Trading derivatives can result in drawdowns of capital. The trades shown using the charts are not to be taken by the readers. Views and analysis are personal.
I am not a research analyst registered under the SEBI regulation 2014 and not authorized to give any financial advice. Information contained in this blog should not be used, relied upon or treated as a substitute for specific or professional advice.
Charts posted here are strictly for educational purpose.

Friday, 31 October 2014

31102014


Nifty opened gap up above PDH and BRN 8200 and went above RN 8250, IR formed

1). Long on BPB of PDH/BRN at 8255, SL at 8244, Trade moved well and it went above BRN 8300,TP at 8330. +75 points.

2). Long on TRAP pattern at 8328, SL at 8316, TP near RN 8350. +22 points.

Thursday, 30 October 2014

30102014


Nifty opened near PDC and went above PDH and BRN 8100

1). Long on BPB of BRN at 8109, SL below 8100, TP at 8155. +46 points.

No other trades.

Tuesday, 28 October 2014

28102014


Nifty opened gap up above PDC within previous day range, IR formed

1). Long on BOF of IRL at 8016, SL at 8008, TP at 8015. -1 point.

2). Long on BPB of range high at 8035, SL at 8028, TP when it bounced below RN at 8044. +9 points.

Monday, 27 October 2014

27102014


Nifty opened gap up above PDH and then traded in a range between PDH and PDC/PDL

1). Short on BPB of PDL at 8012, SL above 8019, TP(scratched) when it strongly bounced from BRN at 8010. +2 points.

Wednesday, 22 October 2014

22102014


Nifty opened full gap up above PDH and BRN 8000, IR formed, then it traded in a very narrow range around BRN whole day and did not give any trade opportunity.
No trades today..

Tuesday, 21 October 2014

21102014


Nifty opened gap up within previous day range, IR formed, skipped long above IRH as PDH was near
1). Long on BPB of PDH at 7940, SL at 7932, TP when price fell below RN at 7949. +9 points.
2). Short as FTC above RN, entered below 7942, SL at 7948, TP near IRL at 7915. +27 points.
3). Long on BOF of BRN/PDC at 7909, SL at 7900, TP at 7945. +36 points.
No other trades.

Wednesday, 1 October 2014

01102014


Nifty opened near PDC and went above BRN, then it traded in a narrow range for some time.Nifty made a downward channel like move till 1:00 pm.There were no good signal till it broke the BRN
1). Short on BOF of BRN(when it failed to sustain above previous day closing rang), entered at 7996, SL above 8008, TP near EOD at 7982.+14 points.

Tuesday, 30 September 2014

30092014


Nifty opened near PDL and traded between PDL and PDC for some time.Did not trade during RBI policy announcement time due to high volatility, missed the upmove after announcement, then Nifty made a swing low after day high and failed to cross that high
1). Short on FTC of day high, entered below swing low at 8056, SL at 8064, TP when it bounced from PDL at 7998. +58 points.
No other trades.

Monday, 29 September 2014

29092014


Nifty opened below PDC and fell below BRN, then it bounced and went above PDC, after that it traded between PDC and BRN almost whole day.Around 3:00 pm it broke below BRN and bounced back.I did not find any good trading opportunity today.
So no trades today.

Friday, 26 September 2014

26092014


Nifty opened gap up above PDC due to some premium factor, IR formed, Skipped long above IRH as previous trend was down but it went above BRN 8000 and almost touched the PDH
1). Short on BOF of BRN at 7992, SL above 8001, TP when it bounced from IRL at 7961. +31 points.
2). Reenter Short below IRL at 7940, SL above 7951, my target was PDC(gap filling) and it moved as expected, TP near PDC at 7912. +28 points.
3). Long on BOF of BRN/PDC, entered above swing high at 7932, SL at 7918, TP at 7972. +40 points.
Missed the fast 100 points upmove after 2:30 pm as i could not find proper entry.

Thursday, 25 September 2014

25092014


Nifty opened near PDC and then fell below BRN
1). Short on BPB of BRN at 7995, SL above 8005, TP when it bounced from PDL and Daily Pivot Low(blue line) at 7975. +20 points.
2). Short on BPB of Range Low(Daily Pivot Low) at 7940, SL above 7952, TP at 7896. +44 points.

Wednesday, 24 September 2014

24092014


Nifty opened near PDL and went above it, Previous trend was down
1). Short as BPB of PDL at 8016, but my order could not get filled.
2). Short on BOF of PDL at 8020, SL above 8030, TP at 8009. +11 points.
3). Long on BOF of LOD, entered above BRN at 8003, SL at 7990, TP at 8020. +17 points.

