18-04-2017, TUESDAY

1) Shorted TST of RH. Gave 4 points.

2) Shorted RL BPB. Got 34 points. In hindsight, think that PP short should have been taken.

3) Shorted PDL BPB. VWAP was around 9199 and that prompted the short after such a big fall. Got 6 points.

12-04-2017, WEDNESDAY

1) Took CT PP Long. Trailed too closely and missed the major part of the upmove. Got just 5 points.

19/2/15,THURSDAY

Resumed real trading after a brief pause. Will do real trading in case of  strong signals and book trading when I am not sure.

1) Did not long @ BRN BPB as 8900 is a strong Resistance in Day TF. Would have longed if price formed another Range above IR.

2)After Vertical fall, longed(RT) above RH. Gave 5 points.

3) Shorted (RT) as the price came out of chop near LOD. Got 20 points.

4) Wanted to short, if RH (8858) resisted. But this level was broken.

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.

3/2/2015,TUESDAY

RBI Announcement day.

Didn't take any trade till the customary volatility was over. By then, a BIG down move was completed. Expected the price action to be choppy, as it moves up from LOD.

1) Was expecting TST/BOF @ LOD to let me long. That didn't happen on both attempts. Price moved up making HL.

2) Was expecting a bounce as the price hit the swing high above PDL. Wanted to Long after the bounce. The bounce did happen, but the selling was absorbed too quickly. By the time I realised that the bounce was over, price had moved up quickly, without letting me enter.

3)8840 was the Range Low of the last impulse of yesterday and today also it acted as RL for sometime.This level  became FZ and resisted the upmove along with RN. Thought of longing above RN, if these levels get broken. That alsodidn't happen.

So no trades for the day.

Price started moving upward in a channel after the vertical fall.

26/12/2014, FRIDAY

1) Hesitated and missed BOF of BRN  Short.
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2) Longed at TST LOD Got 19 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.

17/12/2014,WEDNESDAY

1) Did not trade in the first few minutes and missed BPB PDL Short.

2) Could not find any reliable signal thereafter. Downtrend was showing signs of exhaustion and could not spot any clear imbalance between supply and demand.

No trades for today as well.

Disclaimer: I am not a Research Analyst, registered with SEBI. My methods will certainly result in severe losses. So please do not follow me. I maintain this blog  for learning purpose. I do not give any kind of Trading advice to anyone.

25/11/2014,TUESDAY

First candle showed strong rejection. Second candle has breached the lower extreme of the last impulse of yesterday.

1) Shorted below the second candle low. Got 14.5 points.

2) Missed BPB of BRN Short. Thought that there maybe just another 10 points movement, as Nifty has already moved 38 points.  Missed 20 points trade.

3) Price consolidated for more than 3 hours and showed no signs of going up. Skipped BPB of RL/then LOD as RN was close.

4) Did not take LOD BOF as RN was too close. Further, past bitter memories of CT trades acted as a strong deterrent against taking this trade. 

Looks like big boys in action, with expiry just 2 days away.


 

13/11/2014,THURSDAY

Opened at the RH of the last impulse.

1) Could not capture the sudden vertical fall.

2) As PDL was above the consolidation, decided to take Long, only if  TRAP appears. In the recent past, whenever PDL was above the consolidation after vertical fall, price action had been choppy. Did not get TRAP and hence avoided Longs.


3) Took FTC  Long at LOD towards the end of  day half heartedly. Gave 9 points.

10-11-2014

Opened without gap.

1) Did  not take BPB of PDH/BRN,  as the zone above BRN has been acting as a strong resistance for some time.

2) It was a good BOF of BRN/PDH/PDC.  There were too many levels, namely PDH/PDC/DO/lower extreme of the last impulse of the previous day. Could not fine the right place for entry in this 60 point vertical fall.

3) Initially was not interested in  taking BOF of the  LOD, as momentum was low.But nice engulfing candles projecting below the consolidation influenced me to go Long. Stopped out. Gave 9 points. But it was just an over shoot and price was in no mood to go down.

4) Again went Long at the same location. This time, it moved well. Got 22 points.

5)  It looked like a TRAP below PDH. It morphed into FTC set up. Did not take it, as it was nearing 3.00 PM.

14/10/2014

Opened with Gap up above PDH and soon got sold out resulting in a vertical fall.

1) After the fall, price pulled back beyond BRN and it looked like BOF. Didn't take it as there was a strong chance of consolidation. But this move went off well forming a new LOD far beyond the earlier one.

2) PDC/BRN resisted the retracement. Shorted the second BOF   at BRN, though its extreme was inside as opposed to previous BOF. Looked like HNS and there must have been lot of orders  at the previous swing low. Did not move well. Got 1 point. It turned out to be BW.

3) BOF of PDH was pretty strong. Could not find the right place for entry.

No other trades