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Tuesday, May 12, 2015

12/05/2015, TUESDAY




Could not short the big fall @ DO

1)Was in 2 minds whether to short below PDL. On the one hand, price has already fallen by 100 points. This was the reason for the hesitation. But the second leg of the momentum move was yet to unfold. This factor urged me to jump in. Finally hesitation won and missed the subsequent down move.

Could not find any tradeable set up. So no trades for the day.

Disclaimer: I am not a Research Analyst, registered with SEBI/MCX or any Exchange. 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.
 
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5 comments:

  1. UnknownMay 12, 2015 at 3:36 PM

    That opening move really left us in doubt. Even I hesitated a bit in today's trading but going away from the computer to clear my mind and come back again to trade helped me.
    https://www.facebook.com/357665821105183/photos/a.363305997207832.1073741829.357665821105183/365158043689294/?type=1&theater
    These are my trades today.

    ReplyDelete
    Replies
    1. nifty for breadMay 12, 2015 at 4:06 PM

      Extremely excellent trades. I will ask a few questions after leisurely going through your trades.Thanks for sharing your trades. Would like to follow your trades daily? Is it possible to follow your trades on facebook?

      Thanks,
      S.Karthikeyan

      Delete
    2. UnknownMay 12, 2015 at 4:20 PM

      I will be sharing my trades of nifty and crude oil futures everyday in that page.. Yu can like it and get the updates if intrstd..

      Delete
    3. nifty for breadMay 12, 2015 at 4:37 PM

      Sure, I already liked it.

      Thanks,
      S.Karthikeyan

      Delete
  2. xrtrader1May 12, 2015 at 7:16 PM

    Thanks karthik

    ReplyDelete

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