Tuesday, 23 September 2014

23092014


Nifty opened below PDC and went above it and failed
1). Short BOF of PDC, entered below IRL at 8138, SL above 8148, TP at 8134. +4 points.
2). Short on BOF of IRL at 8134, SL above 8142, TP when it bounced from range low at 8126. +8 points.
3). Short on BPB of range low at 8116, SL above 8128, it moved well and broke BRN and PDL, TP at 8068. +48 points.
No other trades.

Monday, 22 September 2014

22092014


Traded today after a long break. Nifty opened gap down below PDL and then traded in a narrow range for some hours, then broke out above BRN and PDL
1). Long on BPB of PDL at 8120, SL at 8110, TP near PDH at 8163. +43 points.
No other trades.

Wednesday, 10 September 2014

10092014

Nifty opened gap down below PDL and fell down, then it traded in a range for some hours
1). Short on BOF of range high at 8138, SL above 8147, TP at 8119. +19 points.
No other trades.

Monday, 8 September 2014

08092014


Nifty opened near PDH/RN and went above it
1). Long on BPB of PDH at 8158, SL at 8148, TP when second push failed at 8154. -4 points.
2). Nifty traded in a narrow range for few hours, long on break of Range High as PP at 8166, SL at 8158, TP near EOD at 8194. +18 points.

Friday, 5 September 2014

05092014


Nifty opened near PDC/PDH and went above PDH
1). Long on BPB of PDH at 8144, SL below 8137, scratched at 8141 when second push failed. -3 points.
2). Short below range low as BOF of PDH, entered below swing low of previous day closing range at 8128, SL at 8138, trade moved well into the fluid of previous day upmove, TP at 8097. +31 points.
3). Long on LOL BOF of LOD/PDL/BRN at 8106, SL below 8096, TP at 8117. +11 points.

Thursday, 4 September 2014

04092014


Nifty opened near PDL and went below it, IR formed, did not short below IRL as BRN was very close
1). Short on BPB of BRN below 8094, SL at 8104, it did not move as expected, scratched at 8103. -10 points.
2). Long on BPB of PDL at 8123, SL at 8116, TP near EOD at 8137. +14 points.

Wednesday, 3 September 2014

03092014


Nifty opened near PDH, then fell below PDC and failed
1). Long on BOF of PDC at 8131, SL at 8123, TP when price bounced below RN at 8145. +14 points.
2). Nifty pulled back upto PDC and went above PDH, Long on BPB of PDH at 8144, SL at 8135, TP at 8163. +19 points.
3). Missed the sudden down move which again took support at PDC, Long on BOF of PDC at 8138, SL at 8129, TP at 8143. +5 points.

Tuesday, 2 September 2014

02092014


Nifty opened near PDC and went above PDC/PDH and pulled back, IR formed
1). Long on BPB of PDH above IRH at 8079, SL below 8072, stopped out. -7 points.
Missed the upmove till BRN as i could not find proper reentry.
2). Long on BPB of BRN at 8112, SL below 8103, TP when it could not sustain above NS BRN at 8126. +14 points.

Thursday, 28 August 2014

28082014


Nifty opened above PDH and pulled back
1). Long on BPB of PDH at 7960, SL below 7950, trade lost momentum, scratched at 7961. +1 point.
2). Long on BOF on IRL/RN at 7957, SL below 7948, I thought it will break HOD but it did not, TP at 7958. +1 point.
No other trades, only expiry drama.

Wednesday, 27 August 2014

27082014


Nifty opened gap up above PDH and traded in a narrow range of 10-15 points for a long time, then broke the range low and PDH and failed
1). Long on BOF of PDH at 7924, SL below 7914, TP at EOD. +19 points.

Tuesday, 26 August 2014

26082014


Nifty opened gap down below PDL and BRN 7900, then it went upto PDC and start trading in a small range with too many decision points in between. After few hours it break below IRL.Attempted only a short trade
1). Short below IRL at 7889, SL above 7896, TP at 7883. +6 points.
No other trades.
 

Monday, 25 August 2014

25082014


Nifty opened below PDH/PDC and immediately went above PDH, Initial bias was up
1). Long on BPB of PDH at 7946, SL below 7939, TP(scratched) at 7949. +3 points.
2). Long on BPB of Range high at 7965, SL below 7956, TP at 7967. +2 points.
3). Short on BOF of HOD, entered below MSP at 7960, SL at 7970, trade moved well and trailed till PDL, TP when second push failed to go below PDL at 7916. +44 points.

Friday, 22 August 2014

22082014


Nifty opened above PDC, IR formed, then Nifty traded in a range between IRL and PDH whole day
1). Long on BOF of IRL at 7915, SL below 7908, trade did not move well, scratched at BE. 0 points.
No other trades.

