Friday, July 31, 2015

31072015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
Nifty tried to move up above PDH/BRN and got rejected. But was not able to move below DO and IRL. Long on break of BRN. Stalled at NS BRN for a while and moved up. Exit around 8560. Type 1 trend day

Thursday, July 30, 2015

30072015

Nifty gaped up above PDH and BRN. Long on BPB of BRN. Exited a BO above RN failed. Missed the down move. My order did not get filled. On expiry day play option strikes. Expiry days  are very quite unlike earlier. I wonder why.

Wednesday, July 29, 2015

29072015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
Could not trade last two days.Market traded within the previous day closing range the whole day. Tried two BOF trades. BOF of IRL and IRH. Both were scratch trades.Tomorrow expiry day.

Friday, July 24, 2015

24072015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
Nifty gaped down below PDL and traded in a range for a long time. A short at IRH did not move for a long time . Scratched.Traded in a  lower range after the break down. PP below RN gave 20 points

Thursday, July 23, 2015

23072015

Nifty moved up and failed to move above PDH on open. IR formed. Shorted IRL as it was making lower highs inside IR and twice failed to move above PDC and RN. Bounce from BRN was quick and gave back some points waiting for another test. Another short on TST of PDC and BOF of IRL. Shorted below the MC.Covered on BOF of BRN.Price fell again and gave a BOF signal. Long covered at MC break at IRL again. Missed the quick fall

Wednesday, July 22, 2015

22072015

Nifty gaped down below PDL. Outside trend gap. Stalled at NS BRN area and reversed. Thought RN-PDC confluence will stop the move. Could enter late at the pull back. Excellent momentum and fluid gave confidence. Exited at the end of fluid. TRAP pattern gave a signal to long again. TP near RN. Expected a break down at the fag end. It did not happen

Tuesday, July 21, 2015

21072015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
Nifty opened within previous day closing range and tried to move above PDH. Rejection was too fast and I could not capture. Hit BRN and climbed back to the range. Did not attempt long. Short at PDH. Covered when rejected at Range low. Tried a long which failed. A PP short gave good points. TP at RN

Monday, July 20, 2015

20072015

Nifty opened near PDC and sold . Broke PDL and bounced from BRN. Short on break of BRN as BPB. Adjusted stop too soon and shaken out of trade. Stopped out. Another short on BOF of BRN again. Covered when bounced from LOD. Long above range high. Covered when price bounced from PDC

Tuesday, July 14, 2015

14072015

Nifty opened near PDC and moved down. expected a range move after yesterday evening quick up move. Price reversed testing RN. Waited for a retest and missed the long. Long on BOF of LOD. Exited earlier on consolidation. Short on BOF of RN/HOD. Moved well.Covered at the end of fluid at range low. No other trades

Monday, July 13, 2015

Lot Size


Lot size of Derivatives will be increased wef from Nov 2015 contracts. Lot size of NF could be 60, I think.Link to SEBI circular.

13072015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis  
Nifty opened above PDH and failed to move up. Went short on BOF of PDH. PDC was close and gave support for a long time. I held as the risk was just 5 points finally it broke down. But supported at yesterdays last impulse low. I suspected a range within last impulse of the previous day. Long on BOF range low above PDC. Never expected a move like this. Then it was a channel upmove. tried a short and stopped out

Thursday, July 9, 2015

09072015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
I was out of sync with the market. In hindsight analysis, most of the time price was within range low and DO.It was a 20 point range. I did not notice DO till the end. Attempted 5 trades. Nothing worked. All ended as stop out and scratches.

Wednesday, July 8, 2015

08072015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
Nifty gaped down and refused to go beyond first candle. IR formed. Short on BOF of IRH/RN. Trade moved well. Covered when second attempt at 8370 failed. It fell another 20 points and got supported at 8350. Skipped the first BOF. Second one moved well . Covered on rejection from IRL area after second leg. Short on BOF of BRN failed and bounced from MSP. Stopped out.

Tuesday, July 7, 2015

07072015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis     
As expected a consolidation day. Went short on BOF of PDH. Expected a range within the last impulse. But Nifty refused to move down. Scratched. Could not long on BOF of range low. Short on BOF of PDH/RN. Trade moved well. TP at BRN. No other trades.

Monday, July 6, 2015

06072015

Nifty gaped down and failed to move beyond the open. Missed many long opportunities during the day. But could get two good trades. BOF of PDL short and a PP above IRH long. Stopped out on a short trade at PDH. Missed BOF of IRH,Later BOF of BRN, A TRAP and the BPB of PDH. Nifty is not bothered about Greece it seems.

Friday, July 3, 2015

03072015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis    
Nifty opened a little below PDL and bounced back. Long on BPB of PDC. Closed when price failed to move above BRN 8500. Went short on the breakdown of PDH. Price bounced from earlier swing low and scratched it. BOF of range low moved well but only after stopping me out.

Thursday, July 2, 2015

02072015


This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis   
Nifty traded within the previous day last impulse. Price action within the range was too choppy. The move up and down were like channels. Attempted three trades. Two longs and one short. Nothing worked.