Monday, March 30, 2015

30/3/2015,MONDAY




1) Shorted exactly at PDH, after price could not sustain above that level. Got 7 points.

2) Placed a Long at RL @XX15. But price shot up without testing RL. Missed a good move. 

Disclaimer: I am not a Research Analyst, registered with SEBI. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.
 

Friday, March 27, 2015

27/03/2015, FRIDAY




1) Shorted IRL BPB on seeing a nice pinbar at IRL. G0t  7 points.

2) Missed the big fall. Shorted at BRN, as price retraced. Expected the price to test LOD. It turned out to be a rare V shaped recovery. Got 4 points. 

3) Shorted just above RL.  Trailed tightly and exited, when the second attempt to move down failed. Got 1 point. It morphed into BOF and price moved up.

Disclaimer: I am not a Research Analyst, registered with SEBI. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.
 

Friday, March 20, 2015

20/3/2015,FRIDAY




Expected a Range bound day, as yesterday was a big move day.

1) Shorted BPB PDL. Exited exactly at the entry price.

2)Missed TST Short @HOD, as I was busy with other engagements.

In hindsight, price was moving in a channel throughout the day.

Disclaimer: I am not a Research Analyst, registered with SEBI. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.
 

Thursday, March 19, 2015

19/03/2015,THURSDAY




1) Shorted BOF BRN. Made a premature exit. Got 4 points.

2)Shorted @ then LOD. Got 9 points.

3) Could not rightly diagnose the price action at PDH and missed the fall.

Disclaimer: I am not a Research Analyst, registered with SEBI. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.
 

Wednesday, March 18, 2015

18/03/2015,WEDNESDAY




1) First candle, big and Red, indicated strong Rejection at PDH. Price didn’t retrace even upto the middle of the first  candle. Fall was very much on the cards.  Expected a bounce or pause at IRL before the fall.  But price fell suddenly without letting me enter.

2)Skipped BOF PDH Short, as there was no space. RN was in the middle of a Narrow Range.

3) Longed at BOF BRN/LOD Confluence. Didn’t move well. Gave 2 points.

Disclaimer: I am not a Research Analyst, registered with SEBI. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.