't get any good entry signal. Waited for it to settle down.
1) Long on break of BRN breaking candle's high. Closed at day's end.
Mkt has started moving upwards after a Gap Up opening yesterday. A new Upmove may have started !!
Avoided trading till it got out. Mkt moved a little up & then a fast move came downwards. Couldn't get any good entry signal. Waited for it to settle down.
1) Long on break of BRN breaking candle's high. Closed at day's end.
Mkt has started moving upwards after a Gap Up opening yesterday. A new Upmove may have started !!
Monday, 4 August 2014
Friday, 1 August 2014
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