Nifty : 27 - Sep - 2017 (No Trades)

REC : 27 - Sep - 2017 (+0)

Stock Trades : 26 - Sep - 2017

Hindalco : 25 - Sep - 2017 (+2.35)

Nifty : 25 - Sep - 017 (-2)

Nifty : 21 - Sep - 2017 (-3)

Market Commentary:

10:02 AM : NF opened at 2 day’s low and shooted back into yesterday range. Waited to short once PDL broke.. But price slided very fast no letting me to enter

10:30 AM : 10067 is earlier support level.. Price seems to be reversing from that zone, currently scaled above 10100 BRN..

11:17 AM : MSP is at 10115 and VWAP at 10116.. Will attempt short if price gave BOF of MSP signal

12:05 PM : Trade 1 : BOF of MSP short at 10111 with Initial SL 10120, FTA 11 points away, will look to scratch if doesn't move.

13:18 PM : Moved SL to 10112 as price reversing from FTA

13:35 PM : Exited with loss of 3 points

14:25 PM : Now price sustaining above MSP and VWAP as well, bias is bullish.. But not a good location to trade longs.. Will wait for price to approach zone of 10149-10158 for any further trade signals.

14:45 PM : Time Up

Nifty : 19 - Sep - 2017 (-4)

Nifty : 18 - Sep - 2017 (0)

Nifty : 09 - Sep - 2017 (-4)

Nifty : 07 - Sep - 2017 (-15)

Market Commentary:

9:29 AM : Gap up and price resisted at 2 day’s high 9982. Will see if range forms and look for BOF of RL signal as long as price sustain above PDH

9:35 AM : IR - 9982-58.

               

9:40 AM : Potential Trades :

Staying above 9955 (PDH) → 9982 (IRH / DH) , 10K (BRN), 10015 (SR)

Staying below 9955 (PDH) → 9944 (VAH / PDC), 9932 (POC / VWAP), 9920 (VAL), 9910(PDL)

11:30 pm : Trade 1 : BPB of PDH short at 9952 with Initial SL 9960, FTA 8 points away. Will have to scratch if doesn't move.

11:35 PM: Exited with loss of 10 points

12:20 PM : Seems nifty forming BW around PDH; will stay away till better signal visible

13:35 PM : Drawn BW as range now. Will see PA after broking range on either side

13:55 PM : Trade 2 : BPB of range high long at 9965 with Initial SL 9957, FTA DH 17 points away. Placed order when price respected Intra VWAP and forming high close bull candle with lower tail.

14:10 PM : Exited with loss of 5 points (scratched below VWAP and after seeing price rejected from earlier swing)

14: 22 PM : 2 SL’s in a row. Done for today.

Points Earned :: -15

Nifty : 06 - Sep - 2017 (-7)

Market Commentary:

10:15 AM : Gap down and IR formed around PDL 9928-9910.

10:22 AM : Potential trades

Above 9932 (DH / VAL) → 9950 (POC), 9955 (VWAP), 9968 (VAH) , 9980 (PDH)

Below 9910 (DL / IRL) → 9900 (BRN), 9885 (SS), 9826 (SS)

11:38 AM : Trade 1 : BPB of DH/VAL long at 9934 with Initial SL 9929, FTA 9950 (POC / RN) 16 points away. Good risk:reward

11:45 AM : Exited with loss of 7 points

14:35 PM : Messy PA today; not comfortable with any signals. Calling it a day

Points Earned :: -7

Nifty : 05 - Sep - 2017 (-4)

Market Commentary:

9:29 AM : Small gapup, DO is at closing RH 9940 and price sustained above DO and crossed VAH - 9945

10:05 AM : Price struck in narrow range now 9968-58.

10:28 AM : Trade 1 : BOF of Narrow range long at 9960 with Initial SL at 9952 (below VWAP and PB low). Entered half quantity only, will add more once NF sustain above DH

10:35 AM : 9975 NF / 9950 NS are levels acted as flip before fall in yesterday session. Will look to add more position if price sustain above

11:30 AM : Exited with loss of 4 points

11:35 AM : Extended range as 9968-52. Bias is bullish as range formed above yesterday closing range, PDC, DO. Will see if BOF of RL signal comes and look for entry above VWAP

12:19 PM : NF moved in reverse direction; sharp fall after breaking 9950. Moved till PDC/POC as of now

13:05 PM : Placed short order at 9943 as TST/FTC of 9950 level, which was earlier narrow range’s low which produced sharp fall.. Now acting as resistance. Placed order entry below Intra VWAP

13:20 PM : Cancelled order as price back into morning’s range

15:05 PM : Closing the day;

Points Earned :: - 4

Nifty : 04 - Sep - 2017 (No Trades)

Market Commentary:

9:45 AM: NF opened with in yesterday’s closing range. IR (9998-9980) formed. One attempt to break IRL is failed, as long as DL is protected bias is up. Looking for PA at IRL/DL (Or) after breaking PDC / BRN – 10k.

10:25 AM: Waited for BOF of RL/DL signal, but price broke and moving in lower highs lower lows fashion. Let’s see how price behaves at PDL now

11:18 AM: Range formed now 9974-9962. Bullish momentum only after crossing earlier swing high 9991.

11:58 AM: Sharp fall and PDL broke with spike, no signal to enter. Will see if any pull back to PDL and possible entry

12:30 PM: 9885 may act as a flip now... Seeing from last 4-5 days PA there.

12:35 PM: Avoiding BOF of BRN signal as counter trend and Initial SL is 20 points

14:00 PM: Not comfortable with rest of the day signal, proper entry for short is before it broke down... missed it.