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.

Tuesday, 24 June 2014

24062014


Nifty opened gap up above PDC and moved above PDH and RN
1. Long above IRH on BPB of PDH/RN but could not manage it well. TP when Nifty start ranging.
2. Long on BO of range high above BRN but it did not move as expected, scratched at small profit.
3. Short on BPB of BRN, my target was RN/PDH but it did not go there TP when second attempt to go down failed.
could not take the BOF of range low as i was managing my short trade.

6 comments:

  1. Nice Blog. Simple
    Let this be your trading journal
    Do not forget to give a name for the blog post.
    Otherwise by default the first sentence will appear as name in archives
    Better give date as name
    All the best

    ST

    ReplyDelete
    Replies
    1. Thank you sir for your visit here and comment.
      Yes sir will remember from the next time.

      VKM

      Delete
  2. Hi VKM
    nice initiative and all the very best with the blog.
    in the first trade today why did u not take profit at BRN
    Thanks

    TBP

    ReplyDelete
    Replies
    1. TBP, Thanks for the visit and comment.
      In the first trade i book profit early at 10:18 am bar and after that Nifty went to BRN at 10:36 am bar.

      VKM

      Delete
  3. VKM

    Nice blog. Keep it going. All the best.

    URD

    ReplyDelete
    Replies
    1. UR Dave

      Thank you very much for the visit and comment.Learning a lot from you.

      VKM

      Delete