There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits

Tuesday, September 30, 2014

30092014


Nifty Opened within previous day range. Did not trade the morning session due to RBI announcement. Missed the up move as I could not get a good entry. Went short on FTC of HOD which moved well. TP near BRN when price bounced from LOD/PDL. Second BOF of PDL @2.40 was a good opportunity to make quick 20 points. Missed it

Monday, September 29, 2014

29092014


Nifty opened within previous day range. Skipped the BOF of BRN as market did not give a proper entry or  a pullback after BOF. Then it was a range between BRN and PDC. Attempted a trade on BOF of PDC. Covered when it bounced from BRN. There was another BOF of PDC later . I was away and could not attempt any other trade

Friday, September 26, 2014

26092014


Traded October chart. nifty opened within previous day range. Yesterdays final move acted as a range. Short on BOF of PDC/BRN. Closed when price failed to move beyond RN and NS BRN. A BO below PDL reached BRN as expected. Missed the bounce from BRN as there was no reliable trade signal. Another long on BOF of PDL. Entered at 7960 as I wanted price to clear RN and NS BRN. Good move till RN 8050 where I exited

Thursday, September 25, 2014

25092014


Nifty opened above PDC and sold. Went short on BPB  of BRN. TP when it bounced from PDL. There was another BPB at PDL to short. Skipped as I expected some chop due to expiry

Wednesday, September 24, 2014

24092014



Nifty opened near PDL. and tried to move down. Skipped BOF of PDL as I was expecting a range day with RN and MSP above it. Expected the last impulse to act as a range. Went short on BPB of PDL. Covered when price bounced from BRN. Rest of the day it was a range between PDL and BRN. Tried a long during the Coal Drama. Exited on the BOF of PDL.

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