BTST - NF 8153
Thursday, 16 June 2016
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.
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.
Thursday, 10 March 2016
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..
- 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..
Wednesday, 24 February 2016
Expiry Special- 24.02.2016
Expiry Special: These days are not meant to change positions intraday ..frequently. At this time, when many advisors are giving Expiry calls at so & so price.. Here is my opinion... ABSOLUTELY FREE..
(Disclaimer-Plz don't take it as Buy or Sell recommendation for any reason. Your decision will be your own)
As Expected, nifty took resistance from the zone marked in last post & i added my 50% shorts again at 7200 break. Closed 25% of recently added today EOD at 7020 with 180 Pts. Rest 25% kept with SL at 7050 NS. Old 50% still intact with SL at 7510 NS.
Now, as 7000 is a big round number , a good bounce is expected. If tomorrow by 11 AM, Nifty is below 6980, Shorts are safe, Else is Nifty hovers above 7000 (& better above 7045), then we can Go LONG with SL at 6975 for atleast 7400 NS..
(Disclaimer-Plz don't take it as Buy or Sell recommendation for any reason. Your decision will be your own)
As Expected, nifty took resistance from the zone marked in last post & i added my 50% shorts again at 7200 break. Closed 25% of recently added today EOD at 7020 with 180 Pts. Rest 25% kept with SL at 7050 NS. Old 50% still intact with SL at 7510 NS.
Now, as 7000 is a big round number , a good bounce is expected. If tomorrow by 11 AM, Nifty is below 6980, Shorts are safe, Else is Nifty hovers above 7000 (& better above 7045), then we can Go LONG with SL at 6975 for atleast 7400 NS..
Monday, 22 February 2016
Nifty Outlook for Feb'16
Nifty Outlook: As i was expecting, Nifty gave a fall last week and last to last week. My positionals entry is marked with a Blue arrow, It was at Bearish Engulfing at MBB as a BPB of the marked zone.
50% Partials are booked at Hammer EOD near 6980. An easy 400 pts ride without any hickup.. Rest will be kept till i get a signal of end of this fall or at SL = 7510 NS.
Now mkt has moved quite well sustaining below yearly lows. Its again making a beautiful setup to add to the Shorts kitty..
If by tomorrow, Nifty moves above 7315 NS, i will assume a pause in downtrend & will not add without any good signal. Else, I will add my partial Shorts again tomorrow EOD.
(Yess, i don't care about Budget and all News, i trade what i see on charts... Lets see how it unfolds)
50% Partials are booked at Hammer EOD near 6980. An easy 400 pts ride without any hickup.. Rest will be kept till i get a signal of end of this fall or at SL = 7510 NS.
Now mkt has moved quite well sustaining below yearly lows. Its again making a beautiful setup to add to the Shorts kitty..
If by tomorrow, Nifty moves above 7315 NS, i will assume a pause in downtrend & will not add without any good signal. Else, I will add my partial Shorts again tomorrow EOD.
(Yess, i don't care about Budget and all News, i trade what i see on charts... Lets see how it unfolds)
Tuesday, 2 February 2016
Nifty Outlook for Current Week - 02.02.2016
Nifty Outlook - Today was a crucial day for Nifty. Nifty Couldn't sustain near 7600 levels, but managed to save below support. Many people still counting waves for 8000 and above Tgts. I am still not convinced with this upmove & assume it as a technical correction only.
NOW, the very probable move of Nifty seems to me like- It will make a Medium term Top in either 7600 -7660- 7700 level. Daily UBB is also coming in 7700 DP zone.
I am gonna Short NF near any of these 3 levels with first sign of weakness & i look forward to get a breakdown of Lowest Low.
I am planning to ride this full move. It may be catching a Black Swan.. and i will try to ride it & will keep rolling to next month (which is really difficult if doing for full year, but will check my patience levels) it to my Lowest Targets - nearly 6300 NS with my SL above 7800 levels initially.
NOW, the very probable move of Nifty seems to me like- It will make a Medium term Top in either 7600 -7660- 7700 level. Daily UBB is also coming in 7700 DP zone.
I am gonna Short NF near any of these 3 levels with first sign of weakness & i look forward to get a breakdown of Lowest Low.
I am planning to ride this full move. It may be catching a Black Swan.. and i will try to ride it & will keep rolling to next month (which is really difficult if doing for full year, but will check my patience levels) it to my Lowest Targets - nearly 6300 NS with my SL above 7800 levels initially.
Monday, 1 February 2016
Intraday - 01.02.2016
Intraday: Mkt bias was positive after a strong Breakout. Chopped off badly..
1) Long on BOF of PDH. Closed at pink line marked below RH
2) Another long on Tag of LBB. Waited for few mins & closed.
3) Final long on good rejection of RL + PDC. Closed it too with small loss.
Mkt was tough for me today. Called it a day at 2.30. No further trade.
1) Long on BOF of PDH. Closed at pink line marked below RH
2) Another long on Tag of LBB. Waited for few mins & closed.
3) Final long on good rejection of RL + PDC. Closed it too with small loss.
Mkt was tough for me today. Called it a day at 2.30. No further trade.
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