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

Thursday, August 28, 2014

28082014


Nifty opened near PDC and moved up. Went long on the BPB of PDH/RN. Trade did not move. Scratched. The last impulse acted as a range for the whole day. Did not trade the afternoon session due to expiry.

Wednesday, August 27, 2014

27082014


Nifty gaped up above PDH. IR formed. Nifty traded within this range almost all the day. Could not capture the fall. Skipped the BOF od PDH as it came very late. But it moved well through the fluid. No trades today

Tuesday, August 26, 2014

26082014


As expected a range day. Market formed a Barbed Wire range within last down impulse. Tried a short on BPB of the range. Scratched . Skipped the long as there were too many levels above it. BRN, PDL and PDC

Monday, August 25, 2014

25082014


Nifty opened below PDH and moved up. Long on BPB of PDH. The deep pullback hit my stop. Could not get any reliable signal to enter long again . Went short on the BOF of range high/HOD. This moved well Trailed till PDL and exited. Market has not forgotten how to fall.

Friday, August 22, 2014

22082014


Nifty opened above PDC . Traded in a 20 point range the whole day between IRL and PDH. Tried a BOF trade of IRL. Scratched it when price failed to go above PDH. Being weekend expected some nice move  near closing. Nothing happened

Thursday, August 21, 2014

21082014


Nifty continued to trade within previous day range. A Barbed wire around BRN 7900. Tried thrice to escape from this range and failed. These three BOF of range extremes gave good trade opportunities.