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, 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.