Wednesday, 20 August 2014

20082014


Nifty opened near PDC and fall below PDL but failed
1). Long on BOF of PDL at 7896, SL at 7890, TP at 7898. +2 points.
2). Short on BOF of range high at 7898, SL at 7908, trade did not move as expected, scratched at 7904. -6 points.
Missed the last downmove. Narrow range days, something is cooking in the market...

Tuesday, 19 August 2014

19082014


Nifty opened gap up above PDH and went above BRN 7900 then fall back below BRN and failed
1). Long on BOF of BRN at 7904, SL at 7897, stopped out. -7 points.
Missed the upmove after 12:00 pm.
2). Short on the BOF of Range High/Day High at 7910, SL at 7918, TP at BRN bcoz it was a CT trade and i was not much confident about it so exited at FTA. +10 points.



Monday, 18 August 2014

18082014


Nifty opened below PDC, but soon went above BRN 7800 and PDH
1). Long on BPB of PDH at 7816, SL below 7806, TP at 7832. +16 points.
2). Long on BPB of then HOD at 7846, SL below 7836, TP at 7875. +29 points.

Thursday, 14 August 2014

14082014


Nifty opened with a gap above PDC, missed the initial upmove, then Nifty traded in a narrow range above PDH for some time
1). Long on the BOF of range low/PDH at 7779, SL below 7770, TP at 7787. +8 points.
2). Short on BOF of BRN around 7795, SL at 7808, target was PDH but Nifty bounced from previous swing low, scratched at BE. 0 points.


Wednesday, 13 August 2014

13082014


Nifty opened below PDC and formed the IR, avoided long above IRH as PDC and PDH was very near
1). Long on BPB of PDH at 7775, SL at 7763, stopped out. -12 points.
2). Short on BOF of PDH at 7748, SL at 7759, TP at 7724. +24 points.
No other trades taken.

Tuesday, 12 August 2014

12082014


Nifty opened gap up above PDH, IR formed, bias was up
1). Long on the BOF of range low at 7673, SL below 7663, TP at 7681. +8 points.
2). Long on BPB of BRN around 7719, SL at 7708, TP at EOD. +32 points.

Monday, 11 August 2014

11082014



Nifty opened gap up above PDH, IR formed
1). Short as FTC above DO, entered below IRL at 7629, SL above 7638, TP at 7624. +5 points.
2). Short on TST of range high, entered at pivot low 7629, SL at 7640,target was PDH but it did not move as expected, exited at BE. 0 points.
No other trades, missed the last upmove.

Friday, 8 August 2014

08082014


Nifty opened big gap down near BRN 7600 and sold, IR formed
1). Short on BOF of IRH/BRN at 7595, SL above 7602, TP at 7585. +10 points.
2). Short below the then LOD at 7570, SL above 7580, did not move as expected, scratched at 7575. -5 points.
Did not take any other trades.


Thursday, 7 August 2014

07082014


Nifty opened near PDL, IR formed, skipped the long above IRH as PDC and BRN was above and previous trend was down
1). Short on the BOF of BRN at 7694, SL above 7704, TP at 7675. +19 points.
2). Long on BPB of PDL from below at 7693, SL at 7684, TP at 7723. +30 points.
3). Short FTC, entered below MSP after lower high at 7714, SL above 7723, TP at 7675. +39 points.

Wednesday, 6 August 2014

06082014


Nifty opened gap down below PDC, IR formed
1). Short on the BOF of range high at 7746, SL above 7751, TP at 7729. +17 points.
2). Short on the break of then LOD at 7714, SL above 7724, TP at 7709. +5 points.

 

Tuesday, 5 August 2014

05082014


Nifty opened near PDH and then traded into a range for some time, took trades after announcement
1). Long on BOF of IRL at 7716, SL below 7705, TP at 7729. +13 points.
2). Missed the trade during down move, but at afternoon took the PP long at 7700, SL below 7690, TP at 7775. +75 points.


Monday, 4 August 2014

04082014


Nifty opened gap up above PDC, IR formed, missed the long trade above IRH as i came late at trading terminal, took only one BOF long trade
1). Long on BOF of IRH at 7671, SL below 7661, take profit at EOD. +53 points.


Friday, 1 August 2014

01082014


Nifty opened gap down below PDL and BRN, went upto BRN, IR formed.Previous trend was down
1). Short on BOF of BRN at 7693, SL above 7703, FTA was IRL but it did not move as expected, scratched at 7698. -5 points.
2). Took PP long above then HOD at 7705, SL at 7695, TP around PDC at 7722. +17 points.
3). Short BOF of PDC/PDL/BRN, entered below BRN at 7689, SL above 7702, TP when it failed to sustain below NS BRN at 7625. +64 points.

