Monday, April 11, 2016

11 - 04 - 2016 (Nifty)


[09:39] Day Trend down; Small gap up near to PDH and sell off into PDC; IR (7596-73) formed; look for short around PDH/PDC
[09:51] BPB short of PDC at 7578 with initial SL at 7585
[10:00] Moved SL to 7575, while price negotiating with PDL
[10:45] Exited with gain of 1 point
[11:27] Will wait for PA at PDH/PDL/PDC
[12:51] Missed BPB of PDL short signal as price quickly fall after BO, couldn't punch order.
[13:30] Sudden spike of 65 points; don't know why :O; whoever caught BOF of PDL long must be on cloud 9 already.
[13:34] Was expecting quite range bound day, as tomorrow Infy declaring results & some Fed meet tonight; Surprise rally left me clueless now. Missed bullet Train!
[14:24] Will look to attempt a short if BOF signal comes at RN/DH
[15:10] So, some unexpected news from FED (meet itself unplanned one)? Rate Hike/Cut or $ Devaluation (That must be shocker).. anyways how does it matters to us!
[15:20] Done for Today.

Net: +1

4 comments:

  1. Hi,
    Good move to miss. It came after a long boring days.But somehow manage to watch the movie after interval:)
    http://screencast.com/t/qsBY7EQuDii

    Infy result is on 15th
    http://screencast.com/t/wQvWDE10yYNS

    Thanks

    ReplyDelete
    Replies
    1. Arvind,

      Nice trade..what was your thought process before this entry?

      Also

      Delete
  2. Hi,
    http://screencast.com/t/dw34Ah2Rz0S

    Thanks

    ReplyDelete
    Replies
    1. Nice one.. when ever market makes surprise moves against my plan, i get freezes and stopped thinking much.

      Delete