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, 27 November 2014
Wednesday, 26 November 2014
Tuesday, 25 November 2014
Monday, 24 November 2014
Friday, 21 November 2014
Thursday, 20 November 2014
Intraday Trades - 20.11.2014
Intraday: A Choppy mkt with too many levels. Left the BOF of PDC as no space. Left the BPB short at PDL as there were too many levels from last few days for space. Thought it to be a slow move. Was thinking to go long on Big Red candle break but a Pivot formed in between.
1) Long on BOF of PDL. Thought it will move well. SL hit at red line marked. It was like a channel forming & BRN was above but took it assuming it will break these DPs as the major Trend is Up.
2) Again a Long on BOF of IRL at close above PDL ensuring no rejection (although same happened in last trade also, but this was 3rd Rejection from same zone). Closed in the end.
1) Long on BOF of PDL. Thought it will move well. SL hit at red line marked. It was like a channel forming & BRN was above but took it assuming it will break these DPs as the major Trend is Up.
2) Again a Long on BOF of IRL at close above PDL ensuring no rejection (although same happened in last trade also, but this was 3rd Rejection from same zone). Closed in the end.
Wednesday, 19 November 2014
Tuesday, 18 November 2014
Monday, 17 November 2014
Intraday Trades - 17.11.2014
Intraday: A great day today after a break !! A Gap down. Nifty was forming a range from last few days. was waiting it to touch ir at Range low. It gave a lower push but couldn't retain. Just a single trade-
1) Long on BOF of PDL. Exit few lots at first red line as it wasn't moving fast at IRL. Closed fully in the end.
1) Long on BOF of PDL. Exit few lots at first red line as it wasn't moving fast at IRL. Closed fully in the end.
Monday, 10 November 2014
Intraday Trades - 10.11.2014
Intraday: Nifty moved up at open. 3 DPs up.
1) Short on BOF of 2 Day's high. A blind trade with 3 DP's. Closed at IRH. A range formed
2) Short on BOF of IRH. Closed at IRL.
3) Long on BOF of IRL. Stopped out at red line.
4) Again a Long on high break. Took it as was stopped out last time. Closed near PDH.
1) Short on BOF of 2 Day's high. A blind trade with 3 DP's. Closed at IRH. A range formed
2) Short on BOF of IRH. Closed at IRL.
3) Long on BOF of IRL. Stopped out at red line.
4) Again a Long on high break. Took it as was stopped out last time. Closed near PDH.
Friday, 7 November 2014
Wednesday, 5 November 2014
Monday, 3 November 2014
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