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.

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.