Monday, April 13, 2015

13/04/2015, MONDAY




1)Didn’t trade in the morning and missed the up move.

2) BRN Spot seemed to act as RL. Longed at RL. Had to square off on seeing strong rejection. Got only 2 points. 

Could not spot any other reliable signal.

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.

4 comments:

  1. Dear SK,

    What about Long signal- BOF of PDH at 14.05 ? Any reason fro not taking that signal ?

    Regards,

    Veer

    ReplyDelete
    Replies
    1. Dear Veer,

      I thought that it was TST BOF PDH. I was waiting for an opportunity to short below PDH. That didn't happen.

      I was not interested in going Long, as the price was making LH repeatedly. Entry is possible only above BRN Spot, above which RN is located. I didn't want to direct my trade into LH and cluster of DPs. I was waiting for TRAP above BRN SPOT to short.That too didn't happen.

      Thanks for the comment.

      S.Karthikeyan

      Delete
  2. Hi Karthi,

    You do real live market trade or practicing with pater trade in live maket.

    Thanks,
    Aristatle.S

    ReplyDelete
    Replies
    1. Hi Aristatle,

      I do real live trade with one lot.

      S.Karthikeyan

      Delete