Thursday, 31 July 2014

31072014


Nifty opened below PDC and went upto PDC, IR formed, it traded between IRH and IRL about four hours then broke down
1). Short below IRL into the fluid area of yesterday upmove at 7769, SL above 7776, target was PDL but TSL hit at 7739 due to high volatility of expiry day. +30 points.
No other trades taken.

Wednesday, 30 July 2014

30072014



Nifty opened near RN and sold, first master candle acted as IR
1). Short below IRL/PDC below 7735, SL at 7743, stopped out. -8 points.
2). Short on BPB below range low at 7730, SL at 7738, TP at 7718. +12 points.
3). Long on BOF of PDL at 7729, SL below 7721, TP at 7790. +61 points.

Monday, 28 July 2014

28072014


Nifty opened near previous day closing range and went upto BRN, IR formed
1). Short BPB below IRL/PDC at 7779, SL at 7786, TP near PDL at 7762. +17 points.
2). Short BPB of PDL, entered below RN at 7749, SL at 7760, TP at 7733. +16 points.

Friday, 25 July 2014

25072014


Nifty opened within previous day closing range and traded in a tight range for some time
1). Short below IRL, entered below previous day pivot low at 7815, SL above 7825, TP near BRN at 7802. +13 points.
2). Nifty traded in a range around BRN for some time and broke down. Short on BPB of range low around 7784, SL at 7796, TP when second leg failed to go below PDL at 7768. +16 points.
3). Long on BPB of PDL from below at 7777, SL at 7768, TSL hit at BE. 0 points.

Thursday, 24 July 2014

24072014


Nifty opened near PDC within previous day range, IR formed, did not take long above IRH as BRN and PDH was nearby
1). Short on BOF of PDH/BRN entered below PDC at 7789, SL above 7795,target was IRL but it did not reach there, TP at 7780. +9 points.
2). Long above HOD as PP at 7805, SL below BRN at 7795, trade moved well, TP at EOD around 7833. +28 points.

Friday, 4 July 2014

04072014






Nifty opened above PDC and pulled back, IR formed.Traded into tight range for some time and broke down
1). Short on BPB of IRL/PDC, entered below PDL at 7729, SL above 7739, TP around 7695. +34 points.
2). Long on BOF of BRN at 7710, SL below 7700, TP at EOD. +80 points.

Thursday, 3 July 2014

03072014






Nifty opened above PDH and formed the IR, went short on BOF of PDH, entered below PDC at 7747, trade did not move well, exit around 7745.Profit of +2 points.
No other trades.

Wednesday, 2 July 2014

02072014


Nifty opened gap up above PDH and BRN, pulled back to BRN and went up, initial range formed
1). Long above IRH at 7720, SL below 7713, TP at 7732. +12 points.
2). Long on BPB of (then) HOD at 7741, SL below 7733, TP around 7747. +6 points.

Tuesday, 1 July 2014

01072014


I have not traded today as was out for some office work, will post my trades whenever i get time to trade.


Monday, 30 June 2014

30062014


Nifty opened gap up above PDC and went above PDH
1). Long on BPB of PDH at 7578, SL below 7567, TP around 7618. +40 points.
2). Nifty traded in a channel for some hours.Long on BOF of channel low at 7626, SL below 7620, TP around 7642. +16 points.

Friday, 27 June 2014

27062014


Nifty opened with gap above previous day afternoon range(start of new series,some premium factor also) and went upto PDH but failed to cross, previous trend was down
1). Short on BOF of IRH,it bounced up from RN but failed,TP near IRL.+10 points.
2). Short on BPB of IRL, TP when second attempt to go below the then LOD failed. +11 points.
3). Short on BOF of range high, entered below RN, TP near RL. +7 points.

Thursday, 26 June 2014

26062014

Nifty opened below PDL and formed Initial Range.Missed the short trade below IRL.After the fall Nifty started trading in a range.Entered short on BOF of range high but it did not move as expected.Scratched at breakeven.Long on BPB of range high, stopped out with loss of 8 points.Short on BOF of range high below the swing low.Exited near  BRN with profit of 25 points.

Wednesday, 25 June 2014

25062014


Nifty opened slightly below PDC and start trading within a range. BOF of IRL gave a long signal, target was IRH but it did not went there.Scratched with 2 point profit.Again BOF of Range Low gave a long signal but i missed it as was not in front of screen at that time.Nifty attempted to break the HOD and failed, short on BOF of HOD/Range High.Target of range low achieved within six minutes.Nifty traded the whole day within a range of 15-20 points.